Youdao (DAO) Common Equity (2018 - 2026)

Youdao (DAO) posted quarterly Common Equity of -$280.7 million for Q1 2026, up 0.84% year-over-year from -$278.3 million in Q1 2025, and down 0.84% quarter-over-quarter from -$278.3 million in Q4 2025.

Youdao (DAO) Common Equity (2018 - 2026) Analysis & Trends

Youdao (DAO) has reported Common Equity for 9 consecutive years, with -$280.7 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Common Equity rose 0.84% year-over-year to -$280.7 million; the TTM figure through Mar 2026 stood at -$280.7 million (up 0.84% YoY), while the FY2025 annual figure was -$276.6 million, up 3.38% from the prior year.
  • Common Equity eased to -$280.7 million in Q1 2026 per DAO's latest filing, from -$278.3 million in the prior quarter.
  • Across five years, Common Equity topped out at -$140.0 million in Q1 2022 and bottomed at -$320.5 million in Q2 2024.
  • Historically, Common Equity has averaged -$269.1 million across 5 years, with a median of -$286.1 million in 2025.
  • Annual changes were most pronounced in 2022 — Common Equity sank 377.32% — and 2025, when it gained 10.31%.
  • Youdao's Common Equity stood at -$216.8 million in 2022, then slumped by 38.83% to -$301.0 million in 2023, then advanced by 3.36% to -$290.9 million in 2024, then increased by 4.31% to -$278.3 million in 2025, then declined by 0.84% to -$280.7 million in 2026.
  • Business Quant data shows DAO's Common Equity at -$280.7 million in Q1 2026, -$278.3 million in Q4 2025, and -$286.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 New Oriental Education & Technology 84.71 Bn 82.71 Bn 812.22 Mn 4.32 Bn
2 51Talk Online Education 7.32 Bn 7.28 Bn 22.97 Mn -33.58 Mn
3 Laureate Education 5.21 Bn 5.05 Bn 237.67 Mn 1.14 Bn
4 Graham Holdings 4.98 Bn 3.74 Bn 777.03 Mn 4.80 Bn
5 Covista 4.66 Bn 4.66 Bn 284.63 Mn 1.45 Bn
6 Grand Canyon Education 3.78 Bn 3.50 Bn 204.08 Mn 669.51 Mn
7 Stride 3.50 Bn 2.55 Bn 217.28 Mn 1.63 Bn
8 McGraw Hill 2.38 Bn 2.13 Bn 388.89 Mn 726.22 Mn
9 TAL Education 2.28 Bn -401.26 Mn 227.32 Mn -
10 Youdao 2.08 Bn 2.00 Bn 87.31 Mn -280.65 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -280.65 Mn
Dec 31, 2025 -278.33 Mn
Sep 30, 2025 -286.07 Mn
Jun 30, 2025 -287.43 Mn
Mar 31, 2025 -283.03 Mn
Dec 31, 2024 -290.87 Mn
Sep 30, 2024 -318.06 Mn
Jun 30, 2024 -320.49 Mn
Mar 31, 2024 -305.57 Mn
Dec 31, 2023 -300.98 Mn
Sep 30, 2023 -304.61 Mn
Jun 30, 2023 -289.10 Mn
Mar 31, 2023 -255.66 Mn
Dec 31, 2022 -216.79 Mn
Sep 30, 2022 -216.24 Mn
Jun 30, 2022 -200.79 Mn
Mar 31, 2022 -139.95 Mn
Dec 31, 2021 -126.53 Mn
Sep 30, 2021 -126.87 Mn
Jun 30, 2021 -110.37 Mn