Youdao (DAO) earnings
Youdao earnings: last reported Thu, 20 Aug 2026, for the quarter ended Jun 2026.
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Youdao Q2 FY26 — Record Operating Profit and AI-Driven Growth
What went well
- Net revenues reached RMB 1.5 billion, representing a 3.5% year-over-year increase.
- Operating profit reached a record RMB 111.5 million, nearly fourfold year-over-year, marking the eighth consecutive quarter of operating profitability.
- Net cash inflow from operating activities was RMB 334.2 million, up 80.7% compared with the same period last year.
What to watch
- Online marketing services net revenues decreased 7.7% year-over-year to RMB 584.4 million due to a deliberate focus on higher-margin opportunities.
- Smart devices net revenues decreased 31.5% year-over-year to RMB 86.8 million, primarily due to a decline in demand.
Performance +53.7% 1Y
1Y: $9.86 on 29 Sept 2025 → $15.15. High $18.45 (12 Aug 2026), low $8.43 (17 Dec 2025).
Balance sheet
| Year ending | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Total liabilities | $532.93M | $527.96M | $544.20M | $534.56M | $534.81M | $559.00M |
| Fixed assets | $6.99M | — | — | — | — | — |
| Investments | $89.66M | $79.06M | $33.66M | $10.12M | $8.64M | $42.66M |
| Total assets | $317.28M | $413.34M | $330.01M | $234.68M | $248.57M | $282.43M |
How to read this
As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Insider filings
23 filings between May 28, 2026 and Sep 9, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$0
10 sales by 6 insiders
Some filings report no price, so the dollar figures above are a floor, not a total.
Compensation
not trading decisions- 6
- Award — granted as compensation
- 7
- Option exercise — converted options into shares
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Shum Heung Yeung | — | $0 | Sep 1, 2026 |
| Lai Jimmy Y. | — | $0 | May 28, 2026 |
| Li Yongwei | — | $0 | Jun 30, 2026 |
| Jin Lei | — | $0 | Sep 9, 2026 |
| Peng Su | — | $0 | Sep 9, 2026 |
| Wu Yinghui | — | $0 | Sep 9, 2026 |
Latest filings (23)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 9, 2026 | Peng Su Senior Vice President | Sale | 6,750 | — |
| Sep 9, 2026 | Wu Yinghui Senior Vice President | Sale | 6,750 | — |
| Sep 9, 2026 | Jin Lei president | Sale | 70,047 | — |
| Sep 1, 2026 | Shum Heung Yeung Director | Sale | 4,012 | — |
| Sep 1, 2026 | Shum Heung Yeung Director | Option exercise | 4,012 | — |
| Aug 31, 2026 | Shum Heung Yeung Director | Sale | 4,000 | — |
| Aug 31, 2026 | Shum Heung Yeung Director | Option exercise | 3,997 | — |
| Aug 31, 2026 | Shum Heung Yeung Director | Option exercise | 4,000 | — |
| Aug 31, 2026 | Shum Heung Yeung Director | Sale | 9,189 | — |
| Aug 31, 2026 | Shum Heung Yeung Director | Option exercise | 9,189 | — |
| Aug 31, 2026 | Shum Heung Yeung Director | Sale | 3,997 | — |
| Jun 30, 2026 | Li Yongwei Vice President | Sale | 2,300 | — |
| Jun 30, 2026 | Li Yongwei Vice President | Option exercise | 2,300 | — |
| Jun 29, 2026 | Li Yongwei Vice President | Sale | 4,000 | — |
| Jun 29, 2026 | Li Yongwei Vice President | Option exercise | 4,000 | — |
| Jun 1, 2026 | Li Yongwei Vice President | Award | 3,420 | — |
| May 29, 2026 | Wu Yinghui Senior Vice President | Award | 10,000 | — |
| May 29, 2026 | Peng Su Senior Vice President | Award | 10,000 | — |
| May 29, 2026 | Shum Heung Yeung Director | Award | 11,450 | — |
| May 29, 2026 | Jin Lei president | Award | 82,120 | — |
| May 29, 2026 | Lai Jimmy Y. Director | Award | 11,450 | — |
| May 28, 2026 | Lai Jimmy Y. Director | Option exercise | 3,997 | — |
| May 28, 2026 | Lai Jimmy Y. Director | Sale | 3,997 | — |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.