NetEase, Inc.
Close on Nov 2, 2026Market cap $73.73BP/E 14.7Yield –
NetEase Youdao — Total cost of revenues (RMB M) by Year
Youdao — Total cost of revenues (RMB M) ($M)
NetEase Youdao — Total cost of revenues (RMB M): $3,292M in 2025, up 14.4% from a year earlier. That is the highest of the 9 years on record here.
Where the 2025 figure comes from
“|| Total cost of revenues | 699,045 | 940,661 | 859,314 | 122,880 | 2,877,428 | 3,292,191”
Source: Youdao (DAO) Form 6-K (Q4 2025 Earnings Release) ↗
Reported in Youdao (DAO) Form 6-K & Form 20-F.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Youdao — Total cost of revenues (RMB M) ($M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 3,292 | +14.4% | Youdao (DAO) Form 6-K (Q4 2025 Earnings Release) ↗ |
| 2024 | Dec 31, 2024 | 2,877 | +9.8% | Youdao (DAO) Form 6-K (Q4 2025 Earnings Release) ↗ |
| 2023 | Dec 31, 2023 | 2,622 | +8.0% | Youdao (DAO) Form 6-K (Q4 2024 Earnings Release) ↗ |
| 2022 | Dec 31, 2022 | 2,427 | +19.7% | Youdao (DAO) Form 6-K (Q4 2023 Earnings Release) ↗ |
| 2021 | Dec 31, 2021 | 2,027 | +42.8% | Youdao (DAO) Form 6-K (Q4 2022 Earnings Release) ↗ |
| 2020 | Dec 31, 2020 | 1,419 | +62.7% | Youdao (DAO) Form 6-K (Q4 2021 Earnings Release) ↗ |
| 2019 | Dec 31, 2019 | 872 | +69.4% | Youdao (DAO) 20-F, filed 2022-04-28 (financial database) ↗ |
| 2018 | Dec 31, 2018 | 515 | +75.3% | Youdao (DAO) 20-F, filed 2020-04-29 (financial database) ↗ |
| 2017 | Dec 31, 2017 | 294 | – | Youdao (DAO) 20-F, filed 2020-04-29 (financial database) ↗ |
Breakdown
What makes up youdao — Total cost of revenues (RMB M)
Cite this data
StockData. (2026). NetEase Youdao — Total cost of revenues (RMB M) ($M), annual 2017–2025 [Data set]. Compiled from NetEase SEC filings and investor materials. https://stockdatahq.com/stocks/ntes/kpis/dao-total-cost
See every metric in the NetEase KPI table. Data updated Nov 2, 2026.