Gaotu Techedu Inc. (GOTU) Income Statement
GOTU 2025 at a glance
Fiscal year ended December 31, 2025 · Chinese yuanGOTU revenue and net income
Where GOTU's revenue goes
2025Each bar shows an amount and its share of revenue. GOTU kept −5.3% of revenue as net income.
GOTU profit margins
GOTU growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +35.0% | +35.0% | −2.9% | — |
| Gross profit | +33.8% | +32.1% | −5.0% | — |
| 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.
GOTU income statement in Chinese yuan
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥6.15B | CN¥4.55B | CN¥2.96B | CN¥2.50B | CN¥6.56B | CN¥7.12B | CN¥2.11B | CN¥397.3M | CN¥97.6M |
| Cost of revenue | CN¥2.00B | CN¥1.45B | CN¥790.2M | CN¥701.0M | CN¥2.40B | CN¥1.76B | CN¥535.9M | CN¥142.8M | CN¥25.0M |
| Gross profit | CN¥4.15B | CN¥3.10B | CN¥2.17B | CN¥1.80B | CN¥4.16B | CN¥5.36B | CN¥1.58B | CN¥254.6M | CN¥72.6M |
| Research & development | CN¥626.9M | CN¥648.1M | CN¥462.0M | CN¥445.1M | CN¥1.25B | CN¥734.5M | CN¥212.2M | CN¥74.0M | CN¥52.5M |
| Sales, general & admin | CN¥4.02B | CN¥3.63B | CN¥1.86B | CN¥1.47B | CN¥5.85B | CN¥6.38B | CN¥1.15B | CN¥161.3M | CN¥112.5M |
| Total operating expenses | CN¥4.65B | CN¥4.28B | CN¥2.32B | CN¥1.92B | CN¥7.34B | CN¥7.12B | CN¥1.36B | CN¥235.4M | CN¥165.0M |
| Operating income | −CN¥503.2M | −CN¥1.18B | −CN¥149.0M | −CN¥118.1M | −CN¥3.18B | −CN¥1.76B | CN¥215.7M | CN¥19.2M | −CN¥92.4M |
| Interest income | CN¥39.9M | CN¥70.4M | CN¥64.8M | CN¥21.4M | CN¥31.5M | CN¥3.4M | CN¥8.9M | CN¥2.2M | CN¥189,000 |
| Interest expense | — | — | — | CN¥21.4M | CN¥300.6M | CN¥455.1M | CN¥51.3M | CN¥0 | CN¥0 |
| Income before taxes | −CN¥327.4M | −CN¥1.04B | CN¥3.4M | −CN¥2.5M | −CN¥3.06B | −CN¥1.43B | CN¥243.6M | CN¥22.3M | −CN¥91.6M |
| Income taxes | −CN¥4.1M | CN¥8.6M | CN¥10.7M | −CN¥15.7M | CN¥40.9M | −CN¥34.6M | CN¥17.0M | CN¥2.6M | −CN¥4.6M |
| Net income | −CN¥323.3M | −CN¥1.05B | −CN¥7.3M | CN¥13.2M | −CN¥3.10B | −CN¥1.39B | CN¥226.6M | CN¥19.6M | −CN¥87.0M |
| EBITDA | −CN¥214.6M | −CN¥975.4M | CN¥57.6M | CN¥68.2M | −CN¥2.83B | −CN¥1.70B | CN¥227.8M | CN¥23.4M | −CN¥87.5M |
| Gross margin | 67.4% | 68.0% | 73.3% | 71.9% | 63.5% | 75.3% | 74.7% | 64.1% | 74.4% |
| Operating margin | −8.2% | −26.0% | −5.0% | −4.7% | −48.5% | −24.6% | 10.2% | 4.8% | −94.7% |
| Net margin | −5.3% | −23.0% | −0.2% | 0.5% | −47.3% | −19.6% | 10.7% | 4.9% | −89.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.67B | CN¥1.68B | CN¥1.66B | CN¥1.58B | CN¥1.39B | CN¥1.49B | CN¥1.39B | CN¥1.21B | CN¥1.01B | CN¥946.9M | CN¥761.0M | CN¥789.4M |
| Cost of revenue | CN¥557.6M | CN¥511.7M | CN¥533.4M | CN¥535.5M | CN¥472.8M | CN¥452.5M | CN¥440.3M | CN¥429.8M | CN¥313.4M | CN¥271.4M | CN¥227.7M | CN¥218.1M |
| Gross profit | CN¥1.11B | CN¥1.17B | CN¥1.13B | CN¥1.04B | CN¥916.5M | CN¥1.04B | CN¥948.3M | CN¥778.5M | CN¥696.4M | CN¥675.5M | CN¥533.3M | CN¥571.3M |
| Research & development | CN¥154.4M | CN¥158.0M | CN¥163.1M | CN¥162.9M | CN¥148.2M | CN¥150.5M | CN¥145.1M | CN¥189.3M | CN¥162.1M | CN¥151.6M | CN¥136.0M | CN¥130.6M |
| Sales, general & admin | CN¥1.11B | CN¥1.01B | CN¥1.10B | CN¥1.06B | CN¥1.01B | CN¥855.4M | CN¥952.6M | CN¥1.08B | CN¥999.0M | CN¥601.6M | CN¥585.2M | CN¥540.2M |
