ATA Creativity Global (AACG) Income Statement
AACG 2025 at a glance
Fiscal year ended December 31, 2025 · Chinese yuanAACG revenue and net income
Where AACG's revenue goes
2025Each bar shows an amount and its share of revenue. AACG kept −17.9% of revenue as net income.
AACG profit margins
AACG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +0.0% | +9.0% | +10.6% | −4.3% |
| Gross profit | −7.8% | +8.3% | +17.7% | −4.6% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AACG income statement in Chinese yuan
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥268.1M | CN¥268.1M | CN¥221.6M | CN¥206.8M | CN¥202.2M | CN¥162.2M | CN¥97.8M | CN¥1.3M | CN¥7.5M | CN¥8.8M |
| Cost of revenue | CN¥137.8M | CN¥126.8M | CN¥107.0M | CN¥104.3M | CN¥97.4M | CN¥104.4M | CN¥79.3M | CN¥4.3M | CN¥5.0M | CN¥239.9M |
| Gross profit | CN¥130.3M | CN¥141.3M | CN¥114.7M | CN¥102.5M | CN¥104.8M | CN¥57.7M | CN¥18.4M | −CN¥2.9M | CN¥2.5M | CN¥232.5M |
| Research & development | CN¥3.0M | CN¥3.7M | CN¥4.6M | CN¥6.8M | CN¥11.8M | CN¥8.8M | CN¥11.8M | CN¥19.6M | CN¥47.5M | CN¥43.4M |
| Sales, general & admin | CN¥140.2M | CN¥180.8M | CN¥151.6M | CN¥152.3M | CN¥159.4M | CN¥153.6M | CN¥116.0M | CN¥43.5M | CN¥42.2M | CN¥116.6M |
| Total operating expenses | CN¥160.5M | CN¥184.3M | CN¥156.2M | CN¥159.1M | CN¥171.2M | CN¥165.2M | CN¥136.2M | CN¥64.9M | CN¥204.7M | CN¥160.7M |
| Operating income | −CN¥30.2M | −CN¥43.0M | −CN¥41.5M | −CN¥56.6M | −CN¥66.4M | −CN¥107.5M | −CN¥117.8M | −CN¥67.8M | CN¥90.1M | −CN¥56.8M |
| Interest income | — | — | — | — | — | — | CN¥3.3M | CN¥6.1M | CN¥3.0M | CN¥4.0M |
| Interest expense | — | — | CN¥978.5M | CN¥2.8M | CN¥1.11B | CN¥3.28B | CN¥3.28B | CN¥2.4M | CN¥3.91B | CN¥75,918 |
| Income before taxes | −CN¥51.6M | −CN¥42.5M | −CN¥40.5M | −CN¥54.5M | −CN¥37.9M | −CN¥110.9M | −CN¥141.3M | −CN¥68.1M | CN¥74.2M | −CN¥58.2M |
| Income taxes | −CN¥3.6M | −CN¥6.4M | −CN¥6.8M | −CN¥5.9M | −CN¥1.5M | −CN¥10.3M | −CN¥7.1M | −CN¥923.0M | CN¥19.9M | CN¥1.5M |
| Net income | −CN¥48.0M | −CN¥36.1M | −CN¥33.7M | −CN¥47.9M | −CN¥33.6M | −CN¥92.2M | −CN¥122.3M | CN¥854.9M | −CN¥114.0M | −CN¥9.7M |
| EBITDA | −CN¥30.1M | −CN¥18.3M | −CN¥18.5M | −CN¥31.9M | −CN¥14.9M | −CN¥74.4M | −CN¥91.3M | −CN¥54.5M | −CN¥47.1M | −CN¥46.5M |
| Gross margin | 48.6% | 52.7% | 51.7% | 49.6% | 51.8% | 35.6% | 18.8% | −217.6% | 33.5% | 2,633.0% |
| Operating margin | −11.3% | −16.1% | −18.7% | −27.4% | −32.8% | −66.3% | −120.5% | −5,064.4% | 1,202.6% | −643.2% |
| Net margin | −17.9% | −13.5% | −15.2% | −23.2% | −16.6% | −56.9% | −125.0% | 63,867.0% | −1,521.2% | −110.0% |
| Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥89.1M | CN¥87.9M | CN¥67.3M | CN¥55.9M | CN¥55.8M | CN¥100.9M | CN¥67.3M | CN¥51.8M | CN¥48.1M | CN¥83.6M | CN¥59.5M | CN¥36.2M |
| Cost of revenue | CN¥38.9M | CN¥38.3M | CN¥40.9M | CN¥27.6M | CN¥30.4M | CN¥37.3M | CN¥37.3M | CN¥26.1M | CN¥26.2M | CN¥31.2M | CN¥30.2M | CN¥21.9M |
| Gross profit | CN¥50.2M | CN¥49.5M | CN¥26.4M | CN¥28.3M | CN¥25.4M | CN¥63.7M | CN¥30.0M | CN¥25.7M | CN¥21.9M | CN¥52.4M | CN¥29.2M | CN¥14.3M |
| Research & development | CN¥702,609 | CN¥702,609 | CN¥760,913 | CN¥850,299 | CN¥748,000 | CN¥779,087 | CN¥740,049 | CN¥1.2M | CN¥1.0M | CN¥1.7M | CN¥1.2M | CN¥817,931 |
