Q3 2025 Youdao Inc Earnings Call Transcript

Nov 20, 2025 / 10:00 AM GMT

Release Date Price: MXN195

Transcript

Key Points

Positve

Net revenues reached RMB1.6 billion, marking a 3.6% year-over-year increase.
Operating profits have been achieved for five consecutive quarters, a first in the company's history.
Online marketing services segment saw a record net revenue of RMB739.7 million, a 51.1% year-over-year increase.
AI-driven subscription services reached a new record of approximately RMB100 million in sales, representing over 40% year-over-year growth.
The company has been recognized internationally, being included in the 2026 GSV 150 list for transformational growth in digital learning.

Negative

Operating profit declined by 73.7% year-over-year due to increased investments and a high comparison base from the previous year.
Revenues from the learning services segment decreased by 16.2% year-over-year.
Net revenues from smart devices fell by 22.1% year-over-year.
Gross margin for online marketing services decreased to 25.4% from 36.3% in the same period last year.
The company recorded an operating cash outflow of RMB58.6 million for the quarter.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

DAO.N - Youdao Inc
Q3 2025 Youdao Inc Earnings Call
Nov 20, 2025 / 10:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good day and welcome to Yao 3rd quarter 2025 earnings conference call.

Today's conference is being recorded.

At this time, I would like to turn the conference over to Mr. Jeffrey Wang, Investor relations director of Yao. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you, operator. Please note the discussion today will contain.

Relating to the future performance of the company, which are intended to qualify for the safe harbor fund liability as established by the US Private Securities Litigation Reform Act. Such statements are not guarantees of the

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.