Youdao (DAO) Retained Earnings (2018 - 2025)

Youdao (DAO) has reported Retained Earnings for 8 consecutive years, with -$812.4 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Retained Earnings rose 0.54% year-over-year to -$812.4 million; the TTM figure through Dec 2025 stood at -$812.4 million (up 0.54% YoY), while the FY2025 annual figure was -$823.9 million, down 2.5% from the prior year.
• Retained Earnings grew to -$812.4 million in Q4 2025 per DAO's latest filing, from -$816.8 million in the prior quarter.
• Across five years, Retained Earnings topped out at -$735.1 million in Q4 2021 and bottomed at -$826.2 million in Q4 2023.
• Historically, Retained Earnings has averaged -$789.9 million across 5 years, with a median of -$812.4 million in 2025.
• Annual changes were most pronounced in 2021 — Retained Earnings slumped 31.67% — and 2024, when it climbed 1.14%.
• Youdao's Retained Earnings stood at -$735.1 million in 2021, then declined by 3.25% to -$759.0 million in 2022, then fell by 8.85% to -$826.2 million in 2023, then increased by 1.14% to -$816.8 million in 2024, then grew by 0.54% to -$812.4 million in 2025.
• Business Quant data shows DAO's Retained Earnings at -$812.4 million in Q4 2025, -$816.8 million in Q4 2024, and -$826.2 million in Q4 2023.