Gaotu Techedu reported revenue of $246.14M and net income of -$20.02M for the quarter ended Jun 2026, up 26.9% year over year. This income statement covers 33 quarters of results from Jun 2018 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||||||||||
| Revenue | 172.34M | 199.96M | 114.31M | 80.29M | 85.21M | 91.29M | 102.99M | 96.96M | 108.20M | 107.19M | 131.14M | 138.95M | 172.18M | 190.24M | 205.75M | 193.95M | 221.80M | 241.00M | 244.92M | 246.14M | |||||||||||||
| Cost of RevenueCost of Rev | 110.55M | 60.67M | 33.59M | 23.89M | 23.73M | 23.10M | 23.30M | 25.43M | 29.90M | 32.07M | 37.59M | 43.13M | 61.24M | 60.32M | 62.35M | 66.01M | 75.22M | 77.34M | 74.63M | 82.42M | |||||||||||||
| Gross Profit | 62.03M | 139.29M | 80.71M | 56.40M | 61.48M | 68.19M | 79.69M | 71.53M | 78.30M | 75.11M | 93.55M | 95.82M | 110.93M | 129.92M | 143.40M | 127.94M | 146.58M | 163.65M | 170.29M | 163.72M | |||||||||||||
| Operating items | |||||||||||||||||||||||||||||||||
| Research & DevelopmentR&D | -51.98M | -19.61M | -19.45M | -15.51M | -14.98M | -16.15M | -14.12M | -13.57M | -17.90M | -19.16M | -21.00M | -22.31M | -26.98M | -19.87M | -20.73M | -20.69M | -22.88M | -23.65M | -23.04M | -22.81M | |||||||||||||
| Selling, General & AdministrativeSG&A | -25.47M | -15.05M | -12.45M | -9.77M | -8.94M | -11.94M | -11.38M | -7.30M | -14.50M | -16.83M | -13.18M | -22.51M | -27.57M | -29.64M | -20.11M | -26.42M | -26.02M | -30.29M | -23.88M | -28.39M | |||||||||||||
| Other Operating ExpensesOther Opex | -19.32M | -3.34M | -44.77M | -40.79M | -47.35M | -42.02M | -40.49M | -46.27M | -60.06M | 4.55M | -70.13M | -114.95M | -126.22M | -0.88M | -97.59M | -113.50M | -122.03M | -126.60M | -121.86M | -134.12M | |||||||||||||
| Operating ExpensesOpex | -228.94M | -98.75M | -76.73M | -65.44M | -71.26M | -70.11M | -65.84M | -65.56M | -91.94M | -101.58M | -104.31M | -159.77M | -180.77M | -150.37M | -138.60M | -161.71M | -171.59M | -180.53M | -169.29M | -185.80M | |||||||||||||
| Operating IncomeOp. Inc | -167.82M | 40.53M | 3.98M | -9.03M | -9.78M | -1.92M | 13.85M | 5.97M | -13.64M | -26.47M | -10.76M | -63.95M | -69.84M | -20.45M | 4.79M | -33.76M | -25.01M | -16.88M | 1.00M | -22.08M | |||||||||||||
| EBIT | -167.82M | 40.53M | 3.98M | -9.17M | -9.78M | -1.92M | 13.91M | 6.18M | -13.76M | -26.47M | -10.76M | -63.95M | -69.84M | -20.45M | 4.78M | -33.44M | -24.87M | -16.88M | 0.99M | -22.00M | |||||||||||||
| Non-operating items | |||||||||||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.84M | 0.67M | 1.21M | 0.26M | 0.61M | 1.10M | 1.94M | 2.73M | 3.31M | 2.62M | 2.59M | 2.93M | 2.23M | 2.02M | 1.80M | 1.39M | 1.21M | 1.20M | 1.31M | 0.55M | |||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.20M | 1.75M | 0.06M | -0.48M | 3.79M | 1.76M | -0.85M | 2.16M | 4.55M | 6.05M | 0.63M | 0.56M | -0.89M | 9.86M | 0.79M | 2.05M | 1.40M | 1.25M | 0.71M | ||||||||||||||
| Non Operating IncomeNon Op. Inc. | 1.72M | 0.63M | -0.89M | 1.42M | |||||||||||||||||||||||||||||
| Net income details | |||||||||||||||||||||||||||||||||
| EBT | -161.55M | 44.64M | 5.19M | -8.91M | -8.56M | 5.07M | 15.85M | 9.01M | -10.42M | -23.85M | -8.18M | -59.56M | -64.81M | -18.92M | 6.58M | -30.31M | -20.86M | -12.19M | 2.30M | -20.17M | |||||||||||||
