Security
Youdao, Inc. American Depositary Shares, each representing one Class A Ordinary Share · DAO
DAONYSEotherCurrentCIK 1781753Updated Oct 6, 2026
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NYSE:DAO on TradingView ↗In the news
Youdao to Report Second Quarter 2026 Financial Results on August 20 ↗
Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2020 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| ASSETS | |||||
| AssetsUSD | 282,075,000Source | 282,428,000Source | 248,571,000Source | 234,679,000Source | 330,012,000Source |
| GoodwillUSD | — | 15,722,000Source | 15,062,000Source | 15,485,000Source | 15,940,000Source |
| Current assets: | |||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 11,484,000Source | 62,881,000Source | 81,202,000Source | 64,020,000Source | 113,613,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 49,241,000Source | 54,517,000Source | 57,354,000Source | 49,861,000Source | 58,740,000Source |
| Inventory, NetUSD | 13,541,000Source | 20,131,000Source | 23,939,000Source | 30,573,000Source | 33,675,000Source |
| Assets, CurrentUSD | 260,023,000Source | 246,315,000Source | 203,686,000Source | 183,095,000Source | 271,122,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 29,544,000Source | 19,892,000Source | 21,143,000Source | 24,747,000Source | 30,124,000Source |
| Operating Lease, Right-of-Use AssetUSD | 12,293,000Source | 6,713,000Source | 9,384,000Source | 12,538,000Source | 11,368,000Source |
| Other Assets, NoncurrentUSD | 3,943,000Source | 4,467,000Source | 4,122,000Source | 6,335,000Source | 5,075,000Source |
| LIABILITIES AND EQUITY | |||||
| LiabilitiesUSD | 425,146,000Source | 559,000,000Source | 534,806,000Source | 534,557,000Source | 544,197,000Source |
| Stockholders’ equity: | |||||
| Additional Paid in CapitalUSD | 336,497,000Source | 579,994,000Source | 553,996,000Source | 567,531,000Source | 578,934,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -5,007,000Source | -14,293,000Source | -15,281,000Source | -14,161,000Source | -13,352,000Source |
| Liabilities and EquityUSD | 282,075,000Source | 282,428,000Source | 248,571,000Source | 234,679,000Source | 330,012,000Source |
| Current liabilities: | |||||
| Liabilities, CurrentUSD | 414,884,000Source | 419,687,000Source | 403,731,000Source | 436,526,000Source | 460,857,000Source |
| Operating Lease, Liability, CurrentCNY | 19,457,000Source | 22,425,000Source | 38,113,000Source | 38,842,000Source | 35,562,000Source |
| Accounts Payable, CurrentUSD | 17,553,000Source | 15,730,000Source | 19,885,000Source | 22,395,000Source | 40,937,000Source |
| Operating Lease, Liability, NoncurrentUSD | 9,615,000Source | 2,694,000Source | 3,503,000Source | 6,949,000Source | 6,326,000Source |
| Other Liabilities, NoncurrentUSD | 647,000Source | 4,119,000Source | 2,492,000Source | 2,298,000Source | 1,281,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 173,000Source | 5,714,000Source | 6,938,000Source | 2,771,000Source | -980,000Source |
| Additional Financial Items | |||||
| Short-term InvestmentsUSD | 34,968,000Source | 42,655,000Source | 8,640,000Source | 10,120,000Source | 33,659,000Source |
| Property, Plant and Equipment, Net | —Source | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2020 | Q4 2019 | Q3 2020 | Q3 2019 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | 13,877,000Source | 10,306,000Source | -77,483,000Source | -108,142,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| Depreciation and amortization | — | — | — | — | —Source | —Source | —Source | —Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | 4,961,000Source | 3,096,000Source | 4,338,000Source | 10,252,000Source |
| Changes in operating assets and liabilities: | ||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | -2,908,000Source | 9,378,000Source | -6,201,000Source | 23,702,000Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | -2,614,000Source | -3,401,000Source | -1,226,000Source | -2,900,000Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | -5,041,000Source | -1,898,000Source | -17,374,000Source | 17,594,000Source |
| Deferred Income Tax Expense (Benefit)CNY | — | — | — | — | -8,958,000Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | 7,891,000Source | -9,304,000Source | -61,711,000Source | -87,445,000Source |
| Cash flows from investing activities: | ||||||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | — | — | — | 594,000Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | -36,230,000Source | -1,861,000Source | 17,687,000Source | 18,244,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | 3,660,000Source | 1,615,000Source | 2,514,000Source | 9,954,000Source |
| Cash flows from financing activities: | ||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | 8,535,000Source | 17,964,000Source | 7,351,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | 6,526,000Source | 31,306,000Source | -2,668,000Source | 26,771,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | -22,102,000Source | 19,805,000Source | -46,416,000Source | -41,765,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 11,484,000Source | 54,889,000Source | 63,624,000Source | 82,130,000Source | 64,076,000Source | 113,740,000Source |
| Supplemental disclosure of cash flow information: | ||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | 8,863,000Source | 12,905,000Source | 8,924,000Source | 5,714,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | 2,494,000Source | 1,599,000Source | 1,792,000Source | 1,365,000Source |
| Additional Financial Items | ||||||||
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | — | — | — | — | 3,679,000Source | — | 6,161,000Source | 1,493,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxCNY | — | — | — | — | -9,227,000Source | -2,445,000Source | 3,108,000Source | 4,051,000Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | — | — | — | — | -961,000Source | -23,000Source | 237,000Source | 138,000Source |
