Youdao, Inc. (DAO) Income Statement
DAO 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsDAO revenue and net income
Where DAO's revenue goes
2025Each bar shows an amount and its share of revenue. DAO kept 1.8% of revenue as net income.
DAO profit margins
DAO growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DAO quarterly EPS vs estimates
Youdao beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: November 19, 2026 (estimate $0.22).
DAO income statement
| 2025 | |
|---|---|
| Revenue | $5.91B |
| Cost of revenue | $3.29B |
| Gross profit | $2.62B |
| Research & development | $514.2M |
| Sales, general & admin | $1.88B |
| Total operating expenses | $2.39B |
| Operating income | $227.8M |
| Interest income | $60.5M |
| Interest expense | $61.3M |
| Income before taxes | $113.6M |
| Income taxes | $16.6M |
| Net income | $107.3M |
| EBITDA | $200.0M |
| EPS (diluted) | $0.34 |
| Gross margin | 44.3% |
| Operating margin | 3.9% |
| Net margin | 1.8% |
| Dec '25 | |
|---|---|
| Revenue | $1.56B |
| Cost of revenue | $859.3M |
| Gross profit | $705.4M |
| Research & development | $142.6M |
| Sales, general & admin | $502.5M |
| Total operating expenses | $638.7M |
| Operating income | $66.7M |
| Interest income | $14.1M |
| Interest expense | $14.7M |
| Income before taxes | $35.4M |
| Income taxes | −$510,000 |
| Net income | $48.2M |
| EBITDA | $50.4M |
| EPS (diluted) | $0.40 |
| Gross margin | 45.1% |
| Operating margin | 4.3% |
| Net margin | 3.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DAO's financial statements (latest annual report filed April 15, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DAO financial results
In fiscal year 2025 (ended December 31, 2025), Youdao reported revenue of $5.9 billion. It had net income of $107.3 million, a net profit margin of 1.8%. Diluted earnings per share came to $0.34.
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DAO income statement FAQ
What is Youdao's annual revenue?
Youdao reported total revenue of $5.9 billion for fiscal year 2025, which ended on December 31, 2025.
Is Youdao profitable?
Yes. Youdao reported net income of $107.3 million in fiscal 2025, a net profit margin of 1.8%; its operating margin was 3.9%.
What is Youdao's gross margin?
Youdao's gross margin was 44.3% in fiscal 2025: for every $100 of revenue, Youdao kept $44 after the direct cost of its products and services.
How much does Youdao spend on research and development?
Youdao spent $514.2 million on research and development in fiscal 2025, 8.7% of revenue.
What are Youdao's earnings per share?
Youdao earned $0.34 per diluted share in fiscal 2025.
When will Youdao report its next earnings?
Youdao is expected to report results for the quarter ending September 30, 2026 on November 19, 2026 before the market opens.
When does Youdao's fiscal year end?
Youdao's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 15, 2026.