Gaotu Techedu (ADR) (GOTU)
Offers learning services, educational content, and digitalized products for lifelong learning in mainland China.
$2.33
vs last close+0.13 (+5.68%)
In millions of USD, except per-share figures · converted from CNY at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 118 | 114 | 141 | 151 | 180 | 207 | 223 | 207 | 236 | 252 | 251 | 249 |
| Cost of revenue | 33 | 34 | 41 | 47 | 64 | 66 | 68 | 71 | 80 | 81 | 76 | 83 |
| Gross profit | 85 | 80 | 101 | 104 | 116 | 142 | 155 | 137 | 156 | 171 | 174 | 165 |
| 100 | 108 | 112 | 173 | 189 | 164 | 150 | 173 | 182 | 188 | 173 | 188 | |
| Research & development | 19 | 20 | 23 | 24 | 28 | 22 | 22 | 22 | 24 | 25 | 24 | 23 |
| 81 | 87 | 90 | 149 | 161 | 142 | 128 | 151 | 158 | 164 | 151 | 165 | |
| Selling & marketing | 65 | 70 | 76 | 125 | 132 | 109 | 106 | 123 | 130 | 131 | 126 | 136 |
| General & administrative | 16 | 18 | 14 | 24 | 29 | 34 | 22 | 28 | 28 | 32 | 25 | 29 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 0 |
| Operating income | −15 | −28 | −12 | −69 | −73 | −22 | 5 | −36 | −27 | −18 | 1 | −22 |
| 6 | 8 | 10 | 5 | 4 | 2 | 13 | 4 | 4 | 5 | 4 | 2 | |
| Interest income | 4 | 3 | 3 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Other non-operating income | 0 | −8 | −10 | −5 | −4 | −2 | −13 | −4 | −4 | −5 | −4 | 0 |
| Income before tax | −9 | −20 | −1 | −64 | −69 | −20 | 18 | −32 | −22 | −13 | 5 | −20 |
| Income tax expense | 0 | −2 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −9 | −18 | −2 | −64 | −70 | −20 | 19 | −32 | −22 | −13 | 5 | −20 |
| Net income | −9 | −18 | −2 | −64 | −70 | −20 | 19 | −32 | −22 | −13 | 5 | −20 |
| EPS, basic | −$0.02 | −$0.04 | −$0.00 | −$0.17 | −$0.18 | −$0.05 | $0.05 | −$0.09 | −$0.06 | −$0.03 | $0.01 | −$0.06 |
| EPS, diluted | −$0.02 | −$0.04 | −$0.00 | −$0.17 | −$0.18 | −$0.05 | $0.05 | −$0.09 | −$0.06 | −$0.03 | $0.01 | −$0.06 |
| Weighted average shares, basic | 393 | 391 | 388 | 389 | 385 | 381 | 375 | 368 | 364 | 361 | 358 | 356 |
| Weighted average shares, diluted | 393 | 391 | 388 | 389 | 385 | 381 | 382 | 368 | 364 | 361 | 362 | 356 |
| EBITDA | −15 | −20 | −1 | −64 | −69 | −20 | 18 | −32 | −22 | 4 | 5 | −22 |
| Depreciation & amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17 | 0 | 0 |
| EBIT | −15 | −20 | −1 | −64 | −69 | −20 | 18 | −32 | −22 | −13 | 5 | −22 |
