Youdao (DAO) Inventory (2018 - 2026)
Youdao (DAO) posted quarterly Inventory of $16.9 million for Q1 2026, down 21.08% year-over-year from $21.4 million in Q1 2025, and down 14.72% quarter-over-quarter from $19.8 million in Q4 2025.
Youdao (DAO) Inventory (2018 - 2026) Analysis & Trends
Youdao (DAO) has reported Inventory for 9 consecutive years, with $16.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Inventory fell 21.08% year-over-year to $16.9 million; the TTM figure through Mar 2026 stood at $16.9 million (down 21.08% YoY), while the FY2025 annual figure was $20.1 million, down 15.91% from the prior year.
- Inventory fell to $16.9 million in Q1 2026 per DAO's latest filing, from $19.8 million in the prior quarter.
- Across five years, Inventory topped out at $33.7 million in Q1 2022 and bottomed at $16.9 million in Q1 2026.
- Historically, Inventory has averaged $25.8 million across 5 years, with a median of $25.2 million in 2023.
- Annual changes were most pronounced in 2022 — Inventory sank 42.29% — and 2024, when it climbed 6.89%.
- Youdao's Inventory stood at $32.7 million in 2022, then slipped by 7.68% to $30.1 million in 2023, then decreased by 19.31% to $24.3 million in 2024, then fell by 18.41% to $19.8 million in 2025, then decreased by 14.72% to $16.9 million in 2026.
- Business Quant data shows DAO's Inventory at $16.9 million in Q1 2026, $19.8 million in Q4 2025, and $20.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 105.80 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | - |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | - |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 333.46 Mn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | - |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | - |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 38.25 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 195.02 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | - |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | 16.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.93 Mn |
| Dec 31, 2025 | 19.85 Mn |
| Sep 30, 2025 | 20.55 Mn |
| Jun 30, 2025 | 23.21 Mn |
| Mar 31, 2025 | 21.45 Mn |
| Dec 31, 2024 | 24.33 Mn |
| Sep 30, 2024 | 25.44 Mn |
| Jun 30, 2024 | 26.93 Mn |
| Mar 31, 2024 | 26.25 Mn |
| Dec 31, 2023 | 30.15 Mn |
| Sep 30, 2023 | 24.35 Mn |
| Jun 30, 2023 | 25.20 Mn |
| Mar 31, 2023 | 31.94 Mn |
| Dec 31, 2022 | 32.66 Mn |
| Sep 30, 2022 | 23.95 Mn |
| Jun 30, 2022 | 31.70 Mn |
| Mar 31, 2022 | 33.71 Mn |
| Dec 31, 2021 | 39.95 Mn |
| Sep 30, 2021 | 41.51 Mn |
| Jun 30, 2021 | 42.09 Mn |