NYSE$GOTU
Gaotu Techedu Inc. · Q1 2026 earnings
Q1 2026 earnings · · Before market open · Investor relations
Briefing
Gaotu Techedu reported Q1 2026 net revenues of RMB1.69 billion, up 13.2% year-over-year.
Gaotu Techedu Inc. announced unaudited financial results for the first quarter ended March 31, 2026, showing revenue growth driven by increased gross billings and demand for AI-powered education services. Net income declined significantly due to higher operating expenses, while the company maintained a strong cash position and continued share repurchases. Forward guidance indicates continued revenue growth in Q2 2026.
- Net revenues rose 13.2% YoY to RMB1,689.5 million, supported by 12.1% growth in gross billings to RMB996.3 million.
- Net income fell 72.2% YoY to RMB34.5 million, with income from operations at RMB6.9 million.
- Non-GAAP net income was RMB41.4 million; net operating cash outflow widened to RMB828.4 million.
- Cash, restricted cash, and investments totaled RMB3,264.8 million as of March 31, 2026; Q2 2026 revenue guidance is RMB1,578-1,598 million (up 13.6-15.0% YoY).
Headline financials
Revenue & EPS history
Gaotu · Revenue · Quarterly
¥1.69B
Forward guidance
Q2 2026 net revenues expected between RMB1,578 million and RMB1,598 million, representing 13.6% to 15.0% YoY growth.
Tailwinds
- Continued revenue growth expected from strong market demand and AI integration.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2026
-2.2%
Avg return
Earnings day
-1.8%
Avg return
5 days after
+7.1%
Avg return
30 days after
28%
8 / 29 earnings
Positive
+34.7%
Q4 2021
Best reaction
-33.8%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -10.4% | -17.6% | — | |
| Q4 2025 | +0.0% | -4.1% | -13.2% | |
| Q3 2025 | -8.1% | -7.3% | -10.3% | |
| Q2 2025 | -0.3% | +3.2% | -13.2% | |
| Q1 2025 | +0.3% | +0.3% | +2.1% | |
| Q3 2024 | -14.4% | -11.7% | -28.2% | |
| Q2 2024 | -33.8% | -22.1% | -9.1% | |
| Q1 2024 | -19.9% | -23.8% | -40.7% | |
| Q4 2023 | +28.6% | +36.2% | +10.3% | |
| Q3 2023 | -7.4% | -10.3% | +23.9% | |
| Q2 2023 | -17.9% | -16.2% | -21.4% | |
| Q1 2023 | -5.2% | +12.0% | +16.9% | |
| Q4 2022 | -0.9% | +47.0% | +25.1% | |
| Q3 2022 | +0.0% | -0.9% | +270.8% | |
| Q2 2022 | +0.0% | -6.1% | -27.6% | |
| Q1 2022 | +21.2% | +35.6% | +40.9% | |
| Q4 2021 | +34.7% | +6.9% | +20.8% | |
| Q3 2021 | -12.4% | -16.5% | +0.0% | |
| Q2 2021 | +25.6% | +28.0% | +36.2% | |
| Q1 2021 | -3.9% | -7.1% | -26.9% | |
| Q4 2020 | +2.4% | -3.5% | -61.7% | |
| Q3 2020 | -10.4% | -12.7% | -16.0% | |
| Q2 2020 | -16.8% | -15.5% | -1.7% | |
| Q1 2020 | +3.0% | -0.1% | +2.1% | |
| Q4 2018 | -13.7% | -21.8% | -4.5% | |
| Q4 2017 | -13.7% | -21.8% | -4.5% | |
| Q4 2019 | +30.4% | +23.8% | +19.4% | |
| Q3 2019 | -6.0% | -5.6% | +17.4% | |
| Q2 2019 | -15.2% | -20.1% | -8.8% | |
| Q1 2019 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro