Gaotu Techedu Inc.
GOTU · XNYSCIK 1768259fmd_04H10K7PSR8V07DT8HK4PADZXDServices · Services-Educational ServicesTemplate: Standard
Coverage: Jan 01, 2017 to Dec 31, 2025, 9 periods
| Line item | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 98 | 397 | 2,115 | 7,125 | 6,562 | 2,498 | 2,961 | 4,554 | 6,147 |
| Cost of revenue | 25 | 143 | 536 | 1,763 | 2,398 | 701 | 790 | 1,455 | 2,002 |
| Gross profit | 73 | 255 | 1,579 | 5,362 | 4,164 | 1,797 | 2,171 | 3,099 | 4,145 |
| Realized investment gains (losses) | 0 | 0 | 11 | 70 | 66 | 42 | 31 | 25 | 34 |
| Research and development | 52 | 74 | 212 | 734 | 1,253 | 445 | 462 | 648 | 627 |
| Total operating expenses | 165 | 235 | 1,363 | 7,117 | 7,344 | 1,915 | 2,320 | 4,280 | 4,648 |
| Operating income | (92) | 19 | 216 | (1,755) | (3,180) | (118) | (149) | (1,182) | (503) |
| Interest and investment income | 0 | 2 | 9 | 3 | 31 | 21 | 76 | 70 | 40 |
| Income before taxes | (91) | 21 | 242 | (1,428) | (3,062) | (3) | 13 | (1,040) | (327) |
| Income tax expense | (5) | 3 | 17 | (35) | 41 | (16) | 11 | 9 | (4) |
| Net income from continuing operations | (87) | 19 | 225 | (1,393) | (3,103) | 13 | 2 | (1,049) | (323) |
| Net income | (87) | 20 | 227 | (1,393) | (3,103) | 13 | (7) | (1,049) | (323) |
| Net income to common shareholders | (126) | (19) | 188 | (1,393) | (3,103) | 13 | (7) | (1,049) | (323) |