Gaotu Techedu Inc
NYSE:GOTU
Gaotu Techedu Inc
Gaotu Techedu, Inc. is a technology-driven education company. The company is headquartered in Beijing, Beijing. The company went IPO on 2019-06-06. Through its subsidiaries, the Company is engaged in the provision of online K-12 after-school tutoring services. The company also offers foreign language, professional and interest courses. The firm conducts its businesses in Mainland China.
Gaotu Techedu, Inc. is a technology-driven education company. The company is headquartered in Beijing, Beijing. The company went IPO on 2019-06-06. Through its subsidiaries, the Company is engaged in the provision of online K-12 after-school tutoring services. The company also offers foreign language, professional and interest courses. The firm conducts its businesses in Mainland China.
Revenue Growth: Gaotu delivered third quarter revenue of nearly RMB 1.6 billion, up 30.7% year-over-year.
Profitability Progress: Both loss from operations and net loss narrowed significantly, with non-GAAP operating loss down 64.6% and non-GAAP net loss down 69.9% year-over-year.
Cash Position: Cash position increased year-over-year (excluding share repurchases), with total cash, cash equivalents, and investments over RMB 3 billion.
AI Integration: The company highlighted measurable efficiency gains from full-stack AI integration across teaching and operations.
Offline Growth: Offline learning services contributed over 10% of total revenue for the first time.
Share Repurchase: The company completed its $80 million repurchase program and started a new $100 million program.
Q4 Guidance: Fourth quarter revenue is expected between RMB 1,628 million and RMB 1,648 million, representing 17.2% to 18.7% year-over-year growth.
2026 Outlook: Management expects 2026 revenue growth of about 15%, with a major focus on achieving profitability.