Online Marketing Services was Youdao’s largest product and service line in fiscal 2025, bringing in $2.54B of $5.91B (43%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Tutoring Services | $2.89B | $2.91B | $2.38B | $2.09B | |||||
| Online Marketing Services | $672.36M | $1.33B | $1.97B | $2.54B | |||||
| Smart Devices | $1.26B | $909.19M | $903.67M | $739.64M | |||||
| Online Courses Services | — | — | — | — | |||||
| Fee-Based Premium Services | $198.25M | $234.05M | $362.63M | $544.30M | |||||
| Learning Products | — | — | — | — | |||||
| Total | $5.01B | $5.39B | $5.63B | $5.91B |
Youdao brought in $5.91B from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 5.0% from $5.63B in fiscal 2024. Online Marketing Services was the largest at $2.54B (43.0%), ahead of Tutoring Services at $2.09B (35.3%) and Smart Devices at $739.64M (12.5%). The remaining line, Fee-Based Premium Services, brought in $544.30M.
Compared with fiscal 2024, Fee-Based Premium Services grew fastest, up 50.1% to $544.30M, while Smart Devices fell the most, down 18.2% to $739.64M. From fiscal 2022 to 2025, combined revenue from these lines grew from $5.01B to $5.91B, a compound annual growth rate of 5.6%. Online Marketing Services' share of the total rose from 13.4% to 43.0%.
Youdao (DAO) reports its revenue by product and service. In fiscal 2025, Online Marketing Services was its largest product and service line, bringing in $2.54B (43.0% of the total), followed by Tutoring Services at $2.09B (35.3%).
Online Marketing Services was Youdao's largest product and service line in fiscal 2025, bringing in $2.54B, or 43.0% of the $5.91B total across its four product and service lines.
Among Youdao's product and service lines that make up at least 2% of revenue, Fee-Based Premium Services grew fastest in fiscal 2025, up 50.1% from $362.63M to $544.30M.
Every figure comes from Youdao's annual financial filings, as reported. Each line keeps the name Youdao gives it, and years follow its fiscal calendar.
Youdao's revenue by product and service goes back to fiscal 2017, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.