Youdao annual net debt
2019
2020
2021
2022
2023
2024
2025
Youdao Net Debt Growth & History (DAO)
Youdao's net debt was −$60.2M for fiscal 2025.
View full Youdao company overviewYoudao annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$60.2M | $17.5M | — |
| 2024 | 2024-12-31 | −$77.7M | −$20.6M | — |
| 2023 | 2023-12-31 | −$57.1M | $50.2M | — |
| 2022 | 2022-12-31 | −$107.3M | −$68.1M | — |
| 2021 | 2021-12-31 | −$39.2M | $42.0M | — |
| 2020 | 2020-12-31 | −$81.1M | −$59.3M | — |
| 2019 | 2019-12-31 | −$21.9M | — | — |
Youdao quarterly net debt
Q4.19
Q3.20
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q4.25
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | −$60.2M | $17.5M | — |
| Q4 2024 | 2024-12-31 | −$77.7M | −$20.6M | — |
| Q4 2023 | 2023-12-31 | −$57.1M | $50.2M | — |
| Q4 2022 | 2022-12-31 | −$107.3M | −$68.1M | — |
| Q4 2021 | 2021-12-31 | −$39.2M | $42.0M | — |
| Q4 2020 | 2020-12-31 | −$81.1M | −$59.3M | — |
| Q3 2020 | 2020-09-30 | −$1.9M | — | — |
| Q4 2019 | 2019-12-31 | −$21.9M | — | — |
Youdao net debt trends
Over the last five fiscal years, Youdao's net debt increased from −$81.1M to −$60.2M, a change of $21.0M. The latest reported quarter, Q4 2025, shows −$60.2M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Youdao source filings ↗