GOTU

MKT CAP:$699M

Gaotu Techedu Inc.

Market Cap

$699M

Consumer Defensive·Education & Training Services·🇨🇳 China·NYSE

Consumer Def.·Education·🇨🇳·NYSE

Stock Price

$2.00-$0.44 (-18.03%)

Apr 17, 2026

Company Details

Gaotu Techedu Inc., a technology-driven education company, provides online K-12 after-school tutoring services in the People's Republic of China. Its K-12 after-school tutoring courses cover various K-12 academic subjects, including mathema...

CEO

Xiangdong Chen

IPO Date

Jun 6, 2019

Website

ir.gaotu.cn

Key Metrics TTM

Revenue

$891M

+74.9% YoY

Net Income

-$47M

EPS (Diluted)

-$0.13

Free Cash Flow

$0

Revenue / Share

$2.47

Gross Margin

67.4%

Operating Margin

-8.2%

Net Margin

-5.2%

FCF Margin

0.0%

P/S

0.8x

P/E

—

Earnings Reports

FY 2025

Apr 22, 2026

NEW

$874MEPS -$0.12

Q4 2025

Apr 22, 2026

NEW

$243MEPS -$0.03

Q3 2025

Nov 26, 2025

$230MEPS -$0.06

Q2 2025

Aug 26, 2025

$201M+35.8%EPS -$0.08

Q1 2025

Mar 31, 2025

$218M+56.5%EPS $0.05

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 21	$287M	$203M	-$222M
Q2 21	$327M	$221M	-$117M
Q3 21	$162M	$58M	-$135M
Q1 22	$106M	$75M	$4M
Q2 22	$80M	$56M	-$9M
Q3 22	$92M	$67M	-$11M
Q4 22	$89M	$66M	-$2M
Q1 23	$104M	$80M	$14M
Q2 23	$106M	$78M	$7M
Q3 23	$116M	$84M	-$15M
Q1 24	$139M	$99M	-$11M
Q2 24	$148M	$102M	-$68M
Q1 25	$218M	$152M	$5M
Q2 25	$201M	$133M	-$35M
Q3 25	$230M	$152M	-$26M
Q4 25	$243M	$165M	-$17M

Valuation

Quarter	P/S	P/E
Q1 21	0.7x	—
Q2 21	0.6x	—
Q3 21	0.7x	—
Q1 22	0.8x	—
Q2 22	1.0x	—
Q3 22	1.6x	—
Q4 22	1.9x	651.6x
Q1 23	1.9x	70.4x
Q2 23	1.8x	27.1x
Q3 23	1.7x	26.3x
Q1 24	1.5x	47.0x
Q2 24	1.4x	—
Q1 25	1.1x	—
Q2 25	1.0x	—
Q3 25	0.9x	—
Q4 25	0.8x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 19	$9M	$9M
Q3 22	$0	$0
Q4 22	-$1.3B	-$1.2B
Q1 23	$0	$0
Q2 23	$0	$0
Q3 23	$0	$0
Q1 24	$0	$0
Q2 24	$0	$0
Q1 25	$0	$0
Q2 25	$0	$0
Q3 25	$0	$0

Capital Expenditures

Quarter	CapEx
Q1 19	$171.7K
Q3 22	$0
Q4 22	$64M
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q1 24	$0
Q2 24	$0
Q1 25	$0
Q2 25	$0
Q3 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 21	+247.3%	+504.5%
Q2 21	+69.6%	+159.5%
Q3 21	-32.3%	+18.8%
Q1 22	-62.4%	-75.9%
Q2 22	-72.3%	-82.6%
Q3 22	-71.7%	-76.8%
Q4 22	-45.5%	-69.6%
Q1 23	-2.0%	-12.1%
Q2 23	+33.1%	+12.3%
Q3 23	+26.0%	+27.2%
Q1 24	+57.1%	+66.5%
Q2 24	+42.6%	+140.6%
Q1 25	+105.4%	+113.8%
Q2 25	+73.0%	+80.3%
Q3 25	+64.9%	+69.6%
Q4 25	+64.0%	+20.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 19	$558.5K	1.4%
Q3 22	$0	0.0%
Q4 22	-$4M	-4.6%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q1 24	$2M	1.6%
Q2 24	$2M	1.1%
Q1 25	$2M	0.9%
Q2 25	$1M	0.7%
Q3 25	$2M	0.7%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 21	$32M	$393M
Q2 21	$62M	$275M
Q3 21	$49M	$144M
Q1 22	$18M	$53M
Q2 22	$15M	$50M
Q3 22	$16M	$61M
Q4 22	$16M	$52M
Q1 23	$14M	$52M
Q2 23	$15M	$57M
Q3 23	$19M	$80M
Q1 24	$22M	$88M
Q2 24	$24M	$146M
Q1 25	$22M	$125M
Q2 25	$21M	$146M
Q3 25	$24M	$154M
Q4 25	$24M	$158M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$141M	$325M	$467M
Q2 22	$86M	$404M	$490M
Q3 22	$133M	$356M	$488M
Q4 22	$120M	$427M	$547M
Q1 23	$178M	$322M	$500M
Q2 23	$112M	$418M	$530M
Q3 23	$129M	$231M	$360M
Q4 23	$93M	$329M	$422M
Q1 24	$176M	$232M	$408M
Q2 24	$207M	$260M	$467M
Q3 24	$125M	$217M	$342M
Q4 24	$193M	$270M	$463M
Q1 25	$148M	$207M	$356M
Q2 25	$119M	$379M	$498M
Q3 25	$47M	$306M	$353M
Q4 25	$104M	$396M	$500M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 21	383M	+7.2%	+2.2%
Q2 21	384M	+0.2%	+1.7%
Q3 21	385M	+0.2%	+1.9%
Q1 22	394M	+2.6%	+10.3%
Q2 22	387M	-1.8%	+1.1%
Q3 22	388M	+0.2%	+1.1%
Q4 22	389M	+0.2%	+1.1%
Q1 23	404M	+3.9%	+2.4%
Q2 23	405M	+0.2%	+4.5%
Q3 23	393M	-2.9%	+1.2%
Q1 24	388M	-1.3%	-0.3%
Q2 24	389M	+0.4%	-3.7%
Q1 25	382M	-2.0%	-5.8%
Q2 25	368M	-3.7%	-6.5%
Q3 25	364M	-0.9%	-6.0%
Q4 25	361M	-0.9%	-7.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 21	$12.7K	23K
Q2 21	$14.5K	23K
Q3 21	$7.2K	23K
Q1 22	$23.5K	5K
Q2 22	$17.6K	5K
Q3 22	$20.4K	5K
Q4 22	$22.1K	4K
Q1 23	$25.9K	4K
Q2 23	$26.5K	4K
Q3 23	$29.0K	4K
Q1 24	$17.9K	8K
Q2 24	$19.1K	8K
Q1 25	$15.1K	14K
Q2 25	$14.0K	14K
Q3 25	$16.0K	14K
Q4 25	$16.9K	14K

Revenue / Employee