17 Education & Technology Group Inc.(YQ)Earnings, Financials & Key Ratios
YQ•NASDAQ
$2.73
$22M mkt cap·Price updated May 7, 2026
SectorConsumer DefensiveIndustryEducation & TrainingSub-IndustryEducation Software and School IT Services
About17 Education & Technology Group Inc., an education technology company, provides education and education technology services in the People's Republic of China. The company also provides educational services comprising membership-based educational content subscriptions to à la carte workbooks, study plans, and associated services. It also offers teaching and learning SaaS solutions, such as education informatization services for education-related government entities, schools, and service providers. 17 Education & Technology Group Inc. was incorporated in 2012 and is headquartered in Beijing, the People's Republic of China.Show more
- Revenue$189M+10.7%
- EBITDA-$202M+38.3%
- Net Income-$193M+38.1%
- EPS (Diluted)-24.00+29.4%
- Gross Margin36.58%-22.5%
- EBITDA Margin-106.51%+44.2%
- Operating Margin-113%+43.6%
- Net Margin-101.96%+44.1%
- ROE-43.46%+12.7%
- ROIC-85.48%+53.1%
- Debt/Equity0.03-19.8%
YQ Key Insights
17 Education & Technology Group Inc. (YQ) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Share count reduced 12.4% through buybacks
- ✓Trading at only 0.4x book value
✗Weaknesses
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 9 (bottom 9%)
- ✗Sales declining 14.2% over 5 years
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
YQ Price & Volume
17 Education & Technology Group Inc. (YQ) stock price & volume — 10-year historical chart
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YQ Growth Metrics
17 Education & Technology Group Inc. (YQ) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-14.17%
3 Years-55.75%
TTM-48.15%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM27.44%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM35.11%
Return on Capital
10 Years-77.51%
5 Years-66.51%
3 Years-42.25%
Last Year-47.42%
YQ Peer Comparison
17 Education & Technology Group Inc. (YQ) competitors in Education Software and School IT Services — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 TAL | 770.79M | 11.40 | 9.05 | 51.22% | 6.45% | 4.72% | 0.09 | |
 EDU | 8.97B | 56.36 | 24.50 | 13.6% | 7.37% | 9.09% | 0.20 | |
 GOTU | 759.78M | 1.97 | -4.86 | 55.99% | -6.4% | -21.76% | 0.25 | |
 COE | 2.43M | 25.25 | -0.35 | 86.98% | -13.42% | |||
 MSFT | 3.13T | 420.92 | 30.86 | 14.93% | 39.34% | 33.13% | 0.33 | |
 GOOG | 4.78T | 395.30 | 36.57 | 15.13% | 37.91% | 38.98% | 0.14 | |
 BIDU | 48.92B | 139.87 | 14.44 | -1.09% | 6.9% | 3.13% | 0.28 | |
 AMZN | 2.92T | 271.17 | 37.82 | 12.38% | 12.22% | 23.34% | 0.37 |
Compare YQ vs Peers
17 Education & Technology Group Inc. (YQ) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
YQ Income Statement
17 Education & Technology Group Inc. (YQ) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 310.71M | 406.25M | 1.29B | 2.18B | 531.06M | 170.96M | 189.21M | 103.68M |
