Youdao (DAO) Cost of Revenue (2018 - 2026)

Youdao (DAO) reported Cost of Revenue of $55.4 million for Q1 2026, up 12.42% year-over-year from $49.3 million in Q1 2025, and down 11.37% quarter-over-quarter from $62.5 million in Q4 2025.

Youdao (DAO) Cost of Revenue (2018 - 2026) Analysis & Trends

Youdao (DAO) has 9 years of Cost of Revenue data on file, last reported at $55.4 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $55.4 million, up 12.42% year-over-year; the trailing twelve-month figure through Mar 2026 was $306.1 million (up 24.15% YoY), and the FY2025 annual result was $470.8 million, up 83.51% from the prior year.
  • Cost of Revenue retreated to $55.4 million in Q1 2026 per DAO's latest filing, from $62.5 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $132.1 million in Q3 2025 and troughed at $49.3 million in Q1 2025.
  • A 5-year average of $75.1 million and a median of $74.0 million in 2024 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2025: Cost of Revenue slumped 40.97% in 2022, then jumped 78.45% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $74.8 million in 2022, then dropped by 16.89% to $62.2 million in 2023, then decreased by 15.86% to $52.3 million in 2024, then advanced by 19.51% to $62.5 million in 2025, then declined by 11.37% to $55.4 million in 2026.
  • Business Quant data shows DAO's Cost of Revenue at $55.4 million in Q1 2026, $62.5 million in Q4 2025, and $132.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 51Talk Online Education 8.11 Bn 8.07 Bn 22.18 Mn 20.41 Mn
2 Laureate Education 5.19 Bn 5.03 Bn -16.39 Mn 289.01 Mn
3 Graham Holdings 4.99 Bn 3.98 Bn 841.00 Mn 394.99 Mn
4 Covista 4.44 Bn 4.44 Bn 276.31 Mn 210.72 Mn
5 Stride 4.28 Bn 3.47 Bn 231.57 Mn 398.31 Mn
6 Grand Canyon Education 4.03 Bn 3.78 Bn 244.77 Mn 63.99 Mn
7 Perdoceo Education 2.20 Bn 1.52 Bn 174.68 Mn 47.07 Mn
8 Universal Technical Institute 2.17 Bn 2.01 Bn 103.97 Mn 117.43 Mn
9 Strategic Education 1.76 Bn 1.61 Bn - -
10 Youdao 164.33 Mn 65.90 Mn 87.31 Mn 55.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 55.41 Mn
Mar 31, 2026 55.41 Mn
Dec 31, 2025 62.51 Mn
Dec 31, 2025 62.51 Mn
Sep 30, 2025 132.13 Mn
Sep 30, 2025 132.13 Mn
Jun 30, 2025 56.09 Mn
Jun 30, 2025 56.09 Mn
Mar 31, 2025 49.28 Mn
Mar 31, 2025 49.28 Mn
Dec 31, 2024 52.31 Mn
Dec 31, 2024 52.31 Mn
Sep 30, 2024 74.05 Mn
Sep 30, 2024 74.05 Mn
Jun 30, 2024 70.97 Mn
Jun 30, 2024 70.97 Mn
Mar 31, 2024 63.08 Mn
Mar 31, 2024 63.08 Mn
Dec 31, 2023 62.17 Mn
Dec 31, 2023 62.17 Mn