Gaotu Techedu Inc. (GOTU)
Gaotu Techedu Inc. operates as a tech-focused educational enterprise, delivering online K-12 supplementary instruction across the People's Republic of China. Its curriculum for students from kindergarten through twelfth grade encompasses a broad spectrum of academic disciplines, such as mathematics, English language, Chinese language, physics, chemistry, biology, history, geography, and political studies. Beyond K-12, the firm extends its educational offerings to include foreign language instruction in English and Japanese. It also offers specialized English preparation for post-graduate entrance examinations. Furthermore, Gaotu Techedu caters to working professionals with courses designed for various certification and qualification assessments, including those for teaching, Chartered Financial Analyst (CFA), and securities licenses, among others. Admission-focused programs are also available for tests like the national graduate entrance exam and civil service examinations. An interactive learning platform, the Gaotu App, serves diverse student populations. Moreover, the company delivers offline business consulting, aiming to bolster the management capabilities of leaders and administrators within private educational organizations. It also engages in the development and sale of intelligent devices, such as multi-functional translation pens, alongside educational aids like smart learning machines. Initially established in 2014, the firm was formerly recognized as GSX Techedu Inc., before rebranding to Gaotu Techedu Inc. in June 2021. Its main operational base is situated in Beijing, People's Republic of China.
Sector: Services-Educational Services
Industry: Education & Training Services
Gaotu Techedu Inc.
NYSE:GOTUConsumer Defensive · Education & Training Services
+2.76%$2.61
AH Close$2.61+0.00%vs close
AH Close$2.61+0.00%vs close
Mkt Cap$613.5M
Float74.56M
O/S235.06M
Inst Own5.8%
SI2.5%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$921.81M
Net Income-$48.49M
Total Assets$930.34M
Free Cash Flow$36.98M
Debt & Equity
Debt 32%
Equity 68%
Total Debt$87.83M
Total Equity$188.14M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in GOTU's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$930.34M
Liabilities$742.2M
Accounts Receivable$34.25M
Accounts Payable$0
Inventory$8.25M
PP&E (Net)$222.97M
Goodwill$1.66M
Intangible Assets$18.07M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Revenue | $921.81M | $682.88M | $444.02M | $374.65M | $984.05M | $1.07B | $317.16M | $59.58M | $14.63M |
| YoY Growth | 35.0% | 53.8% | 18.5% | -61.9% | -7.9% | 236.9% | 432.3% | 307.2% | - |
| Cost of Revenue | $300.19M | $218.19M | $118.51M | $105.13M | $359.56M | $264.32M | $80.37M | $21.41M | $3.75M |
| Gross Profit | $621.63M | $464.69M | $325.52M | $269.52M | $624.48M | $804.15M | $236.79M | $38.17M | $10.88M |
| Gross Margin | 67.4% | 68.0% | 73.3% | 71.9% | 63.5% | 75.3% | 74.7% | 64.1% | 74.4% |
| Research and Development | $94.02M | $97.19M | $69.29M | $66.75M | $187.89M | $110.14M | $31.82M | $11.11M | $7.87M |
| Selling, General, and Administrative | $603.06M | $544.74M | $278.57M | $220.47M | $877.24M | $957.21M | $172.61M | $24.2M | $16.88M |
| Other | $0 | $0 | $0 | $0 | $36.31M | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $697.08M | $641.93M | $347.87M | $287.22M | $1.1B | $1.07B | $204.44M | $35.3M | $24.74M |
| Operating Income (EBIT) | -$75.46M | -$177.24M | -$22.35M | -$17.7M | -$476.95M | -$263.2M | $32.35M | $2.87M | -$13.86M |
| Operating Margin | -8.2% | -26.0% | -5.0% | -4.7% | -48.5% | -24.6% | 10.2% | 4.8% | -94.7% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $5.82M | $10.56M | $11.37M | $3.2M | $4.72M | $506K | $1.33M | $329K | $28K |
| Other Income (Expense) | $26.36M | $21.22M | $22.85M | $17.32M | $17.67M | $49.11M | $4.18M | $467K | $128K |