| Revenue Growth % | - | 30.75% | 218.62% | 68.77% | -75.69% | -67.81% | 10.67% | -48.15% |
| Cost of Goods Sold | 104.97M | 173.48M | 495.67M | 878.24M | 206.21M | 90.26M | 120M | 58.7M |
| COGS % of Revenue | 33.78% | 42.7% | 38.29% | 40.2% | 38.83% | 52.79% | 63.42% | - |
| Gross Profit | 205.74M▲ 0% | 232.77M▲ 13.1% | 798.7M▲ 243.1% | 1.31B▲ 63.6% | 324.86M▼ 75.1% | 80.7M▼ 75.2% | 69.21M▼ 14.2% | 44.98M▲ 0% |
| Gross Margin % | 66.22% | 57.3% | 61.71% | 59.8% | 61.17% | 47.21% | 36.58% | 43.38% |
| Gross Profit Growth % | - | 13.14% | 243.13% | 63.55% | -75.13% | -75.16% | -14.24% | - |
| Operating Expenses | 905.25M | 1.23B | 2.13B | 2.66B | 536M | 423.45M | 283.02M | 223.02M |
| OpEx % of Revenue | 291.35% | 303.48% | 164.78% | 121.7% | 100.93% | 247.69% | 149.58% | - |
| Selling, General & Admin | 506.62M | 741.61M | 1.52B | 1.86B | 300.16M | 255.52M | 211.02M | 166.21M |
| SG&A % of Revenue | 163.05% | 182.55% | 117.28% | 85.07% | 56.52% | 149.46% | 111.53% | - |
| Research & Development | 398.63M | 491.27M | 614.77M | 800.16M | 235.85M | 167.93M | 72M | 56.81M |
| R&D % of Revenue | 128.3% | 120.93% | 47.5% | 36.63% | 44.41% | 98.23% | 38.05% | - |
| Other Operating Expenses | 882K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -699.51M▲ 0% | -1B▼ 43.0% | -1.33B▼ 33.4% | -1.47B▼ 10.4% | -211.15M▲ 85.7% | -342.75M▼ 62.3% | -213.81M▲ 37.6% | -178.05M▲ 0% |
| Operating Margin % | -225.14% | -246.18% | -103.07% | -67.45% | -39.76% | -200.48% | -113% | -171.73% |
| Operating Income Growth % | - | -42.97% | -33.4% | -10.45% | 85.67% | -62.33% | 37.62% | - |
| EBITDA | -683.75M | -977.43M | -1.29B | -1.41B | -186.42M | -326.58M | -201.53M | -174.98M |
| EBITDA Margin % | -220.06% | -240.6% | -100% | -64.49% | -35.1% | -191.02% | -106.51% | -168.77% |
| EBITDA Growth % | - | -42.95% | -32.43% | -8.83% | 86.77% | -75.18% | 38.29% | 26.75% |
| D&A (Non-Cash Add-back) | 15.76M | 22.68M | 39.7M | 64.76M | 24.73M | 16.17M | 12.28M | 3.07M |
| EBIT | -656.07M | -963.26M | -1.34B | -1.35B | -211.15M | -342.75M | -213.81M | -178.05M |
| Net Interest Income | 33.98M | 23.35M | 5.5M | 24.57M | 11.35M | 27.81M | 16.26M | 9.97M |
| Interest Income | 33.98M | 23.83M | 8.42M | 24.57M | 11.35M | 27.81M | 16.26M | 9.97M |
| Interest Expense | 0 | 485K | 2.92M | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 43.44M | 36.36M | -5.79M | 31.57M | 33.28M | 30.97M | 20.89M | 12.9M |
| Pretax Income | -656.07M▲ 0% | -963.75M▼ 46.9% | -1.34B▼ 39.0% | -1.44B▼ 7.6% | -177.87M▲ 87.7% | -311.78M▼ 75.3% | -192.93M▲ 38.1% | -165.15M▲ 0% |
| Pretax Margin % | -211.15% | -237.23% | -103.52% | -66.01% | -33.49% | -182.37% | -101.96% | -159.29% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -0% |
| Net Income | -656.07M▲ 0% | -964.34M▼ 47.0% | -1.34B▼ 38.9% | -1.44B▼ 7.6% | -177.71M▲ 87.7% | -311.78M▼ 75.4% | -192.93M▲ 38.1% | -165.16M▲ 0% |
| Net Margin % | -211.15% | -237.38% | -103.52% | -66.01% | -33.46% | -182.37% | -101.96% | -159.29% |
| Net Income Growth % | - | -46.99% | -38.95% | -7.61% | 87.68% | -75.44% | 38.12% | 27.44% |
