Youdao (DAO) Revenue & Revenue Breakdown
Youdao Revenue Highlights
Latest Revenue (Y)
$5.39B
Latest Revenue (Q)
$1.39B
Main Segment (Y)
Learning Services
Main Geography (Y)
Learning Services
Youdao Revenue by Period
Youdao Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $5.39B | 7.50% |
| 2022-12-31 | $5.01B | 24.84% |
| 2021-12-31 | $4.02B | 26.78% |
| 2020-12-31 | $3.17B | 142.74% |
| 2019-12-31 | $1.30B | 78.36% |
| 2018-12-31 | $731.60M | 60.53% |
| 2017-12-31 | $455.75M | - |
Youdao generated $5.39B in revenue during NA 2023, up 7.50% compared to the previous quarter, and up 736.64% compared to the same period a year ago.
Youdao Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $1.39B | -5.99% |
| 2023-12-31 | $1.48B | -3.79% |
| 2023-09-30 | $1.54B | 27.53% |
| 2023-06-30 | $1.21B | 3.73% |
| 2023-03-31 | $1.16B | -19.99% |
| 2022-12-31 | $1.45B | 3.68% |
| 2022-09-30 | $1.40B | 46.66% |
| 2022-06-30 | $956.23M | -20.35% |
| 2022-03-31 | $1.20B | 14.47% |
| 2021-12-31 | $1.05B | -24.40% |
| 2021-09-30 | $1.39B | 7.26% |
| 2021-06-30 | $1.29B | -3.47% |
| 2021-03-31 | $1.34B | 21.06% |
| 2020-12-31 | $1.11B | 23.52% |
| 2020-09-30 | $896.04M | 43.76% |
| 2020-06-30 | $623.29M | 15.13% |
| 2020-03-31 | $541.39M | 31.91% |
| 2019-12-31 | $410.43M | 18.65% |
| 2019-09-30 | $345.91M | 7.15% |
| 2019-06-30 | $322.81M | 43.01% |
| 2019-03-31 | $225.73M | -1.89% |
| 2018-12-31 | $230.09M | 31.97% |
| 2018-09-30 | $174.35M | - |
Youdao generated $1.39B in revenue during Q1 2024, up -5.99% compared to the previous quarter, and up 95.73% compared to the same period a year ago.
Youdao Revenue Breakdown
Youdao Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|
| Smart Devices | $1.26B | $980.42M | - | - |
| Learning Services | $3.08B | $2.44B | $2.15B | $699.83M |
| Online Marketing Services | $672.36M | $593.95M | $472.88M | $453.01M |
| Tutoring Services | $2.89B | $2.27B | - | - |
| Fee Based Premium Services | $198.25M | $170.38M | $144.95M | $92.26M |
| Learning Products | - | - | $539.96M | $152.04M |
| Online Courses Services | - | - | $2.01B | $607.57M |
Youdao's latest annual revenue breakdown by segment (product or service), as of Dec 22: Learning Services (38.09%), Tutoring Services (35.64%), Smart Devices (15.52%), Online Marketing Services (8.30%), and Fee Based Premium Services (2.45%).
Quarterly Revenue by Product
| Product/Service | Dec 20 | Sep 20 |
|---|---|---|
| Fee Based Premium Services | $39.37M | $105.58M |
| Online Courses Services | - | $1.32B |
| Learning Products | $290.64M | $302.65M |
| Learning Services | - | $1.42B |
| Online Marketing Services | $149.69M | $335.05M |
Youdao's latest quarterly revenue breakdown by segment (product or service), as of Dec 20: Learning Products (60.59%), Online Marketing Services (31.20%), and Fee Based Premium Services (8.21%).