| Income Before Tax (EBT) | -$49.1M | -$156.01M | $504K | -$380K | -$459.28M | -$214.09M | $36.53M | $3.34M | -$13.73M |
| Income Tax Expense | -$617K | $1.29M | $1.6M | -$2.36M | $6.14M | -$5.19M | $2.54M | $392K | -$693K |
| Net Income | -$48.49M | -$157.31M | -$1.09M | $1.98M | -$465.42M | -$208.89M | $33.99M | $2.95M | -$13.04M |
| Net Income Margin | -5.3% | -23.0% | -0.2% | 0.5% | -47.3% | -19.6% | 10.7% | 4.9% | -89.1% |
| Supplementary Data | |||||||||
| EPS | -0.84 | -2.76 | -0.02 | 0.03 | -7.97 | -3.67 | 0.63 | -0.06 | -0.34 |
| Diluted EPS | -0.84 | -2.76 | -0.02 | 0.03 | -7.97 | -3.67 | 0.60 | -0.06 | -0.34 |
| Weighted Average OS | 367.02M | 385.68M | 386.83M | 387.57M | 384.28M | 359.38M | 297.90M | 356.92M | 356.92M |
| EBITDA | -$32.18M | -$146.27M | $8.64M | $10.23M | -$423.76M | -$254.62M | $34.16M | $3.5M | -$13.12M |
| EBITDA Margin | -3.5% | -21.4% | 1.9% | 2.7% | -43.1% | -23.8% | 10.8% | 5.9% | -89.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $106.85M | $198.12M | $95.39M | $122.96M | $109.32M | $53.27M | $11.09M | $4.99M | $2.89M |
| Short-Term Investments | $406.49M | $276.73M | $338.01M | $438.48M | $416.01M | $1.1B | $220.97M | $29.69M | $1.2M |
| Cash and Short-Term Investments | $513.34M | $474.85M | $433.4M | $561.44M | $525.33M | $1.15B | $232.06M | $34.68M | $4.09M |
| Accounts Receivable | $34.25M | $22.26M | $10.75M | $3.68M | $7.49M | $1.74M | $3.98M | $3.76M | $3.06M |
| Inventory | $8.25M | $5.46M | $3.69M | $3.42M | $2.34M | $7.21M | $1.32M | $3.48M | $0 |
| Other Current Assets | $41.5M | $1.62M | $78.34M | $30.29M | $41.6M | $55.27M | $16.97M | $929K | $0 |
| Total Current Assets | $597.33M | $545.85M | $537.89M | $624.83M | $590.39M | $1.27B | $271.28M | $42.11M | $7.85M |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $222.97M | $176.04M | $108.46M | $95.33M | $155.05M | $226.59M | $52M | $2.52M | $1.07M |
| Goodwill | $1.66M | $50K | $50K | $50K | $50K | $6.54M | $50K | $50K | $0 |
| Intangible Assets | $18.07M | $6.56M | $6.42M | $6.94M | $4.24M | $6.33M | $15K | $36K | $3.06M |
| Long-Term Investments | $82.78M | $138.38M | $154.41M | $0 | $0 | $79.59M | $178.2M | $783K | $1.14M |
| Deferred Tax Assets | $0 | $0 | $0 | $2.35M | $0 | $7.25M | $4.61M | $4.69M | $5.09M |
| Other Long-Term Assets | $7.53M | $7.14M | $4.6M | $1.75M | $3.81M | $7.91M | $2.91M | $535K | $17K |
| Total Long-Term Assets | $333.01M | $328.17M | $273.93M | $106.43M | $163.15M | $334.21M | $237.79M | $8.61M | $7.63M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $930.34M | $874.02M | $811.82M | $731.27M | $753.53M | $1.6B | $509.07M | $50.72M | $15.48M |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $9.26M | $11.36M | $269K | $12.87M | $698K | $2.41M | $1.07M | $199K |
| Current Unearned Revenue | $343.54M | $0 | $0 | $136.01M | $148.02M | $408.6M | $199.75M | $39.49M | $6.87M |
| Other Current Liabilities | $258.02M | $300.26M | $105.64M | $9.25M | $12.73M | $19M | $9.21M | $36.61M | $4.8M |
| Total Current Liabilities | $637.09M | $488.98M | $295.93M | $241.33M | $263.98M | $629.47M | $245.53M | $53.38M | $23.25M |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $4.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $41.51M | $32.81M | $18.62M | $7.86M | $1.38M | $1.37M | $851K | $1.31M | $73K |
| Long-Term Deferred Tax Liabilities | $11.29M | $10.59M | $10.79M | $11.17M | $10.74M | $11.8M | $4K | $9K | $0 |
| Other Long-Term Liabilities | $1 | $0 | $0 | $0 | $3.99M | $3.99M | $0 | $69.89M | $64.06M |
| Total Long-Term Liabilities | $105.11M | $95.08M | $50.05M | $25.66M | $57.51M | $113.76M | $29.98M | $71.21M | $64.13M |
| Other Liabilities | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $742.2M | $584.06M | $345.98M | $266.99M | $321.49M | $743.23M | $275.52M | $124.58M | $87.38M |
| Stockholders' Equity | |||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $69.89M | $64.06M |