| Net Income (Continuing) | -656.07M | -963.75M | -1.34B | -1.44B | -177.87M | -311.78M | -192.93M | -165.16M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -705.00▲ 0% | -103.50▲ 85.3% | -136.50▼ 31.9% | -146.00▼ 7.0% | -17.50▲ 88.0% | -34.00▼ 94.3% | -24.00▲ 29.4% | -16.12▲ 0% |
| EPS Growth % | - | 85.32% | -31.88% | -6.96% | 88.01% | -94.29% | 29.41% | 35.11% |
| EPS (Basic) | -705.00 | -103.50 | -137.50 | -146.00 | -17.50 | -34.00 | -24.00 | - |
| Diluted Shares Outstanding | 930.49K | 9.3M | 9.58M | 9.88M | 10.06M | 9.17M | 8.04M | 10.25M |
| Basic Shares Outstanding | 930.49K | 9.3M | 9.5M | 9.88M | 10.06M | 9.17M | 8.04M | 10.25M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
YQ Balance Sheet
17 Education & Technology Group Inc. (YQ) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.34B | 757.62M | 3.05B | 1.34B | 913.38M | 630.73M | 508.91M | 447.37M |
| Cash & Short-Term Investments | 1.27B | 653.86M | 2.83B | 1.19B | 733.44M | 476.69M | 359.25M | 341.86M |
| Cash Only | 1.25B | 653.86M | 2.83B | 1.18B | 707.89M | 306.93M | 234.14M | 243.57M |
| Short-Term Investments | 20M | 0 | 0 | 9.97M | 19.53M | 169.76M | 125.11M | 98.29M |
| Accounts Receivable | 7.48M | 13.88M | 7.4M | 23.1M | 52.03M | 59.72M | 67.59M | 22.84M |
| Days Sales Outstanding | 8.78 | 12.48 | 2.09 | 3.86 | 35.76 | 127.51 | 130.38 | 156.88 |
| Inventory | 56.07M | 88.18M | 0 | -23.1M | 10.23M | 0 | 0 | 0 |
| Days Inventory Outstanding | 194.98 | 185.54 | - | - | 18.11 | - | - | - |
| Other Current Assets | 42.43M | -16.56M | 8.73M | 18.21M | -830K | 73.42M | 4.26M | 82.67M |
| Total Non-Current Assets | 104.69M | 160.66M | 343.16M | 237.7M | 67.15M | 53.8M | 40.61M | 35.15M |
| Property, Plant & Equipment | 93.63M | 145.44M | 305.38M | 223.77M | 62.35M | 52.02M | 38.18M | 33.65M |
| Fixed Asset Turnover | 3.32x | 2.79x | 4.24x | 9.76x | 8.52x | 3.29x | 4.96x | 2.80x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 3.91M | 0 | 0 |
| Other Non-Current Assets | 11.06M | 15.22M | 37.78M | 13.92M | 4.8M | -2.13M | 2.43M | 8.75M |
| Total Assets | 1.44B▲ 0% | 918.29M▼ 36.3% | 3.39B▲ 269.1% | 1.58B▼ 53.4% | 980.52M▼ 38.0% | 684.53M▼ 30.2% | 549.52M▼ 19.7% | 482.51M▲ 0% |
| Asset Turnover | 0.22x | 0.44x | 0.38x | 1.38x | 0.54x | 0.25x | 0.34x | 0.20x |
| Asset Growth % | - | -36.29% | 269.14% | -53.38% | -37.96% | -30.19% | -19.72% | -64.95% |
| Total Current Liabilities | 322.73M | 680.7M | 1.21B | 683.06M | 214.13M | 180.6M | 151.62M | 144.37M |
| Accounts Payable | 7.48M | 13.7M | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payables Outstanding | 26 | 28.82 | - | - | - | - | - | - |
| Short-Term Debt | 0 | 85M | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 75.74M | 243.52M | 596.31M | 243.88M | 42.38M | 44.95M | 40.4M | 153.28M |
| Other Current Liabilities | -43.85M | 11.85M | 22.87M | 5.56M | 389K | 225K | 211K | 0 |
| Current Ratio | 4.14x | 1.11x | 2.53x | 1.97x | 4.27x | 3.49x | 3.36x | 3.36x |
| Quick Ratio | 3.97x | 0.98x | 2.53x | 2.00x | 4.22x | 3.49x | 3.36x | 3.36x |
