17 Education & Technology (YQ) Gross Margin (2019 - 2026)
17 Education & Technology (YQ) posted quarterly Gross Margin of 61.92% for Q1 2026, up 2579.0% year-over-year from 2.31% in Q1 2025, and up 34.42% quarter-over-quarter from 46.07% in Q4 2025.
17 Education & Technology (YQ) Gross Margin (2019 - 2026) Analysis & Trends
17 Education & Technology's Gross Margin history runs 8 years deep, the most recent figure standing at 61.92% for Q1 2026.
- In Q1 2026, Gross Margin rose 2579.0% year-over-year to 61.92%; the TTM figure through Mar 2026 stood at 56.84% (up 2029.0% YoY), while the FY2025 annual figure was 47.75%, up 1117.0% from the prior year.
- Gross Margin for Q1 2026 stood at 61.92%, up from 46.07% in the prior quarter.
- The five-year high for Gross Margin was 74.54% in Q3 2022, with the low at 15.98% in Q2 2024.
- The 5-year median for Gross Margin is 51.23% (2025), against an average of 47.74%.
- The sharpest annual moves came in 2023 and 2025: Gross Margin sank 3631 bps in 2023, then soared 4153 bps in 2025.
- 17 Education & Technology's Gross Margin stood at 52.12% in 2022, then dropped by 17 bps to 43.45% in 2023, then slipped by 23 bps to 33.57% in 2024, then jumped by 37 bps to 46.07% in 2025, then jumped by 34 bps to 61.92% in 2026.
- Business Quant data shows YQ's Gross Margin at 61.92% in Q1 2026, 46.07% in Q4 2025, and 51.23% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 53.10% |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 73.66% |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 38.59% |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 59.66% |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 56.77% |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 77.29% |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 34.16% |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 83.86% |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 52.92% |
| 10 | 17 Education & Technology | 1.22 Bn | 1.19 Bn | 8.93 Mn | 61.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 61.92% |
| Dec 31, 2025 | 46.07% |
| Sep 30, 2025 | 51.23% |
| Jun 30, 2025 | 57.51% |
| Mar 31, 2025 | 36.14% |
| Dec 31, 2024 | 33.57% |
| Sep 30, 2024 | 60.94% |
| Jun 30, 2024 | 15.98% |
| Mar 31, 2024 | 38.45% |
| Dec 31, 2023 | 43.45% |
| Sep 30, 2023 | 54.09% |
| Jun 30, 2023 | 48.35% |
| Mar 31, 2023 | 24.37% |
| Dec 31, 2022 | 52.12% |
| Sep 30, 2022 | 74.54% |
| Jun 30, 2022 | 52.23% |
| Mar 31, 2022 | 60.68% |
| Dec 31, 2021 | 64.76% |
| Sep 30, 2021 | 49.39% |
| Jun 30, 2021 | 63.03% |