Youdao (DAO) Operating Leases (2019 - 2026)
Youdao (DAO) reported Operating Leases of $3.1 million for Q1 2026, up 19.38% year-over-year from $2.6 million in Q1 2025, and up 16.63% quarter-over-quarter from $2.7 million in Q4 2025.
Youdao (DAO) Operating Leases (2019 - 2026) Analysis & Trends
Youdao (DAO) has 8 years of Operating Leases data on file, last reported at $3.1 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $3.1 million, up 19.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.1 million (up 19.38% YoY), and the FY2025 annual result was $2.7 million, down 23.09% from the prior year.
- Operating Leases advanced to $3.1 million in Q1 2026 per DAO's latest filing, from $2.7 million in the prior quarter.
- Over five years, Operating Leases peaked at $11.1 million in Q4 2022 and troughed at $1.4 million in Q3 2025.
- A 5-year average of $5.4 million and a median of $5.9 million in 2023 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2023 and 2025: Operating Leases climbed 24.89% in 2023, then sank 71.04% in 2025.
- A 5-year view of Operating Leases shows it stood at $11.1 million in 2022, then plunged by 38.46% to $6.9 million in 2023, then plunged by 48.06% to $3.6 million in 2024, then declined by 25.37% to $2.7 million in 2025, then rose by 16.63% to $3.1 million in 2026.
- Business Quant data shows DAO's Operating Leases at $3.1 million in Q1 2026, $2.7 million in Q4 2025, and $1.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.49 Bn | 7.45 Bn | 22.18 Mn |
| 2 | Laureate Education | 5.02 Bn | 4.86 Bn | -16.39 Mn |
| 3 | Graham Holdings | 4.93 Bn | 3.93 Bn | 841.00 Mn |
| 4 | Covista | 4.32 Bn | 4.32 Bn | 276.31 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn |
| 6 | Grand Canyon Education | 4.00 Bn | 3.75 Bn | 244.77 Mn |
| 7 | Universal Technical Institute | 2.15 Bn | 1.99 Bn | 103.97 Mn |
| 8 | Perdoceo Education | 2.15 Bn | 1.47 Bn | 174.68 Mn |
| 9 | Strategic Education | 1.74 Bn | 1.59 Bn | - |
| 10 | Youdao | 164.33 Mn | 65.90 Mn | 87.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.10 Mn |
| Dec 31, 2025 | 2.66 Mn |
| Sep 30, 2025 | 1.42 Mn |
| Jun 30, 2025 | 2.05 Mn |
| Mar 31, 2025 | 2.60 Mn |
| Dec 31, 2024 | 3.56 Mn |
| Sep 30, 2024 | 4.91 Mn |
| Jun 30, 2024 | 5.82 Mn |
| Mar 31, 2024 | 6.61 Mn |
| Dec 31, 2023 | 6.85 Mn |
| Sep 30, 2023 | 7.63 Mn |
| Jun 30, 2023 | 6.38 Mn |
| Mar 31, 2023 | 5.89 Mn |
| Dec 31, 2022 | 11.14 Mn |
| Sep 30, 2022 | 6.11 Mn |
| Jun 30, 2022 | 7.25 Mn |
| Mar 31, 2022 | 8.14 Mn |
| Dec 31, 2021 | 18.73 Mn |
| Sep 30, 2021 | 14.68 Mn |
| Jun 30, 2021 | 14.49 Mn |