Gaotu Techedu Inc.
Gaotu Techedu Inc. (GOTU) Financial Performance & Income Statement Overview
Explore the financials of Gaotu Techedu Inc. (GOTU), including yearly and quarterly data on income, cash flow, and balance sheets.
Gaotu Techedu Inc. (GOTU) Income Statement & Financial Overview
Review Gaotu Techedu Inc. GOTU income statement with detailed quarterly and annual figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $1.39B | $1.21B | $1.010B | $946.88M |
| Cost of Revenue | $440.28M | $429.79M | $313.43M | $271.41M |
| Gross Profit | $948.34M | $778.46M | $696.36M | $675.47M |
| Gross Profit Ratio | $0.68 | $0.64 | $0.69 | $0.71 |
| R&D Expenses | $145.05M | $189.31M | $162.10M | $151.61M |
| SG&A Expenses | $952.57M | $1.08B | $999.01M | $601.57M |
| Operating Expenses | $1.10B | $1.27B | $1.16B | $753.17M |
| Total Costs & Expenses | $1.54B | $1.70B | $1.47B | $1.02B |
| Interest Income | $14.78M | $15.66M | $21.27M | $18.67M |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $13.56M | $0.00 | $0.00 | $13.56M |
| EBITDA | -$135.71M | -$490.11M | -$464.75M | -$64.14M |
| EBITDA Ratio | -$0.10 | -$0.41 | -$0.46 | -$0.07 |
| Operating Income | -$149.27M | -$490.11M | -$464.75M | -$77.70M |
| Operating Income Ratio | -$0.11 | -$0.41 | -$0.46 | -$0.08 |
| Other Income/Expenses (Net) | $13.40M | $25.63M | $33.56M | $68.92M |
| Income Before Tax | -$135.88M | -$464.48M | -$431.19M | -$8.78M |
| Income Before Tax Ratio | -$0.10 | -$0.38 | -$0.43 | -$0.009 |
| Income Tax Expense | -$42000.00 | $6.79M | -$1.64M | $3.52M |
| Net Income | -$135.83M | -$471.27M | -$429.55M | -$12.30M |
| Net Income Ratio | -$0.10 | -$0.39 | -$0.43 | -$0.01 |
| EPS | -$0.36 | -$1.23 | -$1.10 | -$0.03 |
| Diluted EPS | -$0.36 | -$1.23 | -$1.10 | -$0.03 |
| Weighted Avg Shares Outstanding | $380.63M | $385.05M | $389.35M | $387.74M |
| Weighted Avg Shares Outstanding (Diluted) | $380.62M | $385.05M | $389.35M | $387.74M |
Over the past four quarters, Gaotu Techedu Inc. demonstrated steady revenue growth, increasing from $946.88M in Q1 2024 to $1.39B in Q4 2024. Operating income reached -$149.27M in Q4 2024, maintaining a consistent -11% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at -$135.71M, reflecting operational efficiency. Net income rose to -$135.83M, with EPS at -$0.36. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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