Youdao, Inc.

Youdao, Inc.

DAO
Youdao, Inc.US flagNew York Stock Exchange
14.79
USD
-0.81
- -
1.75BMarket Cap
Youdao, Inc.
DAO
(New York Stock Exchange)

Recent

price

14.79

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.61
7.4
10.8
22.39
33.01
40.56
44.4
47.91
50.04
50.65
Revenue per Share
-1.35
-2.11
-5.38
-15.53
-8.18
-5.88
-4.53
0.7
0.91
1.36
Basic EPS, GAAP
-0.99
-1.16
-3.49
-3.12
-11.59
-5.44
-3.76
-0.68
0.25
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-6.38
-10.2
2.68
-12.04
-6.41
-12.51
-18.36
-18.21
-16.64
-15.29
Book Value per Share
-6.38
-10.2
2.68
-12.1
-7.28
-13.4
-19.29
-19.14
-17.57
-16.2
Tangible Book Value per Share
99
99
112
113
122
124
121
117
118
119
Basic Weighted Avg Shares
456
732
1,207
2,527
4,016
5,013
5,389
5,626
5,909
6,008
Sales/Revenue/Turnover
-28.53
-28.54
-36.59
-30.51
-21.16
-13.71
-8.04
2.86
3.86
4.39
Operating Margin (%)
3
6
11
15
30
42
30
29
23
- -
Depreciation Expense
-134
-209
-602
-1,753
-996
-727
-550
82
107
161
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
7.4
14.6
10.3
Effective Tax Rate (%)
-29.31
-28.56
-49.82
-69.37
-24.79
-14.5
-10.2
1.46
1.82
2.68
Profit Margin (%)
-975
-705
271
-1,542
-764
-1,309
-1,799
-1,460
-1,212
-1,205
Working Capital
- -
- -
21
80
328
566
680
939
945
834
LT Debt
-958
-1,141
301
-1,407
-730
-1,477
-2,129
-2,089
-1,934
-1,807
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
-40.9
-106.19
-152.55
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
900
878
878
LT Borrowings
927
815
807
LT Finance Leases
19
21
27
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
119
121
121
Market Capitalization
8,364
8,182
10,082

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,723
1,420
1,694
Cash, Cash Equivalents & STI
738
510
844
Accounts Receivable, Net
381
326
332
Inventories
141
117
114
Total Current Liabilities
2,935
2,714
2,900
Payables & Accruals
1,187
1,169
1,187
ST Debt
900
878
878
Deferred Revenue
848
667
835

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
17.8%
-7.43%
Free Cash Flow
- -
-0.77%
-137.13%
Net Income, GAAP
- -
-35.78%
30.57%
Sales/Revenue/Turnover
- -
20.14%
5.03%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,392
1,322
1,573
1,340
5,626
2025
1,298
1,418
1,629
1,565
5,909
2026
1,348
1,467
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
-0.85
0.74
0.71
0.7
2025
0.65
-0.15
- -
0.41
0.91
2026
0.33
0.62
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Youdao, Inc. (DAO) is a leading intelligent learning technology company that provides a comprehensive range of online education services, learning content, applications, and solutions targeting users across various age groups in China. The company operates through three primary segments: Learning Services, offering fee-based premium tutoring, STEAM courses via Youdao Premium Courses, adult and vocational training through NetEase Cloud Classroom including foreign language, postgraduate exam preparation, and digital skills programs, as well as China University MOOC courses; Smart Devices, encompassing hardware products such as Youdao Dictionary Pen, Youdao Listening Pod, Youdao Smart Learning Pad, pocket translators, and education digitalization solutions like Youdao Smart Learning Terminal, Youdao Sports, and Youdao Smart Cloud; and Online Marketing Services, delivering performance-based and brand advertising solutions. Founded in 2006 and headquartered in Hangzhou, China, Youdao functions as a subsidiary of NetEase, Inc., with all operations concentrated in the People's Republic of China. Recent developments include strengthened partnerships with Google and TikTok driving triple-digit growth in overseas advertising revenues, deepened collaboration with NetEase Games yielding over 50% year-over-year increases in gaming ad revenues through programmatic and influencer campaigns, the launch of the Confucius 3 AI translation model supporting real-time bidirectional translation in 38 languages with multi-modal capabilities, record sales of approximately RMB 100 million in AI-driven subscription services representing over 40% year-over-year growth, and the planned release of AI ad placement optimizer version 2 by year-end 2025.

Company News

  • Youdao, Inc. (DAO) Q2 2026 Earnings Call Transcript

  • Youdao Q2 Earnings Call Highlights

  • Youdao Reports Second Quarter 2026 Unaudited Financial Results

  • NetEase Announces Second Quarter and Interim 2026 Unaudited Financial Results

  • NetEase Announces Second Quarter and Interim 2026 Unaudited Financial Results

  • NetEase to Report Second Quarter 2026 Financial Results on August 20

  • Youdao to Report Second Quarter 2026 Financial Results on August 20

  • Youdao (NYSE:DAO) Reaches New 52-Week High – Should You Buy?

  • Youdao Inc (DAO) Shares Surge 3.1% -- What GF Score of 67 Tells Investors

  • TRON DAO Participates in ETHConf and Hosts TRON Academy Powered by niTROn at ETHGlobal New York 2026

  • Youdao, Inc. (DAO) Q1 2026 Earnings Call Transcript

  • Youdao Q1 Earnings Call Highlights

  • Youdao Reports First Quarter 2026 Unaudited Financial Results

  • NetEase Announces First Quarter 2026 Unaudited Financial Results

  • Youdao Reports First Quarter 2026 Unaudited Financial Results

  • LINKAGE GLOBAL TO CHANGE NASDAQ TICKER SYMBOL TO “UZX” FOLLOWING TRANSACTION WITH UZX DAO FOUNDATION

  • Youdao to Report First Quarter 2026 Financial Results on May 21

  • NetEase to Report First Quarter 2026 Financial Results on May 21

  • Youdao Inc (DAO) Shares Fall 8.4% -- GF Value Says Still Overvalued

  • Youdao Filed 2025 Annual Report on Form 20-F