| Common Stock | $17K | $17K | $17K | $17K | $17K | $17K | $16K | $9K | $9K |
| Retained Earnings | -$930.65M | -$871.67M | -$721.89M | -$719.32M | -$721.29M | -$255.88M | -$40.93M | -$74.05M | -$72.04M |
| Comprehensive Income & Other | $2.7M | -$425K | $2.55M | -$3.55M | -$15.41M | -$2.93M | $2.67M | $175K | $139K |
| Other Stockholders' Equity | $1.12B | $1.16B | $1.19B | $1.18B | $1.15B | $1.12B | $274.46M | $175K | $139K |
| Total Equity | $188.14M | $289.96M | $465.84M | $464.27M | $432.05M | $859.29M | $233.55M | -$73.86M | -$71.9M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $930.34M | $874.02M | $811.82M | $731.27M | $753.53M | $1.6B | $509.07M | $50.72M | $15.48M |
| Supplementary Data | |||||||||
| Total Debt | $87.83M | $73.82M | $28.22M | $12.38M | $53.4M | $119.49M | $38.12M | $0 | $0 |
| Net Debt | -$19.02M | -$124.3M | -$67.17M | -$110.58M | -$55.92M | $66.22M | $27.03M | -$4.99M | -$2.89M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Operating Activities | |||||||||
| Net Income | -$48.49M | -$157.31M | -$1.09M | $13.54M | -$465.42M | -$208.89M | $33.99M | $2.95M | -$13.04M |
| Depreciation & Amortization | $16.92M | $9.74M | $8.13M | $10.61M | $16.88M | $8.58M | $1.81M | $632K | $739K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | -$2.64M | $82K | $0 | $0 |
| Stock-Based Compensation | $5.88M | $7.98M | $8.75M | $126.04M | $48.12M | $35.76M | $9.03M | $887K | $868K |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $96.48M | $178.97M | $38.62M | -$104.43M | -$254.55M | $265.12M | $149.82M | $31.93M | $3.79M |
| Total Working Capital Change | $96.48M | $178.97M | $38.62M | -$104.43M | -$254.55M | $265.12M | $149.82M | $31.93M | $3.79M |
| Other Non-Cash Items | -$8.4M | -$697K | -$1.37M | $10.3M | $27.23M | -$7.46M | -$2.02M | -$127K | $200K |
| Net Cash from Operating | $62.4M | $38.69M | $53.04M | $56.05M | -$627.73M | $90.47M | $192.72M | $36.27M | -$7.44M |
| Investing Activities | |||||||||
| Capital Expenditures | -$25.42M | $0 | -$6.12M | -$19.47M | -$40.84M | -$42.6M | -$9.19M | -$1.82M | -$55K |
| Acquisitions | -$4.83M | $0 | $0 | -$15.41M | $832K | -$16.28M | $0 | $483K | $8K |
| Purchases of Investments | -$2.12B | $0 | -$3.06B | -$30.13B | -$6.9B | -$2.61B | -$1.48B | -$63.4M | -$3.92M |
| Sales of Investments | $2.05B | $0 | $3.02B | $30.06B | $7.66B | $1.83B | $1.11B | $34.93M | $2.71M |
| Other Investing Activities | -$24.13M | $93.1M | -$15.16M | -$57.54M | $1.34M | $1K | $39K | $300 | -$262K |
| Net Cash from Investing | -$122.79M | $93.1M | -$63.58M | -$162.75M | $721.72M | -$839.26M | -$375.6M | -$29.8M | -$1.52M |
| Financing Activities | |||||||||
| Debt Repaid | -$4.38M | - | - | - | - | - | - | -$144K | -$8.93M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $852.9M | $204.98M | $0 | $0 |
| Common Stock Repurchases | -$51.49M | -$30.79M | -$13.57M | $0 | $0 | -$42.37M | -$13.01M | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $2K | $0 | -$15.09M | -$19.89M | -$5.11M | -$4.38M | -$450K |
| Net Cash from Financing | -$32.11M | -$30.79M | -$13.57M | $0 | -$15.09M | $790.64M | $186.87M | -$4.38M | $8.48M |
| Forex Effect | $377K | -$2.57M | $1.62M | $27.38M | $2.37M | $328K | $2.12M | $1K | -$6K |
| Net Change in Cash | -$92.13M | $98.44M | -$22.49M | -$79.32M | $81.27M | $42.18M | $6.1M | $2.09M | -$494K |
| Supplementary Data | |||||||||
| Operating Cash Flow | $62.4M | $38.69M | $53.04M | $56.05M | -$627.73M | $90.47M | $192.72M | $36.27M | -$7.44M |
| Capital Expenditure | -$25.42M | -$26.73M | -$6.12M | -$19.47M | -$40.84M | -$42.6M | -$9.19M | -$1.82M | -$55K |
| Free Cash Flow | $36.98M | $11.97M | $46.92M | $36.57M | -$668.57M | $47.87M | $183.53M | $34.45M | -$7.5M |
| Cash at Beginning | $198.91M | $100.47M | $122.96M | $921.86M | $53.27M | $11.09M | $4.99M | $2.89M | $3.39M |
| Cash at End | $106.78M | $198.91M | $100.47M | $842.54M | $134.54M | $53.27M | $11.09M | $4.99M | $2.89M |