GOTU (Gaotu Techedu) Research & Development : $89.2 Mil (TTM As of Sep. 2024)

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What is Gaotu Techedu Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Gaotu Techedu's Research & Development for the three months ended in Sep. 2024 was $26.8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was $89.2 Mil.

Gaotu Techedu Research & Development Historical Data

The historical data trend for Gaotu Techedu's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gaotu Techedu Research & Development Chart

Gaotu Techedu Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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30.26

112.31

196.71

63.85

64.71

Gaotu Techedu Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Research & Development	Get a 7-Day Free Trial															17.90	19.05	21.05	22.34	26.75

Gaotu Techedu Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $89.2 Mil.

Gaotu Techedu (NYSE:GOTU) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Gaotu Techedu Research & Development Related Terms

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Gaotu Techedu Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Gaotu Techedu Inc (NYSE:GOTU) » Definitions » Research & Development

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0A7G:UK 18WA:Germany

Address

10 Xibeiwang East Road, 5th Floor, Gientech Building, 17 East Zone, Haidian District, Beijing, CHN, 100193

Website

https://ir.gaotu.cn

Gaotu Techedu Inc is a technology-driven education company that provides online live courses in a large-class setting backed by its proprietary technology infrastructure. The company's segment includes the provision of education services. The company offers courses in large-class format, which amplifies the benefits of online education and allows it to rapidly expand its student base. It operates solely in the PRC and all assets are located in the PRC. The learning services that the company offers include Traditional Learning Services, Non-Academic Tutoring Services, and College Student and Adult Education Services.