| Gain (Loss) on Termination of LeaseCNY | — | — | — | — | -661,000Source | -1,785,000Source | -551,000Source | -1,168,000Source |
| General and Administrative ExpenseUSD | — | — | — | — | 28,165,000Source | 25,631,000Source | 31,267,000Source | 33,232,000Source |
| GoodwillUSD | — | — | — | — | 15,722,000Source | 15,062,000Source | 15,485,000Source | 15,940,000Source |
| Goodwill, Impairment LossCNY | — | — | — | — | 0Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets, Finite-livedCNY | — | — | — | — | — | 0Source | 0Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | 10,306,000Source | -77,483,000Source | -107,257,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | — | -885,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | -2,774,000Source | -1,531,000Source | — | — |
| Income Tax Expense (Benefit)USD | — | — | — | — | 2,372,000Source | 823,000Source | 1,562,000Source | 2,007,000Source |
| Inventory Write-downUSD | — | — | — | — | 2,243,000Source | 2,398,000Source | 914,000Source | — |
| Investment Income, InterestUSD | — | — | — | — | 347,000Source | 537,000Source | 1,176,000Source | 1,871,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | — | -1,473,000Source | -957,000Source | -26,000Source | -2,733,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | — | 15,350,000Source | 11,263,000Source | -77,457,000Source | -105,409,000Source |
| Operating ExpensesUSD | — | — | — | — | 342,555,000Source | 356,154,000Source | 455,470,000Source | 487,312,000Source |
| Other Nonoperating Income (Expense)USD | — | — | — | — | -6,740,000Source | 217,000Source | -1,631,000Source | 11,808,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | — | — | — | — | 210,000Source | 160,000Source | -15,000Source | 91,000Source |
| Depreciation | — | — | — | — | — | — | — | — |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | — | — |
| Net Income (Loss) Attributable to Parent | — | — | — | — | — | — | — | — |
| Nonoperating Income (Expense) | — | — | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2020 | Q4 2019 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 844,979,000Source | 770,748,000Source | 759,054,000Source | 726,843,000Source |
| Cost of Goods and Services Sold | — | — | —Source | —Source | —Source | —Source |
| Operating Income (Loss)USD | — | — | 31,647,000Source | 20,388,000Source | -65,681,000Source | -112,317,000Source |
| Other Nonoperating Income (Expense)USD | — | — | -6,740,000Source | 217,000Source | -1,631,000Source | 11,808,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 16,249,000Source | 11,129,000Source | -75,921,000Source | -105,250,000Source |
| Income Tax Expense (Benefit)USD | — | — | 2,372,000Source | 823,000Source | 1,562,000Source | 2,007,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | -1,473,000Source | -957,000Source | -26,000Source | -2,733,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.13Source | 0.1Source | -0.64Source | -0.85Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.13Source | 0.1Source | -0.64Source | -0.85Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 118,084,439Source | 117,426,938Source | 121,381,857Source | 123,597,604Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 119,851,130Source | 118,173,469Source | 121,381,857Source | 123,597,604Source |
| Additional Financial Items | ||||||
| Current Income Tax Expense (Benefit)CNY | — | — | 25,547,000Source | 6,009,000Source | 11,089,000Source | 13,844,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 3,347,000Source | 3,966,000Source | 4,175,000Source | 6,120,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | — | — | 3,679,000Source | — | 6,161,000Source | 1,493,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxCNY | — | — | -9,227,000Source | -2,445,000Source | 3,108,000Source | 4,051,000Source |
| General and Administrative ExpenseUSD | — | — | 28,165,000Source | 25,631,000Source | 31,267,000Source | 33,232,000Source |
| Goodwill, Impairment LossCNY | — | — | 0Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | — | — | 374,202,000Source | 376,542,000Source | 389,789,000Source | 374,995,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | 10,306,000Source | -77,483,000Source | -107,257,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | — | — | 0.1Source | -0.64Source | -0.84Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | — | — | 0.1Source | -0.64Source | -0.84Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | -885,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | -2,774,000Source | -1,531,000Source | — | — |
| Interest ExpenseUSD | — | — | 9,005,000Source | 10,013,000Source | 9,785,000Source | 6,612,000Source |
| Investment Income, InterestUSD | — | — | 347,000Source | 537,000Source | 1,176,000Source | 1,871,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 15,350,000Source | 11,263,000Source | -77,457,000Source | -105,409,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | — | — | — | 11,263,000Source | -77,457,000Source | -104,524,000Source |
| Operating ExpensesUSD | — | — | 342,555,000Source | 356,154,000Source | 455,470,000Source | 487,312,000Source |
| Research and Development ExpenseUSD | — | — | 73,535,000Source | 73,980,000Source | 104,702,000Source | 116,538,000Source |
| Selling and Marketing ExpenseUSD | — | — | 240,855,000Source | 256,543,000Source | 319,501,000Source | 337,542,000Source |
| Net Income (Loss) Attributable to Parent | — | — | — | — | — | — |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | — | — |
| Nonoperating Income (Expense) | — | — | — | — | — | — |