Youdao (DAO) Gross Margin (2018 - 2026)
Youdao's Gross Margin was 48.87% in Q2 2026, up 5.88 percentage points from 42.99% a year earlier and up 4.19 percentage points from the prior quarter.
Youdao (DAO) Gross Margin (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Youdao's Gross Margin was 45.19% through Jun 30, 2026, down 1.98 percentage points year-over-year; for FY2025, it came in at 44.29%, down 376497.71 percentage points from FY2024.
- Gross Margin shows a five-year change of +0.49 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 376542.00% in FY2024 (-13247.00 pp), 389789.00% in FY2023 (+389737.41 pp), 51.59% in FY2022 (-312040.41 pp) and 312092.00% in FY2021 (+312048.20 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q3 2024.
- Compared with a year earlier, Gross Margin was higher in 1 of the last eight quarters, with an average year-over-year change of -2.75 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2022 (a gain of 10.82 percentage points); the worst was Q2 2022 (a drop of 9.47 percentage points).
- Per Business Quant data, DAO's Gross Margin in the three quarters before Q2 2026 was 44.68% (Q1 2026), 45.08% (Q4 2025) and 42.24% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 75.00% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 77.21% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 27.04% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 81.74% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 69.43% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 72.62% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 56.53% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 78.70% |
| 10 | Youdao | 3.56 Bn | 3.18 Bn | 105.66 Mn | 48.87% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.87% |
| Mar 31, 2026 | 44.68% |
| Dec 31, 2025 | 45.08% |
| Sep 30, 2025 | 42.24% |
| Jun 30, 2025 | 42.99% |
| Mar 31, 2025 | 47.31% |
| Dec 31, 2024 | 47.82% |
| Sep 30, 2024 | 50.20% |
| Jun 30, 2024 | 48.18% |
| Mar 31, 2024 | 48.96% |
| Dec 31, 2023 | 49.90% |
| Sep 30, 2023 | 55.86% |
| Jun 30, 2023 | 47.00% |
| Mar 31, 2023 | 51.74% |
| Dec 31, 2022 | 53.28% |
| Sep 30, 2022 | 54.20% |
| Jun 30, 2022 | 42.85% |
| Mar 31, 2022 | 53.46% |
| Dec 31, 2021 | 42.46% |
| Sep 30, 2021 | 56.62% |
Youdao Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=DAO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "DAO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=DAO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();