$GOTU Income Statement | Understand Stock

$GOTU

$2.57 -$0.04 (1.53%) Close

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated statements of operations

In millions of CNY; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Net revenues
Cost of revenues (including share-based compensation expenses of RMB12,959, RMB7,003 and RMB5,641 for the years ended December 31, 2023, 2024 and 2025, respectively)
Gross profit
Operating expenses:
Selling expenses (including share-based compensation expenses of RMB8,603, RMB9,267 and RMB5,748 for the years ended December 31, 2023, 2024 and 2025,respectively)
Research and development expenses (including share-based compensation expenses of RMB17,012,RMB8,942 and RMB7,795 for the years ended December 31, 2023, 2024 and 2025, respectively)
General and administrative expenses (including share-based compensation expenses of RMB19,779,RMB28,005 and RMB20,034 for the years ended December 31, 2023, 2024 and 2025, respectively)
Impairment loss on long-lived assets
Impairment loss on goodwill
Disposal loss on assets
Total operating expenses
Loss from operations
Interest income
Realized gains from investments
Other income, net
Other expenses
Income/(loss) before provision for income tax and share of results of equity investees
Income tax (expenses)/benefits
Share of results of equity investees
Net loss
Less: Series A convertible redeemable preferred shares redemption value accretion
Less: Undistributed earnings allocated to the participating preferred shares
Net loss attributable to Gaotu Techedu Inc.'s ordinary shareholders
Net loss per ordinary share
Basic
ADS
Total basic
Diluted
ADS
Total diluted
Weighted average shares used in net loss per share
Basic
Diluted

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