Gaotu Techedu Inc. Financial Summary

Quick Answer

Gaotu Techedu Inc. reported Total Revenue of $4.55 billion for fiscal year 2024.

Gaotu Techedu Inc. — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Total Revenue $4.55B
+53.8%
$2.96B
+18.5%
$2.50B
-61.9%
$6.56B
-7.9%
$7.12B
+236.9%
$2.11B
+432.3%
Net Income -$1.05B
-14273.2%
-$7.30M
-155.4%
$13.17M
+100.4%
-$3.10B
-122.8%
-$1.39B
-714.6%
$226.63M
+1053.3%
Diluted EPS -$6.12
-15200.0%
-$0.04
-157.1%
$0.07
+100.4%
-$18.17
-108.4%
-$8.72
-745.9%
$1.35
+742.9%
Total Assets $798.44M
-85.3%
$5.41B
+11.0%
$4.88B
-3.0%
$5.02B
-53.0%
$10.69B
+214.8%
$3.39B
+903.7%
Cash and Equivalents $180.99M
-71.5%
$636.05M
-22.4%
$819.91M
+12.5%
$728.93M
+105.2%
$355.22M
+3033.6%
$11.34M
-65.9%
Stockholders Equity $264.88M
-91.5%
$3.11B
+0.3%
$3.10B
+7.5%
$2.88B
-49.7%
$5.73B
+267.9%
$1.56B
+416.2%
R&D Expense $648.06M
+40.3%
$462.04M
+3.8%
$445.12M
-64.5%
$1.25B
+70.6%
$734.45M
+246.1%
$212.20M
+186.6%
Operating Income -$1.18B
-693.1%
-$149.01M
-26.2%
-$118.05M
+96.3%
-$3.18B
-81.2%
-$1.76B
-913.5%
$215.73M
+1026.3%
Gross Profit $3.10B
+42.8%
$2.17B
+20.8%
$1.80B
-56.8%
$4.16B
-22.3%
$5.36B
+239.6%
$1.58B
+520.3%
Shares Outstanding 168.62M
-2.0%
172.11M
-0.4%
172.86M 157.14M
+70.4%
  • Gaotu Techedu Inc. reported Total Revenue of $4.55 billion for fiscal year 2024.
  • Gaotu Techedu Inc. showed an increase of +53.8% in Total Revenue compared to the prior fiscal year.
  • Gaotu Techedu Inc. reported Net Income of -$1.05 billion for fiscal year 2024.
  • Gaotu Techedu Inc. showed a decrease of -14273.2% in Net Income compared to the prior fiscal year.
  • Gaotu Techedu Inc. reported Diluted EPS of $6.12 per share (loss) for fiscal year 2024.
  • Gaotu Techedu Inc. showed a decrease of -15200.0% in Diluted EPS compared to the prior fiscal year.
  • Gaotu Techedu Inc. reported Total Assets of $798.44 million for fiscal year 2024.
  • Gaotu Techedu Inc. showed a decrease of -85.3% in Total Assets compared to the prior fiscal year.
  • Gaotu Techedu Inc. reported Cash and Equivalents of $180.99 million for fiscal year 2024.
  • Gaotu Techedu Inc. showed a decrease of -71.5% in Cash and Equivalents compared to the prior fiscal year.
  • Gaotu Techedu Inc. reported Stockholders Equity of $264.88 million for fiscal year 2024.
  • Gaotu Techedu Inc. showed a decrease of -91.5% in Stockholders Equity compared to the prior fiscal year.
  • Gaotu Techedu Inc. reported R&D Expense of $648.06 million for fiscal year 2024.
  • Gaotu Techedu Inc. showed an increase of +40.3% in R&D Expense compared to the prior fiscal year.
  • Gaotu Techedu Inc. reported Operating Income of -$1.18 billion for fiscal year 2024.
  • Gaotu Techedu Inc. showed a decrease of -693.1% in Operating Income compared to the prior fiscal year.
  • Gaotu Techedu Inc. reported Gross Profit of $3.10 billion for fiscal year 2024.
  • Gaotu Techedu Inc. showed an increase of +42.8% in Gross Profit compared to the prior fiscal year.
  • Gaotu Techedu Inc. reported Shares Outstanding of 168.62 million shares for fiscal year 2024.
  • Gaotu Techedu Inc. showed a decrease of -2.0% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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