| Cash Conversion Cycle | 177.76 | 169.2 | - | - | - | - | - | 156.88 |
| Total Non-Current Liabilities | 4.09B | 4.7B | 120.09M | 100.33M | 7.53M | 9.66M | 4.26M | 3.99M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 19.54M | 21.28M | 118.11M | 100.33M | 7.53M | 9.66M | 4.26M | 18.98M |
| Deferred Tax Liabilities | 0 | 0 | -1.98M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 4.08B | 4.68B | 1.98M | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 4.42B | 5.38B | 1.33B | 783.38M | 221.66M | 190.26M | 155.88M | 148.36M |
| Total Debt | 44.07M | 149.43M | 187.52M | 147.21M | 26.25M | 17.31M | 11.06M | 9.09M |
| Net Debt | -1.21B | -504.43M | -2.65B | -1.03B | -681.64M | -289.62M | -223.09M | -234.48M |
| Debt / Equity | - | - | 0.09x | 0.18x | 0.03x | 0.04x | 0.03x | 0.03x |
| Debt / EBITDA | - | - | - | - | - | - | - | -0.05x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | 1.34x |
| Interest Coverage | - | -2062.08x | -456.11x | - | - | - | - | - |
| Total Equity | -2.98B▲ 0% | -4.46B▼ 49.9% | 2.06B▲ 146.3% | 797.04M▼ 61.4% | 758.86M▼ 4.8% | 494.27M▼ 34.9% | 393.64M▼ 20.4% | 334.15M▲ 0% |
| Equity Growth % | - | -49.85% | 146.28% | -61.39% | -4.79% | -34.87% | -20.36% | -74.05% |
| Book Value per Share | -3198.55 | -479.31 | 215.55 | 80.66 | 75.46 | 53.88 | 48.97 | 32.61 |
| Total Shareholders' Equity | -2.98B | -4.46B | 2.06B | 797.04M | 758.86M | 494.27M | 393.64M | 334.15M |
| Common Stock | 33K | 37K | 313K | 331K | 317K | 343K | 322K | 396K |
| Retained Earnings | -3.13B | -4.6B | -8.64B | -10.08B | -10.26B | -10.57B | -10.76B | -10.87B |
| Treasury Stock | 0 | 0 | 0 | 0 | -21K | -97K | -34K | -42K |
| Accumulated OCI | 100.19M | 88.22M | 49.61M | 18.69M | 62.69M | 77.36M | 86.41M | 80.52M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
YQ Cash Flow Statement
17 Education & Technology Group Inc. (YQ) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -418.87M | -631.29M | -522.99M | -1.51B | -463.93M | -212.07M | -139.22M | -139.22M |
| Operating CF Margin % | -134.81% | -155.4% | -40.4% | -68.97% | -87.36% | -124.05% | -73.58% | - |
| Operating CF Growth % | - | -50.71% | 17.16% | -188.09% | 69.21% | 54.29% | 34.35% | 0% |
| Net Income | -656.07M | -963.75M | -1.34B | -1.44B | -177.87M | -311.78M | -192.93M | -165.16M |
| Depreciation & Amortization | 15.76M | 22.68M | 39.7M | 64.76M | 24.73M | 16.17M | 12.28M | 0 |
| Stock-Based Compensation | 123.53M | 93.09M | 356.04M | 195.21M | 129.56M | 83.69M | 61.92M | 45.58M |
| Deferred Taxes | -3.9M | -291K | -38K | 121.26M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 21.25M | 41.81M | 63M | 100.83M | 43.44M | 35.92M | 22.39M | 119.58M |
| Working Capital Changes | 80.57M | 175.17M | 358.22M | -546.84M | -483.78M | -36.08M | -42.87M | 0 |
| Change in Receivables | 0 | 0 | 0 | 0 | -36.43M | -31.17M | -20.58M | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -48.95M | -28.59M | -89.5M | -117.6M | -8.93M | -161.14M | 35.59M | 0 |
| Capital Expenditures | -33.95M | -48.59M | -89.5M | -129.36M | -2.76M | -26.59M | -9.37M | 0 |
