Youdao (DAO) Research & Development (2018 - 2026)
Youdao (DAO) reported Research & Development of -$16.7 million for Q1 2026, down 5.1% year-over-year from -$17.6 million in Q1 2025, and up 18.01% quarter-over-quarter from -$20.4 million in Q4 2025.
Youdao (DAO) Research & Development (2018 - 2026) Analysis & Trends
Youdao (DAO) has 9 years of Research & Development data on file, last reported at -$16.7 million in Q1 2026.
- Research & Development for Q1 2026 came in at -$16.7 million, down 5.1% year-over-year; the trailing twelve-month figure through Mar 2026 was -$73.0 million (down 3.46% YoY), and the FY2025 annual result was $73.5 million, down 0.6% from the prior year.
- Research & Development rose to -$16.7 million in Q1 2026 per DAO's latest filing, from -$20.4 million in the prior quarter.
- Over five years, Research & Development peaked at -$15.9 million in Q1 2025 and troughed at -$32.0 million in Q1 2022.
- A 5-year average of -$22.8 million and a median of -$21.1 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2024: Research & Development sank 35.27% in 2022, then soared 33.62% in 2024.
- A 5-year view of Research & Development shows it stood at -$26.0 million in 2022, then climbed by 8.99% to -$23.7 million in 2023, then jumped by 30.18% to -$16.5 million in 2024, then slipped by 23.36% to -$20.4 million in 2025, then climbed by 18.01% to -$16.7 million in 2026.
- Business Quant data shows DAO's Research & Development at -$16.7 million in Q1 2026, -$20.4 million in Q4 2025, and -$18.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.64 Bn | 7.60 Bn | 22.18 Mn | -1.61 Mn |
| 2 | Graham Holdings | 4.92 Bn | 3.91 Bn | 841.00 Mn | - |
| 3 | Laureate Education | 4.86 Bn | 4.70 Bn | -16.39 Mn | - |
| 4 | Covista | 4.36 Bn | 4.35 Bn | 276.31 Mn | - |
| 5 | Stride | 4.16 Bn | 3.36 Bn | 231.57 Mn | - |
| 6 | Grand Canyon Education | 3.97 Bn | 3.72 Bn | 244.77 Mn | - |
| 7 | Universal Technical Institute | 2.35 Bn | 2.19 Bn | 103.97 Mn | - |
| 8 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | - |
| 9 | Strategic Education | 1.76 Bn | 1.60 Bn | - | - |
| 10 | Youdao | 164.33 Mn | 65.90 Mn | 87.31 Mn | -16.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -16.73 Mn |
| Dec 31, 2025 | -20.40 Mn |
| Sep 30, 2025 | -17.95 Mn |
| Jun 30, 2025 | -17.91 Mn |
| Mar 31, 2025 | -15.91 Mn |
| Dec 31, 2024 | -16.54 Mn |
| Sep 30, 2024 | -17.04 Mn |
| Jun 30, 2024 | -21.05 Mn |
| Mar 31, 2024 | -20.32 Mn |
| Dec 31, 2023 | -23.68 Mn |
| Sep 30, 2023 | -25.68 Mn |
| Jun 30, 2023 | -28.28 Mn |
| Mar 31, 2023 | -26.62 Mn |
| Dec 31, 2022 | -26.02 Mn |
| Sep 30, 2022 | -29.93 Mn |
| Jun 30, 2022 | -31.12 Mn |
| Mar 31, 2022 | -32.02 Mn |
| Dec 31, 2021 | -26.72 Mn |
| Sep 30, 2021 | -30.00 Mn |
| Jun 30, 2021 | -27.88 Mn |