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| Date | Value |
|---|---|
| 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 |