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Gaotu Techedu Inc
NYSE:GOTU

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Gaotu Techedu Inc Logo
Gaotu Techedu Inc
NYSE:GOTU
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Price: 6.98 USD -3.06% Market Closed
Updated: May 5, 2024

Income Statement

Earnings Waterfall
Gaotu Techedu Inc

Revenue
3B CNY
Cost of Revenue
-790.2m CNY
Gross Profit
2.2B CNY
Operating Expenses
-2.3B CNY
Operating Income
-149m CNY
Other Expenses
141.7m CNY
Net Income
-7.3m CNY

Income Statement
Gaotu Techedu Inc

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Income Statement
Currency: CNY
Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023
Revenue
Revenue
397
N/A
620
+56%
904
+46%
1 362
+51%
2 115
+55%
3 143
+49%
4 440
+41%
5 849
+32%
7 125
+22%
7 767
+9%
8 349
+7%
7 499
-10%
6 562
-12%
5 346
-19%
3 652
-32%
3 143
-14%
2 498
-21%
2 481
-1%
2 646
+7%
2 829
+7%
2 961
+5%
Gross Profit
Cost of Revenue
(143)
(204)
(279)
(398)
(536)
(737)
(997)
(1 342)
(1 763)
(2 051)
(2 415)
(2 627)
(2 398)
(2 039)
(1 475)
(928)
(701)
(648)
(672)
(722)
(790)
Gross Profit
255
N/A
415
+63%
626
+51%
964
+54%
1 579
+64%
2 406
+52%
3 443
+43%
4 507
+31%
5 362
+19%
5 717
+7%
5 935
+4%
4 871
-18%
4 164
-15%
3 307
-21%
2 177
-34%
2 215
+2%
1 797
-19%
1 833
+2%
1 974
+8%
2 108
+7%
2 171
+3%
Operating Income
Operating Expenses
(235)
(349)
(543)
(892)
(1 363)
(2 141)
(3 355)
(5 398)
(7 117)
(8 863)
(9 925)
(8 799)
(7 102)
(4 960)
(3 035)
(2 061)
(1 915)
(1 881)
(1 918)
(2 082)
(2 320)
Selling, General & Administrative
(161)
(257)
(425)
(737)
(1 151)
(1 860)
(2 975)
(4 855)
(6 383)
(8 066)
(8 639)
(7 397)
(5 850)
(3 706)
(2 158)
(1 567)
(1 470)
(1 462)
(1 505)
(1 645)
(1 858)
Research & Development
(74)
(93)
(118)
(155)
(212)
(281)
(380)
(543)
(735)
(1 000)
(1 287)
(1 403)
(1 253)
(1 011)
(689)
(459)
(445)
(419)
(413)
(437)
(462)
Other Operating Expenses
0
0
0
0
0
0
0
0
0
203
0
0
0
(242)
(189)
(36)
0
0
0
0
0
Operating Income
19
N/A
66
+244%
83
+25%
72
-13%
216
+200%
265
+23%
88
-67%
(891)
N/A
(1 755)
-97%
(3 146)
-79%
(3 990)
-27%
(3 928)
+2%
(2 938)
+25%
(1 652)
+44%
(858)
+48%
154
N/A
(118)
N/A
(48)
+59%
56
N/A
26
-54%
(149)
N/A
Pre-Tax Income
Interest Income Expense
2
3
7
12
20
32
52
65
74
84
83
100
97
94
80
57
64
68
86
106
107
Non-Reccuring Items
0
0
0
0
0
61
150
202
256
0
61
(144)
(242)
0
0
0
0
0
0
0
0
Total Other Income
0
1
1
2
6
6
5
2
(3)
33
(2)
1
21
4
41
36
52
36
29
49
54
Pre-Tax Income
21
N/A
70
+226%
91
+30%
86
-5%
242
+182%
364
+50%
295
-19%
(623)
N/A
(1 428)
-129%
(3 029)
-112%
(3 848)
-27%
(3 971)
-3%
(3 062)
+23%
(1 555)
+49%
(737)
+53%
247
N/A
(3)
N/A
56
N/A
171
+205%
180
+5%
13
-93%
Net Income
Tax Provision
(3)
(13)
(18)
(12)
(17)
(25)
48
32
35
62
(58)
(47)
(41)
(70)
(18)
(18)
16
17
13
12
(11)
Income from Continuing Operations
19
57
73
74
225
340
343
(590)
(1 393)
(2 967)
(3 906)
(4 018)
(3 103)
(1 624)
(755)
228
13
73
183
192
2
Equity Earnings Affiliates
1
1
1
1
1
1
(0)
(1)
0
(0)
1
2
(0)
1
0
0
0
0
(4)
(9)
(9)
Net Income (Common)
(19)
N/A
16
N/A
34
+115%
45
+32%
188
+321%
315
+67%
325
+3%
(609)
N/A
(1 393)
-129%
(2 967)
-113%
(3 904)
-32%
(4 016)
-3%
(3 104)
+23%
(1 624)
+48%
(755)
+54%
228
N/A
13
-94%
73
+455%
179
+145%
183
+2%
(7)
N/A
EPS (Diluted)
-0.12
N/A
0.1
N/A
0.22
+120%
0.26
+18%
1.35
+419%
1.87
+39%
1.93
+3%
-3.83
N/A
-8.72
-128%
-17.42
-100%
-22.88
-31%
-23.48
-3%
-18.17
+23%
-9.26
+49%
-4.38
+53%
1.33
N/A
0.07
-95%
0.4
+471%
0.99
+148%
1.04
+5%
-0.04
N/A

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