Youdao (DAO) EBT Margin (2018 - 2026)
Youdao (DAO) posted quarterly EBT Margin of 3.58% for Q1 2026, down 316.0% year-over-year from 1.66% in Q1 2025, and up 58.21% quarter-over-quarter from 2.27% in Q4 2025.
Analysis
Youdao (DAO) EBT Margin (2018 - 2026) Analysis & Trends
Youdao (DAO) has reported EBT Margin for 9 consecutive years, with 3.58% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT Margin fell 316.0% year-over-year to 3.58%; the TTM figure through Mar 2026 stood at 1.27% (down 156.0% YoY), while the FY2025 annual figure was 1.92%, up 48.0% from the prior year.
- EBT Margin rose to 3.58% in Q1 2026 per DAO's latest filing, from 2.27% in the prior quarter.
- Across five years, EBT Margin topped out at 6.74% in Q1 2025 and bottomed at 48.1% in Q2 2022.
- Historically, EBT Margin has averaged 5.64% across 5 years, with a median of 0.43% in 2025.
- Annual changes were most pronounced in 2022 — EBT Margin surged 2417 bps — and 2023, when it plunged 948 bps.
- Youdao's EBT Margin stood at 1.16% in 2022, then surged by 229 bps to 3.82% in 2023, then jumped by 37 bps to 5.22% in 2024, then slumped by 57 bps to 2.27% in 2025, then surged by 58 bps to 3.58% in 2026.
- Business Quant data shows DAO's EBT Margin at 3.58% in Q1 2026, 2.27% in Q4 2025, and 0.43% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 94.40 Bn | 91.66 Bn | 812.22 Mn | 5.61% |
| 2 | Laureate Education | 5.12 Bn | 4.96 Bn | 237.67 Mn | 35.52% |
| 3 | Graham Holdings | 4.82 Bn | 3.57 Bn | 777.03 Mn | 24.37% |
| 4 | Covista | 4.55 Bn | 4.14 Bn | 284.63 Mn | 17.63% |
| 5 | Grand Canyon Education | 3.99 Bn | 3.71 Bn | 204.08 Mn | 23.05% |
| 6 | Stride | 3.68 Bn | 2.72 Bn | 217.28 Mn | 16.40% |
| 7 | McGraw Hill | 2.52 Bn | 2.32 Bn | 439.20 Mn | 12.46% |
| 8 | Perdoceo Education | 2.08 Bn | 778.27 Mn | 162.46 Mn | 28.22% |
| 9 | TAL Education | 1.94 Bn | -740.46 Mn | 227.32 Mn | 2.10% |
| 10 | Youdao | 1.82 Bn | 1.69 Bn | 105.66 Mn | 6.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.07% |
| Mar 31, 2026 | 3.58% |
| Dec 31, 2025 | 2.27% |
| Sep 30, 2025 | 0.43% |
| Jun 30, 2025 | -1.15% |
| Mar 31, 2025 | 6.74% |
| Dec 31, 2024 | 5.22% |
| Sep 30, 2024 | 5.80% |
| Jun 30, 2024 | -7.06% |
| Mar 31, 2024 | 0.97% |
| Dec 31, 2023 | 3.82% |
| Sep 30, 2023 | -6.13% |
| Jun 30, 2023 | -24.72% |
| Mar 31, 2023 | -17.44% |
| Dec 31, 2022 | 1.16% |
| Sep 30, 2022 | -13.35% |
| Jun 30, 2022 | -48.10% |
| Mar 31, 2022 | -7.96% |
| Dec 31, 2021 | -23.01% |
| Sep 30, 2021 | -9.41% |