| Total operating expenses | CN¥1.26B | CN¥1.16B | CN¥1.25B | CN¥1.22B | CN¥1.16B | CN¥1.01B | CN¥1.10B | CN¥1.27B | CN¥1.16B | CN¥753.2M | CN¥721.2M | CN¥670.8M |
| Operating income | −CN¥149.4M | CN¥6.8M | −CN¥116.4M | −CN¥178.0M | −CN¥241.9M | CN¥34.8M | −CN¥149.3M | −CN¥490.1M | −CN¥464.8M | −CN¥77.7M | −CN¥187.9M | −CN¥99.5M |
| Interest income | CN¥3.7M | CN¥9.0M | CN¥8.4M | CN¥8.6M | CN¥9.9M | CN¥13.0M | CN¥14.8M | CN¥15.7M | CN¥21.3M | CN¥18.7M | CN¥18.6M | CN¥24.2M |
| Income before taxes | −CN¥136.5M | CN¥33.2M | −CN¥84.1M | −CN¥148.5M | −CN¥217.1M | CN¥123.4M | −CN¥135.9M | −CN¥464.5M | −CN¥431.2M | −CN¥8.8M | −CN¥131.3M | −CN¥57.0M |
| Income taxes | −CN¥1.0M | −CN¥1.1M | −CN¥1.0M | −CN¥1.4M | −CN¥1.1M | −CN¥559,000 | CN¥42,000 | CN¥6.8M | −CN¥1.6M | CN¥3.5M | −CN¥11.6M | CN¥656,000 |
| Net income | −CN¥135.5M | CN¥34.3M | −CN¥83.0M | −CN¥147.1M | −CN¥216.0M | CN¥124.0M | −CN¥135.8M | −CN¥471.3M | −CN¥429.6M | −CN¥12.3M | −CN¥119.6M | −CN¥57.7M |
| EBITDA | −CN¥149.4M | CN¥33.2M | −CN¥116.4M | −CN¥148.5M | −CN¥217.1M | CN¥123.4M | −CN¥135.7M | −CN¥464.5M | −CN¥431.2M | −CN¥8.8M | −CN¥174.4M | −CN¥57.0M |
| Gross margin | 66.5% | 69.5% | 67.9% | 66.1% | 66.0% | 69.7% | 68.3% | 64.4% | 69.0% | 71.3% | 70.1% | 72.4% |
| Operating margin | −9.0% | 0.4% | −7.0% | −11.3% | −17.4% | 2.3% | −10.7% | −40.6% | −46.0% | −8.2% | −24.7% | −12.6% |
| Net margin | −8.1% | 2.0% | −5.0% | −9.3% | −15.5% | 8.3% | −9.8% | −39.0% | −42.5% | −1.3% | −15.7% | −7.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported in GOTU's financial statements (latest annual report filed April 22, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GOTU financial results
In fiscal year 2025 (ended December 31, 2025), Gaotu Techedu reported revenue of CN¥6.1 billion, up 35.0% from the year before. It had a net loss of CN¥323.3 million, a net profit margin of −5.3%. Over five years revenue grew at an average rate of −2.9% a year. Figures are in Chinese yuan, the currency of its financial statements.
See the GOTU stock overview for the latest quote and news, or the GOTU chart for price history and technical indicators.
GOTU income statement FAQ
What is Gaotu Techedu's annual revenue?
Gaotu Techedu reported total revenue of CN¥6.1 billion for fiscal year 2025, which ended on December 31, 2025. That was up 35.0% from CN¥4.6 billion the previous year.
Is Gaotu Techedu profitable?
No. Gaotu Techedu reported a net loss of CN¥323.3 million in fiscal 2025, a net profit margin of −5.3%; its operating margin was −8.2%.
What is Gaotu Techedu's gross margin?
Gaotu Techedu's gross margin was 67.4% in fiscal 2025: for every $100 of revenue, Gaotu Techedu kept $67 after the direct cost of its products and services.
How much does Gaotu Techedu spend on research and development?
Gaotu Techedu spent CN¥626.9 million on research and development in fiscal 2025, 10.2% of revenue.
How fast is Gaotu Techedu growing?
Revenue grew −2.9% a year on average over the last five fiscal years, from CN¥7.1 billion to CN¥6.1 billion.
When will Gaotu Techedu report its next earnings?
Gaotu Techedu is expected to report results for the quarter ending September 30, 2026 on November 25, 2026.
When does Gaotu Techedu's fiscal year end?
Gaotu Techedu's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 22, 2026.