- $1.19bn
- $1.35bn
- CNY5.91bn
Annual income statement for Youdao, fiscal year end - December 31st, CNY millions except per share, conversion factor applied.
2021 December 31st | 2022 December 31st | 2023 December 31st | 2024 December 31st | 2025 December 31st | |
|---|---|---|---|---|---|
| Period Length: | 12 M | 12 M | 12 M | 12 M | 12 M |
| Source: | 20-F | 20-F | 20-F | 20-F | 6-K |
| Standards: | USG | USG | USG | USG | — |
| Status: | Final | Final | Final | Final | Final |
| Revenue | |||||
| Total Revenue | 4,016 | 5,013 | 5,389 | 5,626 | 5,909 |
| Cost of Revenue | |||||
| Gross Profit | 1,989 | 2,586 | 2,767 | 2,748 | 2,617 |
| Selling / General / Administrative Expenses | |||||
| Research And Development | |||||
| Unusual Expense / Income | |||||
| Total Operating Expenses | 4,974 | 5,799 | 5,900 | 5,479 | 5,688 |
| Operating Profit | -958 | -786 | -511 | 147 | 221 |
| Total Net Non Operating Interest Income / Expense | |||||
| Other Net Non Operating Costs | |||||
| Net Income Before Taxes | -919 | -726 | -539 | 81.2 | 114 |
| Provision for Income Taxes | |||||
| Net Income After Taxes | -926 | -740 | -550 | 75.2 | 97 |
| Minority Interest | |||||
| Net Income Before Extraordinary Items | |||||
| Extraordinary Items | |||||
| Net Income | -996 | -727 | -550 | 82.2 | 107 |
| Adjustments to Net Income | |||||
| Income Available to Common Shareholders Excluding Extraordinary Items | |||||
| Income Available to Common Shareholders Including Extraordinary Items | |||||
| Diluted Net Income | -996 | -727 | -550 | 82.2 | 107 |
| Diluted Weighted Average Shares | |||||
| Basic EPS Including Extraordinary Items | |||||
| Diluted EPS Including Extraordinary Items | |||||
| Diluted EPS Excluding Extraordinary Items | |||||
| Normalised Income Before Taxes | |||||
| Normalised Income After Taxes | |||||
| Normalised Income Available to Common Shareholders | |||||
| Diluted Normalised EPS | -6.98 | -5.77 | -4.29 | 0.71 | 1.08 |