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
DateValue
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