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Gaotu Techedu (GOTU) Long-Term Deferred Tax (2018 - 2024)

Historic Long-Term Deferred Tax for Gaotu Techedu (GOTU) over the last 7 years, with Q2 2024 value amounting to $7.3 million.

  • Gaotu Techedu's Long-Term Deferred Tax fell 3819.44% to $7.3 million in Q2 2024 from the same period last year, while for Jun 2024 it was $7.3 million, marking a year-over-year decrease of 3819.44%. This contributed to the annual value of $1.6 million for FY2023, which is 2873.34% down from last year.
  • As of Q2 2024, Gaotu Techedu's Long-Term Deferred Tax stood at $7.3 million, which was down 3819.44% from $7.3 million recorded in Q1 2024.
  • In the past 5 years, Gaotu Techedu's Long-Term Deferred Tax registered a high of $160.4 million during Q2 2020, and its lowest value of $1.6 million during Q4 2023.
  • Its 5-year average for Long-Term Deferred Tax is $42.5 million, with a median of $11.6 million in 2023.
  • In the last 5 years, Gaotu Techedu's Long-Term Deferred Tax surged by 61731.06% in 2020 and then plummeted by 4816.54% in 2024.
  • Quarter analysis of 5 years shows Gaotu Techedu's Long-Term Deferred Tax stood at $7.3 million in 2020, then skyrocketed by 665.19% to $55.8 million in 2021, then crashed by 96.05% to $2.2 million in 2022, then dropped by 28.73% to $1.6 million in 2023, then surged by 366.68% to $7.3 million in 2024.
  • Its last three reported values are $7.3 million in Q2 2024, $7.3 million for Q1 2024, and $1.6 million during Q4 2023.