DAONYSEServices-Educational ServicesFiscal year ends December 31
Youdao, Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 15, 2026
$18.75+0.59 (+3.25%)
Close on Oct 19, 2026
Youdao, Inc. revenue by segment
By business segment
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Learning services [Member] | CN¥2.63B | CN¥2.75B | CN¥3.15B | CN¥3.08B | CN¥2.44B | CN¥1.51B | CN¥602.35M | CN¥398.19M | CN¥143.24M | 44.5% | -4.2% |
| Online marketing services [Member] | CN¥2.54B | CN¥1.97B | CN¥1.33B | CN¥672.36M | CN¥593.95M | CN¥472.88M | CN¥453.01M | CN¥302.88M | CN¥305.83M | 43.0% | +28.5% |
| Tutoring services [Member] | CN¥2.09B | CN¥2.38B | CN¥2.91B | CN¥2.89B | CN¥2.27B | CN¥1.37B | CN¥510.10M | – | – | 35.3% | -12.5% |
| Smart devices [Member] | CN¥739.64M | CN¥903.67M | CN¥909.19M | CN¥1.26B | CN¥980.42M | CN¥539.96M | CN¥152.04M | – | – | 12.5% | -18.2% |
| Fee-based premium services [Member] | CN¥544.30M | CN¥362.63M | CN¥234.05M | CN¥198.25M | CN¥170.39M | CN¥144.95M | CN¥92.26M | CN¥68.76M | CN¥28.24M | 9.2% | +50.1% |
| Learning services and products [Member] | – | – | – | – | – | – | CN¥851.87M | CN¥428.72M | CN¥149.92M | – | – |
| Learning products [Member] | – | – | – | – | – | CN¥539.96M | CN¥152.04M | CN¥30.53M | CN¥6.67M | – | – |
| Online courses services [Member] | – | – | – | – | – | CN¥2.01B | CN¥607.57M | CN¥329.42M | CN¥115.00M | – | – |
By region
From the segment and revenue-disaggregation notes of Youdao's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.