$DAO

Shum Heung Yeung sold 21,198 shares of Youdao, Inc. (DAO) across 4 trades over 2026-08-31 to 2026-09-01.

Youdao (DAO) reported Q2 2026 revenue of RMB 1.5 billion, up 3.5% YoY. Learning services revenue grew 20.9%, while smart devices revenue fell 31.5%. Net income was RMB 73.8 million, reversing last year's loss. Management highlighted AI-driven growth and cost pressures in smart devices.

Youdao (NYSE: DAO) shares rose 1.86% premarket after Q2 earnings of RMB0.76 per ADS beat estimates, though revenue of RMB1.47B missed forecasts. Profitability improved with net income of RMB73.8M and gross margin expansion to 48.9%. Learning services revenue grew 20.9%, while smart devices and online marketing declined.

Youdao, Inc. (DAO) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 For investor and media inquiries, please contact: In China: Jeffrey Wang Youdao, Inc. Tel: +86-10-8255-8163 ext. 89980 E-mail: IR@rd.netease.com Piacente Financial Communications Helen Wu Tel: +86-10-6508-0677 E-mail: youdao@thepiacentegroup.com In the United States:

Youdao (NYSE: DAO) reported Q2 2026 revenue of RMB1.5B (US$216.2M), up 3.5% YoY. Learning services revenue grew 20.9%, while smart devices and online marketing services declined 31.5% and 7.7%, respectively. Gross margin improved to 48.9% from 43.0%. Net income was RMB73.8M (US$10.9M), a turnaround from a loss in Q2 2025. CEO Dr. Feng Zhou highlighted sustainable growth and AI-driven progress.

Li Yongwei (Vice President) sold 6,300 shares of Youdao, Inc. (DAO) across 2 trades over 2026-06-29 to 2026-06-30.

Lai Jimmy Y. sold 3,997 shares of Youdao, Inc. (DAO) on 2026-05-28.

Youdao, Inc. (NYSE:DAO) reported its Q1 2026 earnings, demonstrating a solid start to the year with net revenues up 3.8% year-over-year to RMB 1.3 billion and their seventh consecutive quarter of operating profitability. The company highlighted strong advancements in AI, including the release of Confucius 4 and EmotiVoice 2, which are integral to their learning services and marketing strategies. Despite a decrease in smart device revenue, Youdao remains focused on its AI-native strategy to drive sustainable growth, profitability, and cash flow improvements throughout 2026.

Youdao (NYSE:DAO) saw its stock price jump 7.9% intraday on Friday, although trading volume was significantly lower than average. This surge comes despite mixed analyst ratings, with Citigroup upgrading the stock to "Buy" while Weiss Ratings maintained a "Sell" rating. The company recently beat earnings estimates but still faces challenges with a high P/E ratio and negative return on equity.

Youdao Inc. reported solid top-line acceleration, record AI-driven subscription growth, and its first full year of positive operating cash flow for 2025. Despite challenges in smart device sales and marketing margins, the company is optimistic about sustained momentum into 2026 due to its AI-native strategy and diversified revenue. Management projects double-digit growth for Learning Services and continued acceleration in Online Marketing, alongside scaling AI subscriptions and improving profitability.