Youdao, Inc. revenue

Youdao, Inc.'s revenue was $822m in fiscal 2025, up 5.2% on the year before. Since fiscal 2017 ($67.5m) it has grown at a compound 36.7% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Youdao, Inc.: revenue history, annual
Fiscal year	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	67	111	175	366	623	747	762	782	822
Growth on the year before	—	+64.3%	+57.7%	+109.4%	+70.0%	+19.9%	+2.0%	+2.7%	+5.2%
Gross profit	24	33	49	161	308	385	391	382	364
Gross margin	35.5%	29.6%	27.7%	43.8%	49.5%	51.6%	51.4%	48.9%	44.3%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Education Services: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Youdao, Inc.	$822m	5.2%	—
Perdoceo Education Corp	$859m	11.7%	5.7%
Universal Technical Institute Inc	$884m	9.1%	17.3%
Afya Ltd	$662m	7.5%	—
Grand Canyon Education, Inc.	$1.14bn	7.0%	7.2%
Lincoln Educational Services Corp	$571m	22.0%	16.7%

Compare with peers

Head to head: DAO vs PRDO DAO vs UTI AFYA vs DAO

More: Education Services stocks compared, Consumer Discretionary sector, rankings of US companies

Figures from Youdao, Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Youdao, Inc.