Youdao (DAO) Operating Margin (2018 - 2026)

Youdao (DAO) reported Operating Margin of 4.27% for Q1 2026, down 375.0% year-over-year from 1.55% in Q1 2025, and up 10.86% quarter-over-quarter from 3.85% in Q4 2025.

Youdao (DAO) Operating Margin (2018 - 2026) Analysis & Trends

Youdao (DAO) has 9 years of Operating Margin data on file, last reported at 4.27% in Q1 2026.

  • Operating Margin for Q1 2026 came in at 4.27%, down 375.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.95% (down 111.0% YoY), and the FY2025 annual result was 3.75%, up 110.0% from the prior year.
  • Operating Margin climbed to 4.27% in Q1 2026 per DAO's latest filing, from 3.85% in the prior quarter.
  • Over five years, Operating Margin peaked at 8.01% in Q1 2025 and troughed at 47.61% in Q2 2022.
  • A 5-year average of 4.8% and a median of 1.74% in 2025 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2022 and 2023: Operating Margin surged 2537 bps in 2022, then tumbled 641 bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 1.7% in 2022, then soared by 204 bps to 5.15% in 2023, then climbed by 22 bps to 6.28% in 2024, then sank by 39 bps to 3.85% in 2025, then gained by 11 bps to 4.27% in 2026.
  • Business Quant data shows DAO's Operating Margin at 4.27% in Q1 2026, 3.85% in Q4 2025, and 1.74% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 51Talk Online Education 7.64 Bn 7.60 Bn 22.18 Mn -16.93%
2 Graham Holdings 4.92 Bn 3.91 Bn 841.00 Mn 4.68%
3 Laureate Education 4.86 Bn 4.70 Bn -16.39 Mn -10.10%
4 Covista 4.36 Bn 4.35 Bn 276.31 Mn 18.75%
5 Stride 4.16 Bn 3.36 Bn 231.57 Mn 20.49%
6 Grand Canyon Education 3.97 Bn 3.72 Bn 244.77 Mn 30.92%
7 Universal Technical Institute 2.35 Bn 2.19 Bn 103.97 Mn 0.15%
8 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 28.47%
9 Strategic Education 1.76 Bn 1.60 Bn - 13.43%
10 Youdao 164.33 Mn 65.90 Mn 87.31 Mn 4.27%

Historic Data

Download Data
DateValue
Mar 31, 2026 4.27%
Dec 31, 2025 3.85%
Sep 30, 2025 1.74%
Jun 30, 2025 2.03%
Mar 31, 2025 8.01%
Dec 31, 2024 6.28%
Sep 30, 2024 6.82%
Jun 30, 2024 -5.49%
Mar 31, 2024 2.15%
Dec 31, 2023 5.15%
Sep 30, 2023 -3.75%
Jun 30, 2023 -23.96%
Mar 31, 2023 -16.83%
Dec 31, 2022 1.70%
Sep 30, 2022 -15.62%
Jun 30, 2022 -47.61%
Mar 31, 2022 -10.42%
Dec 31, 2021 -23.67%
Sep 30, 2021 -9.32%
Jun 30, 2021 -42.09%