网易有道Youdao, Inc.（DAO）2025年第三季度业绩报告「NYSE」（英文版）（9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 Third Quarter 2025 Unaudited Financial Results Hangzhou,China November 20,2025 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 unaudited financ

3、ial results for the third quarter ended September 30,2025.Third Quarter 2025 Financial Highlights Total net revenues were RMB1,628.5 million(US$228.8 million),representing a 3.6%increase from the same period in 2024.o Net revenues from learning services were RMB643.1 million(US$90.3 million),represe

4、nting a 16.2%decrease from the same period in 2024.o Net revenues from smart devices were RMB245.8 million(US$34.5 million),representing a 22.1%decrease from the same period in 2024.o Net revenues from online marketing services were RMB739.7 million(US$103.9 million),representing a 51.1%increase fro

5、m the same period in 2024.Gross margin was 42.2%,compared with 50.2%for the same period in 2024.Income from operations was RMB28.3 million(US$4.0 million),representing a 73.7%decrease from the same period in 2024.Basic and diluted net income per American depositary share(“ADS”)attributable to ordina

6、ry shareholders were near zero,compared with RMB0.74 for the same period of 2024.Non-GAAP basic and diluted net income per ADS attributable to ordinary shareholders were RMB0.08(US$0.01),compared with RMB0.76 for the same period of 2024.“We continued to advance our AI-Native Strategy in the third qu