Youdao (DAO) Debt to Equity (2018 - 2026)

Youdao (DAO) reported Debt to Equity of -$0.43 for Q1 2026, up 7.79% year-over-year from -$0.4 in Q1 2025, and up 54.26% quarter-over-quarter from -$0.93 in Q4 2025.

Youdao (DAO) Debt to Equity (2018 - 2026) Analysis & Trends

Youdao (DAO) has 9 years of Debt to Equity data on file, last reported at -$0.43 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at -$0.43, up 7.79% year-over-year; the trailing twelve-month figure through Mar 2026 was -$0.43 (up 7.79% YoY), and the FY2025 annual result was -$0.92, down 39.89% from the prior year.
  • Debt to Equity grew to -$0.43 in Q1 2026 per DAO's latest filing, from -$0.93 in the prior quarter.
  • Over five years, Debt to Equity peaked at -$0.27 in Q3 2023 and troughed at -$0.93 in Q4 2025.
  • A 5-year average of -$0.52 and a median of -$0.43 in 2026 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2022 and 2024: Debt to Equity jumped 35.15% in 2022, then slumped 45.72% in 2024.
  • A 5-year view of Debt to Equity shows it stood at -$0.91 in 2022, then grew by 23.36% to -$0.7 in 2023, then retreated by 23.16% to -$0.86 in 2024, then fell by 8.84% to -$0.93 in 2025, then surged by 54.26% to -$0.43 in 2026.
  • Business Quant data shows DAO's Debt to Equity at -$0.43 in Q1 2026, -$0.93 in Q4 2025, and -$0.47 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 51Talk Online Education 7.64 Bn 7.60 Bn 22.18 Mn -0.11
2 Graham Holdings 4.92 Bn 3.91 Bn 841.00 Mn 0.17
3 Laureate Education 4.86 Bn 4.70 Bn -16.39 Mn 0.21
4 Covista 4.36 Bn 4.35 Bn 276.31 Mn 0.37
5 Stride 4.16 Bn 3.36 Bn 231.57 Mn 0.25
6 Grand Canyon Education 3.97 Bn 3.72 Bn 244.77 Mn -
7 Universal Technical Institute 2.35 Bn 2.19 Bn 103.97 Mn 0.38
8 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn -
9 Strategic Education 1.76 Bn 1.60 Bn - -
10 Youdao 164.33 Mn 65.90 Mn 87.31 Mn -0.43

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.43
Dec 31, 2025 -0.93
Sep 30, 2025 -0.47
Jun 30, 2025 -0.46
Mar 31, 2025 -0.46
Dec 31, 2024 -0.86
Sep 30, 2024 -0.40
Jun 30, 2024 -0.39
Mar 31, 2024 -0.40
Dec 31, 2023 -0.70
Sep 30, 2023 -0.27
Dec 31, 2022 -0.91
Sep 30, 2022 -0.32
Jun 30, 2022 -0.35
Mar 31, 2022 -0.39
Dec 31, 2021 -1.40
Dec 31, 2020 -0.62
Dec 31, 2019 0.16
Dec 31, 2018 -0.03