Youdao, Inc. · NYSE:DAO
Youdao — Q2 2025 Earnings Presentation
17 slides from Youdao's earnings presentation, Aug 14, 2025
Slide 1: Investor Relations
Investor Relations, February 23, 2023
Slide 2: Forward-looking statements
This presentation contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-l
Slide 3: Net Revenues: 7.2% YoY Growth in 2Q25
Net Revenues: 7.2% YoY Growth in 2Q25 RMB Millions 1,572.5 1,417.5 1,321.7 1,339.8 1,298.3 489.3 481.7 632.9 511.2 505.4 315.3 166.7 240.4 190.5 126.8 767.9 657.8 643.8 617.7 602.4 Learning Services Smart Devices Online Marketing Services
Slide 4: First-ever Profitable Second Quarter in 2Q25
First-ever Profitable Second Quarter in 2Q25 (Loss) / Income from Operations RMB Millions 107.3 84.2 104.0 28.8 (72.6)
Slide 5: Operating Cash Flow: Net inflow of RMB185.0 million in 2Q25
Operating Cash Flow: Net inflow of RMB185.0 million in 2Q25 RMB Millions 250.2 158.2 185.0 (85.4) (255.5)
Slide 6: 2025 Operating Strategy
2025 Operating Strategy AI + Learning Services AI AI + + Online Smart Marketing Devices Services
Slide 7: AI Strategy
AI Strategy Note: LLM stands for Large Language Model.
Slide 8: Youdao's Position
Youdao’s Position Youdao is strategically positioned as an AI-powered solutions provider specializing in artificial intelligence applications for the learning and advertising verticals.
Slide 9: Digital Content Services: Youdao Lingshi
Digital Content Services: Youdao Lingshi Learning diagnosis Sophisticated and Differentiated Products Personalized learning path • AI + pre-recorded & tiered learning + comprehensive services recommendation Watch learning points video (tiered learning) AI Essay Grading Launched in 2Q25 • Powered by
Slide 10: AI-driven Subscription
AI-driven Subscription Youdao Dictionary Youdao Desktop Translation Hi Echo Mr. P AI Tutor U-Dictionary iRecord LectMate iArch Baby Genius One Translate Translator Youdao AI Podcast Assistant Youdao Dictionary: Named among “China’s Top 50 Most Valuable AGI Innovators in 2025” iRecord: An audio trans
Slide 11: Online Marketing Services
MH Online Marketing Services RMB632.9 million in 2Q25, up 23.8% year-over-year Real-time diagnostics across ad delivery Automated monitoring of traffic requests, clicks, and conversions Significant service quality improvement Fi youdao AI Ad Placement Optimizer Enable end-to-end AI decision-making >
Slide 12: Solid Advertising Client Base in Gaming Industry
Solid Advertising Client Base in Gaming Industry
Slide 13: Advertising Large Language Model
Advertising Large Language Model
Slide 14: Smart Devices
Wi Smart Devices Net revenues: RMB126.8 million in 2Q25 Business health improved in 2Q25 Maintained market leadership > Secured No. 1 sales rank on JD.com & Tmall during 618 Shopping Festival for 6th consecutive year Launched Youdao Dictionary Pen S7 Pro & A7 in 2Q25 to expand mid-market coverage {8
Slide 15: Summary of Key Financial Information
Summary of Key Financial Information (in RMB’000) Key Keybalance sheet balance items sheet items June June 30, 30, 20232025 December December 31, 2024 31, 2022 Cash Assets* 613,847 659,352 Accounts Receivable, Net 329,523 418,644 Inventories 166,288 174,741 Total Current Assets 1,573,283 1,486,768 T
Slide 16: Summary of Key Financial Information
Summary of Key Financial Information (in RMB’000, except for percentages) Key Income Statement Items 2Q25 1Q25 2Q24 Net Revenues 1,417,541 1,298,262 1,321,721 Learning Services 657,838 602,414 643,762 Smart Devices 126,821 190,498 166,722 Online Marketing Services 632,882 505,350 511,237 Cost of Rev
Slide 17: Thank You
THANK YOU