Youdao (DAO) Notes Payables (2018 - 2026)
Youdao (DAO) posted quarterly Notes Payables of $127.3 million for Q1 2026, up 5.2% year-over-year from $121.0 million in Q1 2025, and up 2.82% quarter-over-quarter from $123.8 million in Q4 2025.
Youdao (DAO) Notes Payables (2018 - 2026) Analysis & Trends
Youdao (DAO) has reported Notes Payables for 9 consecutive years, with $127.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Notes Payables rose 5.2% year-over-year to $127.3 million; the TTM figure through Mar 2026 stood at $127.3 million (up 5.2% YoY), while the FY2025 annual figure was $125.6 million, up 4.38% from the prior year.
- Notes Payables improved to $127.3 million in Q1 2026 per DAO's latest filing, from $123.8 million in the prior quarter.
- Across five years, Notes Payables topped out at $138.5 million in Q1 2022 and bottomed at $120.3 million in Q3 2023.
- Historically, Notes Payables has averaged $124.4 million across 5 years, with a median of $123.3 million in 2025.
- Annual changes were most pronounced in 2022 — Notes Payables fell 10.11% — and 2026, when it rose 5.2%.
- Youdao's Notes Payables stood at $123.5 million in 2022, then fell by 1.22% to $121.9 million in 2023, then grew by 0.24% to $122.2 million in 2024, then rose by 1.28% to $123.8 million in 2025, then climbed by 2.82% to $127.3 million in 2026.
- Business Quant data shows DAO's Notes Payables at $127.3 million in Q1 2026, $123.8 million in Q4 2025, and $123.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 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 |
| 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 |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 127.28 Mn |
| Dec 31, 2025 | 123.79 Mn |
| Sep 30, 2025 | 123.33 Mn |
| Jun 30, 2025 | 122.56 Mn |
| Mar 31, 2025 | 120.99 Mn |
| Dec 31, 2024 | 122.23 Mn |
| Sep 30, 2024 | 125.11 Mn |
| Jun 30, 2024 | 120.82 Mn |
| Mar 31, 2024 | 121.60 Mn |
| Dec 31, 2023 | 121.94 Mn |
| Sep 30, 2023 | 120.34 Mn |
| Jun 30, 2023 | 121.08 Mn |
| Mar 31, 2023 | 127.85 Mn |
| Dec 31, 2022 | 123.45 Mn |
| Sep 30, 2022 | 123.43 Mn |
| Jun 30, 2022 | 131.08 Mn |
| Mar 31, 2022 | 138.50 Mn |
| Dec 31, 2021 | 137.33 Mn |
| Sep 30, 2021 | 136.26 Mn |
| Jun 30, 2021 | 135.99 Mn |