Youdao (DAO) Retained Earnings (2018 - 2025)
Youdao (DAO) posted quarterly Retained Earnings of -$812.4 million for Q4 2025, up 0.54% year-over-year from -$808.0 million in Q4 2024, and up 0.54% quarter-over-quarter from -$816.8 million in Q4 2024.
Youdao (DAO) Retained Earnings (2018 - 2025) Analysis & Trends
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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | - |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | - |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 1.04 Bn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 8.58 Bn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 3.03 Bn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 2.81 Bn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 1.18 Bn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 1.97 Bn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | - |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -812.36 Mn |
| Dec 31, 2024 | -816.78 Mn |
| Dec 31, 2023 | -826.19 Mn |
| Dec 31, 2022 | -759.04 Mn |
| Dec 31, 2021 | -735.13 Mn |
| Dec 31, 2020 | -558.31 Mn |
| Sep 30, 2020 | -475.01 Mn |
| Dec 31, 2019 | 316.80 Mn |
| Dec 31, 2018 | -185.30 Mn |