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| Date | Value |
|---|---|
| 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% |