Youdao Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|
| Learning Services | $3.08B | $2.44B | $2.15B | $699.83M |
| Tutoring Services | $2.89B | $2.27B | - | - |
| Fee Based Premium Services | $198.25M | $170.38M | $144.95M | $92.26M |
| Smart Devices | $1.26B | $980.42M | - | - |
| Online Marketing Services | $672.36M | $593.95M | $472.88M | $453.01M |
| Learning Products | - | - | $539.96M | $152.04M |
| Online Courses Services | - | - | $2.01B | $607.57M |
Youdao's latest annual revenue breakdown by geography, as of Dec 22: Learning Services (38.09%), Tutoring Services (35.64%), Smart Devices (15.52%), Online Marketing Services (8.30%), and Fee Based Premium Services (2.45%).
Quarterly Revenue by Country
| Country | Dec 20 | Sep 20 |
|---|---|---|
| Fee Based Premium Services | $39.37M | $105.58M |
| Learning Products | $237.31M | $302.65M |
| Learning Services | $731.64M | $1.42B |
| Online Marketing Services | $137.84M | $335.05M |
| Online Courses Services | $692.28M | $1.32B |
Youdao's latest quarterly revenue breakdown by geography, as of Dec 20: Learning Services (39.80%), Online Courses Services (37.66%), Learning Products (12.91%), Online Marketing Services (7.50%), and Fee Based Premium Services (2.14%).
Youdao Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| DAO | Youdao | $5.39B | $1.39B |
| GOTU | Gaotu Techedu | $2.96B | $946.88M |
| AFYA | Afya | $2.88B | $804.24M |
| TEDU | TCTM Kids IT Education | $2.47B | $545.01M |
| BEDU | Bright Scholar Education | $2.12B | $521.45M |
| ATGE | Adtalem Global Education | $1.58B | $412.66M |
| TAL | TAL Education Group | $1.49B | $429.56M |
| VSTA | Vasta Platform | $1.49B | $460.72M |
| LAUR | Laureate Education | $1.48B | $33.30M |
| STRA | Strategic Education | $1.13B | $312.27M |
| APEI | American Public Education | $600.54M | $154.43M |
| GEHI | Gravitas Education | $50.01M | $47.42M |
| CLEU | China Liberal Education | $2.89M | $9.02M |
DAO Revenue FAQ
What is Youdao’s yearly revenue?
Youdao's yearly revenue for 2023 was $5.39B, representing an increase of 7.50% compared to 2022. The company's yearly revenue for 2022 was $5.01B, representing an increase of 24.84% compared to 2021. DAO's yearly revenue for 2021 was $4.02B, representing an increase of 26.78% compared to 2020.
What is Youdao’s quarterly revenue?
Youdao's quarterly revenue for Q1 2024 was $1.39B, a -5.99% decrease from the previous quarter (Q4 2023), and a 19.65% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $1.48B, a -3.79% decrease from the previous quarter (Q3 2023), and a 1.83% increase year-over-year (Q4 2022). DAO's quarterly revenue for Q3 2023 was $1.54B, a 27.53% increase from the previous quarter (Q2 2023), and a 9.72% increase year-over-year (Q3 2022).
What is Youdao’s revenue growth rate?
Youdao's revenue growth rate for the last 3 years (2021-2023) was 34.20%, and for the last 5 years (2019-2023) was 313.00%.
What are Youdao’s revenue streams?
Youdao's revenue streams in c 22 are Smart Devices, Learning Services, Online Marketing Services, Tutoring Services, and Fee Based Premium Services. Smart Devices generated $1.26B in revenue, accounting 15.52% of the company's total revenue, up 28.15% year-over-year. Learning Services generated $3.08B in revenue, accounting 38.09% of the company's total revenue, up 26.34% year-over-year. Online Marketing Services generated $672.36M in revenue, accounting 8.30% of the company's total revenue, up 13.20% year-over-year. Tutoring Services generated $2.89B in revenue, accounting 35.64% of the company's total revenue, up 27.08% year-over-year. Fee Based Premium Services generated $198.25M in revenue, accounting 2.45% of the company's total revenue, up 16.35% year-over-year.
What is Youdao’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Youdao was Learning Services. This segment made a revenue of $3.08B, representing 38.09% of the company's total revenue.