Loading the section…

YQ: financial statements from SEC — TradeAlmanac

YQ

17 Education & Technology Group Inc.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Revenue	106M	189M	171M	531M
Cost of revenue	55M	16M	90M	206M
Gross profit	51M	69M	81M	325M
Research and development	56M	10M	168M	236M
Selling, general and administrative	75M	135M	154M	221M
Operating expenses	214M	39M	423M	536M
Operating income	−164M	−29M	−343M	−211M
Pre-tax income	−154M	−193M	−312M	−178M
Net income	−154M	−193M	−312M	−178M
Earnings per share	−0.31	−0.48	−0.68	−0.35
Earnings per share, diluted	−0.31	−0.07	−0.68	−0.35
Weighted average shares	501M	402M	459M	503M
Weighted average shares, diluted	501M	402M	459M	503M

Balance sheet

Metric	19/08/2026	18/08/2026	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Cash and equivalents	—	—	246M	234M	307M	708M	1.18B
Short-term investments	—	—	160M

Cash flow

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Operating cash flow	37M	−19M	−212M	−464M
Depreciation and amortisation	10M	2M	16M	25M
Share-based compensation	31M	62M	84M	130M
Capital expenditure

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator