Gaotu Techedu Inc. (GOTU)

USD 3.33

(2.46%)

Net Income Summary of Gaotu Techedu Inc.

Gaotu Techedu Inc.'s latest annual net income in 2023 was -7.29 Million CNY , down -155.41% from previous year.
Gaotu Techedu Inc.'s latest quarterly net income in 2024 Q2 was -429.55 Million CNY , down -3393.13% from previous quarter.
Gaotu Techedu Inc. reported an annual net income of 13.17 Million CNY in 2022, up 100.42% from previous year.
Gaotu Techedu Inc. reported an annual net income of -3.1 Billion CNY in 2021, down -122.77% from previous year.
Gaotu Techedu Inc. reported a quarterly net income of -429.55 Million CNY for 2024 Q2, down -3393.13% from previous quarter.
Gaotu Techedu Inc. reported a quarterly net income of 56.16 Million CNY for 2023 Q2, down -50.67% from previous quarter.

Annual Net Income Chart of Gaotu Techedu Inc. (2023 - 2017)

Historical Annual Net Income of Gaotu Techedu Inc. (2023 - 2017)

Year	Net Income	Net Income Growth
2023	-7.29 Million CNY	-155.41%
2022	13.17 Million CNY	100.42%
2021	-3.1 Billion CNY	-122.77%
2020	-1.39 Billion CNY	-714.66%
2019	226.63 Million CNY	1053.33%
2018	19.65 Million CNY	122.6%
2017	-86.95 Million CNY	0.0%

Year	Net Income	Net Income Growth
2024 Q1	-12.29 Million CNY	89.72%
2024 Q2	-429.55 Million CNY	-3393.13%
2023 Q2	56.16 Million CNY	-50.67%
2023 Q3	-57.66 Million CNY	-202.67%
2023 Q1	113.85 Million CNY	61.24%
2023 FY	-7.29 Million CNY	-155.41%
2023 Q4	-119.64 Million CNY	-107.5%
2022 Q4	70.61 Million CNY	215.1%
2022 Q3	-61.35 Million CNY	-23.17%
2022 Q2	-49.8 Million CNY	-192.72%
2022 FY	13.17 Million CNY	100.42%
2022 Q1	53.71 Million CNY	-81.21%
2021 FY	-3.1 Billion CNY	-122.77%
2021 Q4	285.85 Million CNY	127.36%
2021 Q3	-1.04 Billion CNY	-13.69%
2021 Q2	-918.79 Million CNY	35.56%
2021 Q1	-1.42 Billion CNY	-127.41%
2020 Q2	18.62 Million CNY	-87.41%
2020 Q3	-932.51 Million CNY	-5106.24%
2020 Q4	-627.03 Million CNY	32.76%
2020 FY	-1.39 Billion CNY	-714.66%
2020 Q1	147.98 Million CNY	6.64%
2019 Q4	138.76 Million CNY	7195.95%
2019 Q3	1.9 Million CNY	-88.38%
2019 Q2	16.37 Million CNY	-51.69%
2019 Q1	33.89 Million CNY	47.52%
2019 FY	226.63 Million CNY	1053.33%
2018 Q2	-405 Thousand CNY	88.76%
2018 FY	19.65 Million CNY	122.6%
2018 Q1	-3.6 Million CNY	0.0%
2018 Q4	22.97 Million CNY	3258.77%
2018 Q3	684 Thousand CNY	268.89%
2017 FY	-86.95 Million CNY	0.0%

Peer Net Income Comparison of Gaotu Techedu Inc.

Name	Net Income	Net Income Difference
Adtalem Global Education Inc.	136.77 Million USD	105.336%
Chegg, Inc.	18.18 Million USD	140.143%
China Online Education Group	-15.03 Million USD	51.45%
Coursera, Inc.	-116.55 Million USD	93.739%
New Oriental Education & Technology Group Inc.	309.59 Million USD	102.357%
Graham Holdings Company	205.28 Million USD	103.555%
Stride, Inc.	204.18 Million USD	103.574%
Skillsoft Corp.	-349.28 Million USD	97.911%
TAL Education Group	-3.57 Million USD	-104.254%
Universal Technical Institute, Inc.	42 Million USD	117.376%