Growth Metrics

Youdao (DAO) Gross Margin (2018 - 2025)

Youdao has reported Gross Margin over the past 8 years, most recently at 45.08% for Q4 2025.

  • Quarterly Gross Margin fell 274.0% to 45.08% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 44.28% through Dec 2025, down 459.0% year-over-year, with the annual reading at 44.29% for FY2025, 457.0% down from the prior year.
  • Gross Margin was 45.08% for Q4 2025 at Youdao, up from 42.24% in the prior quarter.
  • Over five years, Gross Margin peaked at 57.28% in Q1 2021 and troughed at 42.24% in Q3 2025.
  • The 5-year median for Gross Margin is 49.43% (2023), against an average of 49.49%.
  • Year-over-year, Gross Margin skyrocketed 1374bps in 2021 and then plummeted -947bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 42.46% in 2021, then rose by 25bps to 53.28% in 2022, then decreased by -6bps to 49.9% in 2023, then dropped by -4bps to 47.82% in 2024, then fell by -6bps to 45.08% in 2025.
  • Per Business Quant, the three most recent readings for DAO's Gross Margin are 45.08% (Q4 2025), 42.24% (Q3 2025), and 42.99% (Q2 2025).