Youdao (DAO) Research & Development (2018 - 2026)
Youdao (DAO) recorded Research & Development of -$20.94 million in Q2 2026, compared with -$17.91 million a year earlier.
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Analysis
Youdao (DAO) Research & Development (2018 - 2026) Analysis & Trends
On a TTM basis, Youdao's Research & Development came in at -$76.01 million as of Jun 30, 2026; for FY2025, it came in at -$73.54 million.
- Across earlier years, Research & Development came in at -$73.98 million in FY2024, -$104.7 million in FY2023, -$116.54 million in FY2022 and -$15,100 in FY2021.
- The Q2 2026 figure is the lowest quarterly Research & Development since Q2 2024.
- Per Business Quant, the preceding three quarters came in at -$16.73 million (Q1 2026), -$20.4 million (Q4 2025) and -$17.95 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 222.92 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 102.56 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 109.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 115.71 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 177.10 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 92.20 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 34.77 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 107.00 Mn |
| 10 | Youdao | 3.56 Bn | 3.18 Bn | 105.66 Mn | -20.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -20.94 Mn |
| 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 |
API Access
Youdao Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=DAO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "DAO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=DAO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();