网易有道Youdao, Inc.（DAO）2025年第四季度及全年业绩报告「NYSE」（英文版）（11页）.pdf

1、 For investor and media inquiries,please contact:In China:Jeffrey Wang Youdao,Inc.Tel:+86-10-8255-8163 ext.89980 E-mail:IR Piacente Financial Communications Helen Wu Tel:+86-10-6508-0677 E-mail: In the United States:Piacente Financial Communications Brandi Piacente Tel:+1-212-481-2050 E-mail: Youdao

2、 Reports Fourth Quarter and Fiscal Year 2025 Unaudited Financial Results Hangzhou,China February 11,2026 Youdao,Inc.(“Youdao”or the“Company”)(NYSE:DAO),an AI-powered solutions provider specializing in artificial intelligence applications for the learning and advertising verticals,today announced its

3、 unaudited financial results for the fourth quarter and fiscal year ended December 31,2025.Fourth Quarter 2025 Financial Highlights Total net revenues were RMB1.6 billion(US$223.7 million),representing a 16.8%increase from the same period in 2024.o Net revenues from learning services were RMB727.2 m

4、illion(US$104.0 million),representing a 17.7%increase from the same period in 2024.o Net revenues from smart devices were RMB176.5 million(US$25.2 million),representing a 26.6%decrease from the same period in 2024.o Net revenues from online marketing services were RMB660.9 million(US$94.5 million),r

5、epresenting a 37.2%increase from the same period in 2024.Gross margin was 45.1%,compared with 47.8%for the same period in 2024.Income from operations was RMB60.2 million(US$8.6 million),representing a 28.5%decrease from the same period in 2024.Basic and diluted net income per American depositary sha

6、re(“ADS”)attributable to ordinary shareholders were RMB0.41(US$0.06)and RMB0.40(US$0.06),respectively,compared with RMB0.71 and RMB0.70 for the same period of 2024.Non-GAAP basic and diluted net income per ADS attributable to ordinary shareholders were RMB0.50(US$0.07)and RMB0.49(US$0.07),compared w