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17 Education & Technology Group (YQ) Revenue & Revenue Breakdown

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17 Education & Technology Group Revenue Highlights

Latest Revenue (Y)

$170.96M

Latest Revenue (Q)

$25.50M

Main Segment (Y)

Online K Twelve Tutoring Services

17 Education & Technology Group Revenue by Period

17 Education & Technology Group Revenue by Year

DateRevenueChange
2023-12-31$170.96M-67.81%
2022-12-31$531.06M-75.69%
2021-12-31$2.18B68.77%
2020-12-31$1.29B218.62%
2019-12-31$406.25M30.75%
2018-12-31$310.71M-

17 Education & Technology Group generated $170.96M in revenue during NA 2023, up -67.81% compared to the previous quarter, and up 55.02% compared to the same period a year ago.

17 Education & Technology Group Revenue by Quarter

DateRevenueChange
2024-03-31$25.50M-46.14%
2023-12-31$47.35M4.99%
2023-09-30$45.10M-34.87%
2023-06-30$69.25M646.75%
2023-03-31$9.27M-76.56%
2022-12-31$39.56M-68.25%
2022-09-30$124.57M-6.68%
2022-06-30$133.49M-42.82%
2022-03-31$233.45M-56.97%
2021-12-31$542.55M9.20%
2021-09-30$496.83M-25.94%
2021-06-30$670.89M41.46%
2021-03-31$474.25M-2.58%
2020-12-31$486.79M58.49%
2020-09-30$307.13M13.16%
2020-06-30$271.40M18.49%
2020-03-31$229.05M19.11%
2019-12-31$192.30M-

17 Education & Technology Group generated $25.50M in revenue during Q1 2024, up -46.14% compared to the previous quarter, and up 64.47% compared to the same period a year ago.

17 Education & Technology Group Revenue Breakdown

17 Education & Technology Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 21Dec 20
Online K Twelve Tutoring Services$2.13B$1.22B
Other Services$55.91M-
Other Educational Services-$75.81M

17 Education & Technology Group's latest annual revenue breakdown by segment (product or service), as of Dec 21: Online K Twelve Tutoring Services (97.44%), and Other Services (2.56%).

17 Education & Technology Group Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
EDUNew Oriental Education & Technology Group$3.00B$1.21B
GOTUGaotu Techedu$2.96B$946.88M
STGSunlands Technology Group$2.16B$523.24M
IHiHuman$1.02B$250.45M
UTIUniversal Technical Institute$732.69M$177.46M
CHGGChegg$716.29M$163.15M
AACGATA Creativity Global$221.62M$48.13M
YQ17 Education & Technology Group$170.96M$25.50M
EEIQElite Education Group$5.71M$2.29M

YQ Revenue FAQ

What is 17 Education & Technology Group’s yearly revenue?

17 Education & Technology Group's yearly revenue for 2023 was $170.96M, representing a decrease of -67.81% compared to 2022. The company's yearly revenue for 2022 was $531.06M, representing a decrease of -75.69% compared to 2021. YQ's yearly revenue for 2021 was $2.18B, representing an increase of 68.77% compared to 2020.

What is 17 Education & Technology Group’s quarterly revenue?

17 Education & Technology Group's quarterly revenue for Q1 2024 was $25.5M, a -46.14% decrease from the previous quarter (Q4 2023), and a 175.00% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $47.35M, a 4.99% increase from the previous quarter (Q3 2023), and a 19.69% increase year-over-year (Q4 2022). YQ's quarterly revenue for Q3 2023 was $45.1M, a -34.87% decrease from the previous quarter (Q2 2023), and a -63.80% decrease year-over-year (Q3 2022).

What is 17 Education & Technology Group’s revenue growth rate?

17 Education & Technology Group's revenue growth rate for the last 3 years (2021-2023) was -92.17%, and for the last 5 years (2019-2023) was -57.92%.

What are 17 Education & Technology Group’s revenue streams?

17 Education & Technology Group's revenue streams in c 21 are Online K Twelve Tutoring Services, and Other Services. Online K Twelve Tutoring Services generated $2.13B in revenue, accounting 97.44% of the company's total revenue, up 74.68% year-over-year. Other Services generated $55.91M in revenue, accounting 2.56% of the company's total revenue

What is 17 Education & Technology Group’s main source of revenue?

For the fiscal year ending Dec 21, the largest source of revenue of 17 Education & Technology Group was Online K Twelve Tutoring Services. This segment made a revenue of $2.13B, representing 97.44% of the company's total revenue.