Growth & profitability
- Revenue has grown 18.5% per year over the past 5 years.
- Operating margin has expanded, at 3.7% in the latest year.
Financial health
- Operating income covered interest expense 3.5× in the latest year, up from -27.3× 5 years ago.
DAO Financials Youdao, Inc.
9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings, in CNY as reported — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | CN¥5.9B | CN¥97M | 44.3% | 3.7% | -5.0% | 4.9% | CN¥30M | — | CN¥440M |
| 2024 | CN¥5.6B | CN¥75M | 48.9% | 2.6% | -3.6% | 4.1% | -CN¥80M | — | CN¥593M |
| 2023 | CN¥5.4B | -CN¥550M | 51.4% | -8.7% | 25.4% | -33.0% | -CN¥456M | — | CN¥455M |
| 2022 | CN¥5.0B | -CN¥746M | 51.6% | -15.5% | 48.4% | -32.8% | -CN¥672M | — | CN¥784M |
| 2021 | CN¥4.0B | -CN¥1.0B | 49.5% | -23.5% | 126.9% | -39.0% | -CN¥1.4B | — | CN¥323M |
| 2020 | CN¥2.5B | -CN¥1.8B | 43.8% | -33.7% | 124.6% | -84.7% | -CN¥352M | — | CN¥609M |
| 2019 | CN¥1.2B | -CN¥601M | 27.7% | -38.1% | -199.8% | -28.8% | -CN¥390M | — | CN¥173M |
| 2018 | CN¥732M | -CN¥209M | 29.6% | -30.0% | 18.3% | -33.8% | -CN¥114M | — | CN¥42M |
| 2017 | CN¥456M | -CN¥164M | 35.5% | -28.5% | 17.1% | — | -CN¥98M | — | — |
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Dec '20 | CN¥1.1B | -CN¥448M | 47.5% | -40.9% | 31.8% | -21.6% | CN¥113M | — | CN¥609M |
| Dec '19 | CN¥410M | -CN¥203M | 29.8% | -49.7% | -67.4% | -9.7% | -CN¥34M | — | CN¥173M |
Frequently asked questions
Is DAO growing its revenue and profit?
Over the past 5 years, Youdao, Inc.'s revenue has grown 18.5% per year. These are computed facts, not advice.
How much debt does DAO have?
As of FY2025, Youdao, Inc. reported — of total debt against CN¥440M of cash; operating income covered interest expense 3.5×.
What is DAO's profit margin?
In FY2025, gross margin was 44.3%, operating margin 3.7%, and net margin 1.6%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in CNY as reported (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (annual and interim filings, reported in CNY) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.