GOTU
Income statement / Annual
Last year (2023), Gaotu Techedu Inc.'s total revenue was $2.96 B,
an increase of 18.52% from the previous year.
In 2023, Gaotu Techedu Inc.'s net income was -$7.30 M.
See Gaotu Techedu Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
| Operating Revenue |
$2.96 B
|
$2.50 B
|
$6.56 B
|
$7.12 B
|
$2.11 B
|
$397.31 M
|
$97.58 M
|
| Cost of Revenue |
$790.21 M |
$701.05 M |
$2.40 B |
$1.76 B |
$535.91 M |
$142.75 M |
$25.02 M |
| Gross Profit |
$2.17 B |
$1.80 B |
$4.16 B |
$5.36 B |
$1.58 B |
$254.55 M |
$72.56 M |
| Gross Profit Ratio |
0.73 |
0.72 |
0.63 |
0.75 |
0.75 |
0.64 |
0.74 |
| Research and Development
Expenses |
$462.04 M
|
$445.12 M
|
$1.25 B
|
$734.45 M
|
$212.20 M
|
$74.05 M
|
$52.45 M
|
| General & Administrative
Expenses |
$356.37 M
|
$290.34 M
|
$720.25 M
|
$566.57 M
|
$110.11 M
|
$39.83 M
|
$37.21 M
|
| Selling & Marketing
Expenses |
$1.50 B
|
$1.18 B
|
$5.13 B
|
$5.82 B
|
$1.04 B
|
$121.52 M
|
$75.33 M
|
| Selling, General &
Administrative Expenses |
$1.86 B
|
$1.47 B
|
$5.85 B
|
$6.38 B
|
$1.15 B
|
$161.35 M
|
$112.53 M
|
| Other Expenses |
$0.00 |
$51.89 M |
$20.91 M |
$253.65 M |
$6.25 M |
$50,000.00 |
$1.95 M |
| Operating Expenses |
$2.32 B |
$1.92 B |
$7.10 B |
$7.12 B |
$1.36 B |
$235.40 M |
$164.98 M |
| Cost And Expenses |
$3.11 B |
$2.62 B |
$9.50 B |
$8.88 B |
$1.90 B |
$378.15 M |
$190.01 M |
| Interest Income |
$75.83 M |
$21.37 M |
$31.46 M |
$3.37 M |
$8.86 M |
$2.19 M |
$189,000.00 |
| Interest Expense |
$0.00 |
$21.37 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$54.24 M
|
$70.76 M
|
$112.56 M
|
$57.21 M
|
$12.06 M
|
$4.22 M
|
$4.93 M
|
| EBITDA |
-$94.76 M
|
-$47.30 M
|
-$2.83 B
|
-$1.70 B
|
$227.79 M
|
$23.37 M
|
-$87.50 M
|
| EBITDA Ratio |
-0.03 |
-0.06 |
-0.4 |
-0.26 |
0.1 |
0.06 |
-0.89 |
| Operating Income Ratio
|
-0.05
|
-0.05
|
-0.45
|
-0.25
|
0.1
|
0.05
|
-0.95
|
| Total Other
Income/Expenses Net |
$152.37 M
|
$115.52 M
|
$118.13 M
|
$327.42 M
|
$26.51 M
|
$3.11 M
|
$852,000.00
|
| Income Before Tax |
$3.36 M |
-$2.53 M |
-$3.06 B |
-$1.43 B |
$242.24 M |
$21.40 M |
-$91.35 M |
| Income Before Tax Ratio
|
0
|
-0
|
-0.47
|
-0.2
|
0.11
|
0.05
|
-0.94
|
| Income Tax Expense |
$10.66 M |
-$15.71 M |
$40.95 M |
-$34.62 M |
$16.96 M |
$2.62 M |
-$4.62 M |
| Net Income |
-$7.30 M |
$13.17 M |
-$3.10 B |
-$1.39 B |
$226.63 M |
$19.65 M |
-$86.96 M |
| Net Income Ratio |
-0 |
0.01 |
-0.47 |
-0.2 |
0.11 |
0.05 |
-0.89 |
| EPS |
-0.028 |
0.0533 |
-12.11 |
-5.81 |
1.08 |
0.0836 |
-0.37 |
| EPS Diluted |
-0.028 |
0.0467 |
-12.11 |
-5.81 |
1.08 |
0.0836 |
-0.37 |
| Weighted Average Shares
Out |
$260.59 M
|
$258.38 M
|
$256.19 M
|
$239.59 M
|
$209.07 M
|
$234.98 M
|
$234.98 M
|
| Weighted Average Shares
Out Diluted |
$260.59 M
|
$263.99 M
|
$256.19 M
|
$239.59 M
|
$209.22 M
|
$234.98 M
|
$234.98 M
|
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