| Tax ProvisionsTaxes | 0.07M | 0.07M | -2.98M | 0.07M | -0.06M | 5.01M | -2.53M | -0.59M | -0.09M | 1.64M | -0.49M | 0.23M | -0.97M | 0.01M | 0.08M | 0.16M | 0.19M | 0.15M | 0.16M | 0.15M | |||||||||||||
| Profit After TaxPAT | -162.12M | 44.86M | 8.47M | -7.44M | -8.62M | 10.24M | 16.58M | 7.75M | -7.91M | -16.85M | -1.70M | -59.11M | -67.16M | -18.61M | 17.09M | -30.15M | -20.67M | -12.04M | 5.00M | -20.02M | |||||||||||||
| Equity Income | |||||||||||||||||||||||||||||||||
| Investment IncomeInv. Income | -0.58M | -0.68M | |||||||||||||||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | 5.78M | 3.23M | 2.89M | 2.78M | 2.33M | 2.43M | 0.32M | 0.29M | |||||||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -161.62M | 44.57M | 8.16M | -8.97M | -8.50M | 0.06M | 18.39M | 9.61M | -10.33M | -25.48M | -7.69M | -59.79M | -63.84M | -18.92M | 6.50M | -30.18M | -20.94M | -12.34M | 2.14M | -20.25M | |||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -161.62M | 44.57M | 8.16M | -8.97M | -8.50M | 0.06M | 18.39M | 9.61M | -10.33M | -25.48M | -7.69M | -59.79M | -63.84M | -18.92M | 6.50M | -30.18M | -20.94M | -12.34M | 2.14M | -20.25M | |||||||||||||
| Income towards Parent CompanyParent Net Inc | -161.48M | 44.57M | 8.16M | -8.97M | -8.62M | 0.06M | 18.39M | 9.61M | -10.33M | -16.62M | -7.69M | -59.34M | -65.76M | -18.61M | 6.50M | -30.15M | -20.67M | -12.04M | 2.14M | -20.02M | |||||||||||||
| Preferred Dividend PaymentsPref Dividends | |||||||||||||||||||||||||||||||||
| Net Income towards Common StockholdersNet Income | -161.48M | 44.86M | 8.47M | -7.44M | -8.97M | 10.24M | 16.58M | 7.75M | -7.91M | -16.85M | -1.70M | -59.11M | -67.16M | -18.91M | 17.09M | -29.86M | -20.56M | -12.04M | 5.00M | -19.95M | |||||||||||||
| Additional items | |||||||||||||||||||||||||||||||||
| EPS (Basic) | -1.01 | 0.26 | 0.05 | -0.04 | -0.05 | 0.06 | 0.10 | 0.04 | -0.05 | -0.10 | -0.01 | -0.34 | -0.39 | -0.11 | 0.10 | -0.17 | -0.12 | -0.07 | 0.03 | -0.12 | |||||||||||||
| EPS (Diluted) | -1.01 | 0.26 | 0.05 | -0.04 | -0.05 | 0.06 | 0.09 | 0.04 | -0.04 | -0.10 | -0.01 | -0.34 | -0.39 | -0.11 | 0.10 | -0.17 | -0.12 | -0.07 | 0.03 | -0.12 | |||||||||||||
| Shares Outstanding | 159.73M | 170.79M | 170.79M | 170.79M | 170.79M | 172.25M | 172.25M | 172.25M | 172.25M | 173.73M | 173.73M | 173.73M | 173.73M | 171.41M | 171.41M | 171.41M | 171.41M | 163.12M | 163.12M | 163.12M | |||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 159.73M | 170.79M | 170.79M | 170.79M | 170.79M | 175.99M | 175.99M | 175.99M | 175.99M | 173.73M | 173.73M | 173.73M | 173.73M | 171.41M | 171.41M | 171.41M | 171.41M | 163.12M | 163.12M | 163.12M | |||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 171.34M | 172.86M | 172.11M | 168.62M | 159.98M | ||||||||||||||||||||||||||||
| EBITDA | -167.82M | 40.53M | 3.98M | -9.17M | -9.78M | -1.92M | 13.91M | 6.18M | -13.76M | -26.47M | -10.76M | -63.95M | -69.84M | -20.45M | 4.78M | -33.44M | -24.87M | -16.88M | 0.99M | -22.00M | |||||||||||||
| Tax Rate | -0.04% | 0.16% | -57.39% | -0.75% | 0.70% | 98.85% | -15.96% | -6.51% | 0.86% | -6.86% | 5.96% | -0.38% | 1.49% | -0.03% | 1.17% | -0.52% | -0.92% | -1.24% | 6.80% | -0.73% |