| Sales, general & admin | CN¥24.6M | CN¥24.6M | CN¥29.2M | CN¥41.3M | CN¥24.0M | CN¥46.0M | CN¥46.9M | CN¥45.3M | CN¥42.6M | CN¥41.6M | CN¥35.9M | CN¥34.9M |
| Total operating expenses | CN¥39.3M | CN¥38.9M | CN¥36.9M | CN¥42.1M | CN¥42.2M | CN¥83.9M | CN¥47.6M | CN¥46.5M | CN¥43.6M | CN¥74.5M | CN¥37.1M | CN¥35.7M |
| Operating income | CN¥10.9M | CN¥10.7M | −CN¥10.6M | −CN¥13.7M | −CN¥16.8M | CN¥17.0M | −CN¥17.6M | −CN¥20.8M | −CN¥21.7M | CN¥9.1M | −CN¥7.9M | −CN¥21.4M |
| Interest income | — | — | — | CN¥33,964 | — | — | — | CN¥310,074 | — | — | CN¥241,534 | CN¥240,246 |
| Income before taxes | −CN¥22.6M | −CN¥22.3M | CN¥1.5M | −CN¥13.7M | −CN¥16.7M | CN¥16.7M | −CN¥17.4M | −CN¥20.5M | −CN¥21.3M | CN¥9.4M | −CN¥7.6M | −CN¥21.1M |
| Income taxes | CN¥3.7M | CN¥3.6M | −CN¥907,675 | −CN¥3.0M | −CN¥3.4M | — | −CN¥2.7M | −CN¥3.7M | −CN¥3.4M | — | −CN¥335,902 | −CN¥3.9M |
| Net income | −CN¥26.3M | −CN¥25.9M | CN¥2.4M | −CN¥10.8M | −CN¥13.3M | CN¥13.3M | −CN¥14.7M | −CN¥16.8M | −CN¥17.9M | CN¥8.6M | −CN¥7.3M | −CN¥17.2M |
| EBITDA | −CN¥20.1M | CN¥10.7M | CN¥1.5M | −CN¥13.7M | −CN¥16.7M | CN¥23.4M | −CN¥11.5M | −CN¥15.0M | −CN¥15.8M | — | −CN¥2.0M | −CN¥15.5M |
| Gross margin | 56.4% | 56.4% | 39.2% | 50.6% | 45.5% | 63.1% | 44.6% | 49.6% | 45.5% | 62.6% | 49.2% | 39.5% |
| Operating margin | 12.2% | 12.2% | −15.7% | −24.6% | −30.1% | 16.8% | −26.2% | −40.1% | −45.0% | 10.9% | −13.3% | −59.0% |
| Net margin | −29.5% | −29.5% | 3.5% | −19.3% | −23.9% | 13.1% | −21.8% | −32.4% | −37.3% | 10.2% | −12.2% | −47.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported in AACG's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AACG financial results
In fiscal year 2025 (ended December 31, 2025), ATA Creativity Global reported revenue of CN¥268.1 million, up 0.0% from the year before. It had a net loss of CN¥48.0 million, a net profit margin of −17.9%. Over five years revenue grew at an average rate of 10.6% a year. Figures are in Chinese yuan, the currency of its financial statements.
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AACG income statement FAQ
What is ATA Creativity Global's annual revenue?
ATA Creativity Global reported total revenue of CN¥268.1 million for fiscal year 2025, which ended on December 31, 2025. That was up 0.0% from CN¥268.1 million the previous year.
Is ATA Creativity Global profitable?
No. ATA Creativity Global reported a net loss of CN¥48.0 million in fiscal 2025, a net profit margin of −17.9%; its operating margin was −11.3%.
What is ATA Creativity Global's gross margin?
ATA Creativity Global's gross margin was 48.6% in fiscal 2025: for every $100 of revenue, ATA Creativity Global kept $49 after the direct cost of its products and services.
How much does ATA Creativity Global spend on research and development?
ATA Creativity Global spent CN¥3.0 million on research and development in fiscal 2025, 1.1% of revenue.
How fast is ATA Creativity Global growing?
Revenue grew 10.6% a year on average over the last five fiscal years, from CN¥162.2 million to CN¥268.1 million.
When will ATA Creativity Global report its next earnings?
ATA Creativity Global is expected to report results for the quarter ending September 30, 2026 on November 11, 2026.
When does ATA Creativity Global's fiscal year end?
ATA Creativity Global's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.