Youdao (DAO) Invested Capital (2018 - 2026)

Youdao (DAO) reported Invested Capital of -$274.5 million for Q1 2026, up 0.5% year-over-year from -$273.2 million in Q1 2025, and down 84.38% quarter-over-quarter from -$148.9 million in Q4 2025.

Youdao (DAO) Invested Capital (2018 - 2026) Analysis & Trends

Youdao (DAO) has 9 years of Invested Capital data on file, last reported at -$274.5 million in Q1 2026.

  • Invested Capital for Q1 2026 came in at -$274.5 million, up 0.5% year-over-year; the trailing twelve-month figure through Mar 2026 was -$274.5 million (up 0.5% YoY), and the FY2025 annual result was -$148.9 million, up 10.27% from the prior year.
  • Invested Capital fell to -$274.5 million in Q1 2026 per DAO's latest filing, from -$148.9 million in the prior quarter.
  • Over five years, Invested Capital peaked at -$93.3 million in Q4 2022 and troughed at -$317.7 million in Q2 2024.
  • A 5-year average of -$237.9 million and a median of -$274.5 million in 2026 frame the typical range for Invested Capital.
  • The sharpest annual moves came in 2022 and 2025: Invested Capital sank 964.78% in 2022, then climbed 12.52% in 2025.
  • A 5-year view of Invested Capital shows it stood at -$93.3 million in 2022, then plunged by 91.81% to -$179.0 million in 2023, then increased by 5.81% to -$168.6 million in 2024, then rose by 11.7% to -$148.9 million in 2025, then tumbled by 84.38% to -$274.5 million in 2026.
  • Business Quant data shows DAO's Invested Capital at -$274.5 million in Q1 2026, -$148.9 million in Q4 2025, and -$277.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 51Talk Online Education 7.64 Bn 7.60 Bn 22.18 Mn -28.02 Mn
2 Graham Holdings 4.92 Bn 3.91 Bn 841.00 Mn 4.87 Bn
3 Laureate Education 4.86 Bn 4.70 Bn -16.39 Mn 1.27 Bn
4 Covista 4.36 Bn 4.35 Bn 276.31 Mn 1.37 Bn
5 Stride 4.16 Bn 3.36 Bn 231.57 Mn 2.34 Bn
6 Grand Canyon Education 3.97 Bn 3.72 Bn 244.77 Mn 696.19 Mn
7 Universal Technical Institute 2.35 Bn 2.19 Bn 103.97 Mn 470.64 Mn
8 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 999.91 Mn
9 Strategic Education 1.76 Bn 1.60 Bn - 1.63 Bn
10 Youdao 164.33 Mn 65.90 Mn 87.31 Mn -274.54 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -274.54 Mn
Dec 31, 2025 -148.90 Mn
Sep 30, 2025 -277.19 Mn
Jun 30, 2025 -277.93 Mn
Mar 31, 2025 -275.93 Mn
Dec 31, 2024 -168.63 Mn
Sep 30, 2024 -308.45 Mn
Jun 30, 2024 -317.70 Mn
Mar 31, 2024 -302.72 Mn
Dec 31, 2023 -179.03 Mn
Sep 30, 2023 -307.25 Mn
Jun 30, 2023 -299.31 Mn
Mar 31, 2023 -256.65 Mn
Dec 31, 2022 -93.34 Mn
Sep 30, 2022 -216.24 Mn
Jun 30, 2022 -200.79 Mn
Mar 31, 2022 -139.78 Mn
Dec 31, 2021 10.79 Mn
Sep 30, 2021 -126.87 Mn
Jun 30, 2021 -110.37 Mn