Gaotu Techedu
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Gaotu Techedu (GOTU) investor relations material

Gaotu Techedu Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary27 Aug, 2026

Executive summary

  • Net revenues for Q2 2026 rose 20.2% year-over-year to nearly CNY 1.7 billion (RMB1,670.1 million), driven by strong market demand, improved product recognition, and a tech-driven, learner-focused strategy.

  • Gross billings increased 19.4% year-over-year to approximately CNY 2.7 billion (RMB2,689.1 million), reflecting robust sales of course offerings.

  • Focus on profitable growth, user value, and AI-driven operational efficiency led to improved unit economics, higher retention rates, and enhanced user experience.

  • Maintained a solid cash position and continued share repurchases, reflecting confidence in long-term prospects.

  • Net loss narrowed to RMB135.8 million from RMB216.0 million in Q2 2025, with non-GAAP net loss at RMB129.1 million.

Financial highlights

  • Gross profit for Q2 2026 was over CNY 1.1 billion (RMB1,110.8 million), up 21.2% year-over-year, with a gross margin of 66.5%.

  • Adjusted operating loss and net loss narrowed by 38.5% and 37.6% year-over-year, respectively.

  • Net operating cash inflow surged 46.3% year-over-year to CNY 861.2 million (RMB861.2 million).

  • Cash, cash equivalents, and investments totaled nearly CNY 4.0 billion (RMB3,992.9 million) as of June 30, 2026.

  • Non-GAAP net income for Q2 2026 was RMB41.4 million, a significant improvement from a loss in the prior year.

Outlook and guidance

  • Q3 2026 net revenues are projected between CNY 1,838 million and CNY 1,858 million (RMB1,838–1,858 million), up 16.4% to 17.7% year-over-year.

  • Focus remains on profitable growth, disciplined resource allocation, and sustainable expansion, leveraging AI and big data analytics.

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Frequently asked questions

Gaotu Techedu Inc is a China-based online education company offering K-12 tutoring services, vocational education, and digital learning content. The company provides live courses and learning tools through web and mobile platforms. Its operations focus on academic performance and professional development. Gaotu Techedu Inc is headquartered in Beijing, China, and its shares are listed on the NYSE.