| CapEx % of Revenue | 10.93% | 11.96% | 6.91% | 5.92% | 0.52% | 15.55% | 4.95% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | -15M | 0 | 0 | 11.75M | 13.36M | 15.67M | 314K | 0 |
| Cash from Financing | 1.55B | 84.45M | 2.8B | 952K | -33.86M | -51.36M | 21.33M | 0 |
| Debt Issued (Net) | 0 | 85M | -85M | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 1.56B | 0 | 2.9B | 0 | -33.95M | -51.39M | 21.32M | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -21.08M | 0 | 0 | 0 | -33.95M | -51.39M | -1.07M | 0 |
| Other Financing | -11.88M | -551K | -18.8M | 952K | 91K | 36K | 15K | 0 |
| Net Change in Cash | 1.16B▲ 0% | -587.14M▼ 150.8% | 2.15B▲ 465.6% | -1.65B▼ 177.1% | -462.77M▲ 72.0% | -411.2M▲ 11.1% | -72.74M▲ 82.3% | 0▲ 0% |
| Free Cash Flow | -452.81M▲ 0% | -679.88M▼ 50.1% | -612.49M▲ 9.9% | -1.64B▼ 167.1% | -466.69M▲ 71.5% | -238.66M▲ 48.9% | -148.59M▲ 37.7% | 0▲ 0% |
| FCF Margin % | -145.74% | -167.36% | -47.32% | -74.89% | -87.88% | -139.6% | -78.53% | - |
| FCF Growth % | - | -50.15% | 9.91% | -167.11% | 71.47% | 48.86% | 37.74% | - |
| FCF per Share | -486.64 | -73.07 | -63.96 | -165.57 | -46.41 | -26.02 | -18.49 | -18.49 |
| FCF Conversion (FCF/Net Income) | 0.64x | 0.65x | 0.39x | 1.04x | 2.61x | 0.68x | 0.72x | -0.00x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
YQ Key Ratios
17 Education & Technology Group Inc. (YQ) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -64.91% | -100.79% | -22.84% | -49.76% | -43.46% | -45.82% |
| Return on Invested Capital (ROIC) | - | - | - | - | -182.4% | -85.48% | -85.48% |
| Gross Margin | 57.3% | 61.71% | 59.8% | 61.17% | 47.21% | 36.58% | 43.38% |
| Net Margin | -237.38% | -103.52% | -66.01% | -33.46% | -182.37% | -101.96% | -159.29% |
| Debt / Equity | - | 0.09x | 0.18x | 0.03x | 0.04x | 0.03x | 0.03x |
| Interest Coverage | -2062.08x | -456.11x | - | - | - | - | - |
| FCF Conversion | 0.65x | 0.39x | 1.04x | 2.61x | 0.68x | 0.72x | -0.00x |
| Revenue Growth | 30.75% | 218.62% | 68.77% | -75.69% | -67.81% | 10.67% | -48.15% |
YQ Frequently Asked Questions
17 Education & Technology Group Inc. (YQ) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
17 Education & Technology Group Inc. (YQ) reported $103.7M in revenue for fiscal year 2024. This represents a 67% decrease from $310.7M in 2018.
17 Education & Technology Group Inc. (YQ) grew revenue by 10.7% over the past year. This is steady growth.
17 Education & Technology Group Inc. (YQ) reported a net loss of $165.2M for fiscal year 2024.
Dividend & Returns
17 Education & Technology Group Inc. (YQ) has a return on equity (ROE) of -43.5%. Negative ROE indicates the company is unprofitable.
17 Education & Technology Group Inc. (YQ) had negative free cash flow of $148.6M in fiscal year 2024, likely due to heavy capital investments.
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17 Education & Technology Group Inc. (YQ) financial analysis — history, returns, DCA and operating performance tools
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