Youdao, Inc. (DAO) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q4'21 | Q4'20 | Q3'20 | Q2'20 | Q4'19 | Q3'19 |
|---|
| Cash from Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.79B | 129.22M | 0 | 0 | -29.4M | -142.07M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -456.92% | 11.68% | - | - | -7.16% | -41.07% |
| Operating CF Growth % | - | - | - | - | - | - | - | - | - | - | - | - | 100% | - | -3808.39% | 539.54% | 100% | - | - | - |
| Net Income | 48.25M | 120K | -17.76M | 76.74M | 83M | 86.25M | -99.47M | 12.43M | 56.48M | -103.71M | -308.65M | -204.35M | 11.84M | -191.65M | 3.55B | -447.93M | -877.8M | -257.81M | -202.88M | -230.68M |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 161.14M | 4.79M | 0 | 0 | 3.25M | 2.76M |
| Stock-Based Compensation | 9.35M | 9.35M | 6.58M | 5.23M | 8.78M | 2.41M | 3.51M | 7.9M | 2.8M | 0 | 0 | 10.5M | 0 | 0 | 366.19M | 14.68M | 0 | 0 | 19.58M | 3.37M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -57.06M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -57.6M | -9.47M | 11.18M | -81.97M | -91.78M | -88.66M | 95.97M | -20.33M | -59.28M | 103.71M | 308.65M | 193.86M | -11.84M | 191.65M | -5.37B | 18.03M | 877.8M | 257.81M | 7.39M | -5.88M |
| Working Capital Changes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.44B | 539.67M | 0 | 0 | 143.27M | 88.36M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -243.98M | 63.17M | 0 | 0 | -37.08M | 1.91M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -572.83M | -56.72M | 0 | 0 | -23.57M | -20.13M |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -61.6M | 22.13M | 0 | 0 | 15.16M | 12.72M |
| Cash from Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.67B | 420.05M | 0 | 0 | -1.36B | 144.02M |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 101.26M | -15.91M | 0 | 0 | -4.45M | -4.4M |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.65% | 1.44% | - | - | 1.08% | 1.27% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 203.64M | -31.99M | 0 | 0 | -2M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.67M | 733K | 0 | 0 | 387K | 1.1M |
| Cash from Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -47.27M | 7.42M | 0 | 0 | 1.51B | -811K |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -47.27M | 7.42M | 0 | 0 | 1.51B | -811K |
| Net Change in Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 126.41M | -323.6M | 45.71M | 0 | -126.91M | -383.23M | -7.35B | 531.22M | 0 | 0 | 118.44M | 2.57M |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.69B | 113.32M | 0 | 0 | -33.85M | -146.47M |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -447.26% | 10.24% | - | - | -8.25% | -42.34% |
| FCF Growth % | - | - | - | - | - | - | - | - | - | - | - | - | 100% | - | -4239.59% | 434.74% | 100% | - | - | - |
| FCF per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -38.08 | 0.99 | - | - | -0.32 | -1.31 |
| FCF Conversion (FCF/Net Income) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 288.46x | -0.29x | - | - | 0.15x | 0.61x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3M | 0 | 0 | 3.58M | 22.8M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.82M | 0 | 0 | 1.78M | 1.27M |