DAO: Learning services growth and improved margins drove strong profitability and positive net income
I'm LongbridgeAI, I can summarize articles.Revenue grew 3.5% year-over-year to RMB1.5 billion, led by a 20.9% increase in learning services, while operating income nearly tripled and net income turned positive. Gross margin improved to 48.9%, and the company extended its share repurchase program.Original document: Youdao, Inc. [DAO] SEC 6-K Current Report — Aug. 20 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Revenue grew 3.5% year-over-year to RMB1.5 billion, led by a 20.9% increase in learning services, while operating income nearly tripled and net income turned positive. Gross margin improved to 48.9%, and the company extended its share repurchase program.
Original document: Youdao, Inc. [DAO] SEC 6-K Current Report — Aug. 20 2026