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Youdao, Inc. (DAO): Cost of Revenue

Annual figures by period end, from SEC filings.

Restated years: each year's figure is from the latest filing that reports it. The company later restated the year ended 2019-12-31 (for example after a spin-off or a discontinued operation), while the year before it was last reported on the old basis. Changes across those points are marked n/c (not comparable), and growth rates are not computed across them.

3.29B CNY
Year ended 2025-12-31
+10.7%
3-year compound annual growth
+18.3%
5-year compound annual growth
2017-12-31: 293.81M CNY2018-12-31: 515.13M CNY2019-12-31: 872.37M CNY2020-12-31: 1.42B CNY2021-12-31: 2.03B CNY2022-12-31: 2.43B CNY2023-12-31: 2.62B CNY2024-12-31: 2.88B CNY2025-12-31: 3.29B CNY3.29B CNY
2017-12-31 Cost of Revenue (CNY) 2025-12-31
Period endedCost of RevenueChange YoYSource filing
2025-12-313.29B CNY+14.4%2026-04-15, From 2025-01-01
2024-12-312.88B CNY+9.8%2026-04-15, From 2024-01-01
2023-12-312.62B CNY+8.0%2026-04-15, From 2023-01-01
2022-12-312.43B CNY+19.7%2025-04-15, From 2022-01-01
2021-12-312.03B CNY+42.8%2024-04-25, From 2021-01-01
2020-12-311.42B CNY+62.7%2023-04-27, From 2020-01-01
2019-12-31872.37M CNYn/c2022-04-28, From 2019-01-01
2018-12-31515.13M CNY+75.3%2021-04-28, From 2018-01-01
2017-12-31293.81M CNYn/a2020-04-29, From 2017-01-01

Cost of Revenue at similar companies

Companies with the same SEC industry code (Services-Educational Services), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedCost of RevenueChange YoY
Youdao, Inc. (DAO)2025-12-313.29B CNY+14.4%
Gaotu Techedu Inc. (GOTU)2025-12-312.00B CNY+37.6%
Sunlands Technology Group (STG)2025-12-31264.42M CNY-16.7%
Youlife Group Inc. (YOUL)2025-12-311.66B CNY+22.5%
iHuman Inc. (IH)2025-12-31259.41M CNY-8.0%
Jinxin Technology Holding Co (NAMI)2025-12-31367.47M CNY+27.0%
ATA Creativity Global (AACG)2025-12-31137.80M CNY+8.7%
Four Seasons Education (Cayman) Inc. (FEDU)2026-02-28188.79M CNY-7.4%
17 Education & Technology Group Inc. (YQ)2025-12-3155.40M CNY-53.8%

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