YQ revenueFY2025CN¥106.02M
- FY YoY
- -44.0%
- 5Y CAGR
- -39.4%
YQ revenue was CN¥106.02M for fiscal 2025 (ended Dec 31, 2025), down 44.0% from fiscal 2024. Compound annual growth was -39.4% over 5 years. It rose in 4 of the last 7 fiscal years.
Financials · YQ
17 Education & Technology Group Inc. (YQ) financials
For fiscal 2025 (ended Dec 31, 2025), 17 Education & Technology Group Inc. reported CN¥106.02M of revenue and -CN¥154.42M of net income. Figures are in CNY, the currency of its SEC filings.
- Revenue, FY2025
- CN¥106.02M
- Revenue growth, YoY
- -44.0%
- Net income, FY2025
- -CN¥154.42M
- Net margin
- -145.6%
- Free cash flow, FY2025
- CN¥30.46M
- EPS, diluted, FY2025
- -CN¥0.31
- Cash
- CN¥246.45M
FY2018FY2025
FY2018FY2025
FY2018FY2025
YQ revenue and earnings growth
YQ net incomeFY2025-CN¥154.42M
YQ net income was -CN¥154.42M for fiscal 2025 (ended Dec 31, 2025), compared with -CN¥192.93M in fiscal 2024.
YQ EPSFY2025-CN¥0.31
YQ diluted EPS was -CN¥0.31 for fiscal 2025 (ended Dec 31, 2025), compared with -CN¥0.48 in fiscal 2024.
YQ free cash flowFY2025CN¥30.46M
YQ free cash flow was CN¥30.46M for fiscal 2025 (ended Dec 31, 2025), compared with -CN¥148.59M in fiscal 2024. Fiscal 2025 is the highest of the 8 fiscal years on file.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥106.02M | CN¥189.21M | CN¥170.96M | CN¥531.06M | CN¥2.18B | CN¥1.29B | CN¥406.25M | CN¥310.71M |
| Cost of revenue | CN¥55.40M | CN¥120.00M | CN¥90.26M | CN¥206.21M | CN¥878.24M | CN¥495.67M | CN¥173.48M | CN¥104.97M |
| Gross profit | CN¥50.63M | CN¥69.21M | CN¥80.70M | CN¥324.86M | CN¥1.31B | CN¥798.70M | CN¥232.77M | CN¥205.74M |
| Research and development | CN¥56.17M | CN¥72.00M | CN¥167.93M | CN¥235.85M | CN¥800.16M | CN¥614.77M | CN¥491.27M | CN¥398.63M |
| Selling, general and admin | CN¥74.97M | CN¥134.94M | CN¥154.26M | CN¥221.03M | CN¥445.44M | CN¥420.11M | CN¥157.79M | CN¥203.13M |
| Operating income | -CN¥163.55M | -CN¥213.81M | -CN¥342.75M | -CN¥211.15M | -CN¥1.47B | -CN¥1.33B | -CN¥1.00B | -CN¥699.51M |
| Interest expense | - | - | - | - | - | CN¥2.92M | CN¥485.0K | - |
| Pre-tax income | -CN¥154.42M | -CN¥192.93M | -CN¥311.78M | -CN¥177.87M | -CN¥1.44B | -CN¥1.34B | -CN¥963.75M | -CN¥656.07M |
| Income tax | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | - | - |
| Net income | -CN¥154.42M | -CN¥192.93M | -CN¥311.78M | -CN¥177.87M | -CN¥1.44B | -CN¥1.34B | -CN¥963.75M | -CN¥656.07M |
| EPS, basic | -CN¥0.31 | -CN¥0.48 | -CN¥0.68 | -CN¥0.35 | -CN¥2.92 | -CN¥44.68 | -CN¥27.25 | -CN¥18.50 |
| EPS, diluted | -CN¥0.31 | -CN¥0.48 | -CN¥0.68 | -CN¥0.35 | -CN¥2.92 | -CN¥44.68 | -CN¥27.25 | -CN¥18.50 |
| Diluted shares | 501.1M | 401.9M | 458.6M | 502.8M | 494.1M | 93.5M | 57.4M | 48.7M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | CN¥246.45M | CN¥234.14M | CN¥306.93M | CN¥718.13M | CN¥1.18B | CN¥2.84B | CN¥688.70M | CN¥1.28B |
| Short-term investments | CN¥160.47M | CN¥125.11M | CN¥169.76M | - | - | - | - | - |
| Receivables | CN¥42.58M | CN¥67.10M | CN¥59.21M | CN¥34.82M | - | - | - | - |
| Inventory | CN¥15.66M | CN¥0 | - | - | - | - | - | - |
| Current assets | CN¥550.68M | CN¥508.91M | CN¥630.73M | CN¥913.38M | CN¥1.34B | CN¥3.05B | CN¥757.62M | - |
| Total assets | CN¥590.52M | CN¥549.52M | CN¥684.53M | CN¥980.52M | CN¥1.58B | CN¥3.39B | CN¥918.29M | - |
| Current liabilities | CN¥294.21M | CN¥151.62M | CN¥180.60M | CN¥214.13M | CN¥683.06M | CN¥1.21B | CN¥680.70M | - |
| Short-term debt | - | - | - | - | - | - | CN¥85.00M | - |
| Total liabilities | CN¥303.89M | CN¥155.88M | CN¥190.26M | CN¥221.66M | CN¥783.38M | CN¥1.33B | CN¥702.64M | - |
| Shareholders' equity | CN¥286.63M | CN¥393.64M | CN¥494.27M | CN¥758.86M | CN¥797.04M | CN¥2.06B | -CN¥4.46B | -CN¥2.98B |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | CN¥37.33M | -CN¥139.22M | -CN¥212.07M | -CN¥463.93M | -CN¥1.51B | -CN¥522.99M | -CN¥631.29M | -CN¥418.87M |
| Capital expenditures | CN¥6.86M | CN¥9.37M | CN¥26.59M | CN¥2.76M | CN¥129.36M | CN¥89.50M | CN¥48.59M | CN¥33.95M |
| Free cash flow | CN¥30.46M | -CN¥148.59M | -CN¥238.66M | -CN¥466.69M | -CN¥1.64B | -CN¥612.49M | -CN¥679.88M | -CN¥452.81M |
| Investing cash flow | -CN¥41.60M | CN¥35.59M | -CN¥161.14M | -CN¥8.93M | -CN¥117.60M | -CN¥89.50M | -CN¥28.59M | -CN¥48.95M |
| Financing cash flow | CN¥25.46M | CN¥21.33M | -CN¥51.36M | -CN¥33.86M | CN¥952.0K | CN¥2.80B | CN¥84.45M | CN¥1.55B |
| Share repurchases | - | - | - | - | - | - | - | CN¥21.08M |
| Stock-based compensation | CN¥30.83M | CN¥61.92M | CN¥83.69M | CN¥129.56M | CN¥195.21M | CN¥356.04M | CN¥93.09M | CN¥123.53M |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -44.0% | 10.7% | -67.8% | -75.7% | 68.8% | 218.6% | 30.7% | - |
| Gross margin | 47.8% | 36.6% | 47.2% | 61.2% | 59.8% | 61.7% | 57.3% | 66.2% |
| Operating margin | -154.3% | -113.0% | -200.5% | -39.8% | -67.5% | -103.1% | -246.2% | -225.1% |
| Net margin | -145.6% | -102.0% | -182.4% | -33.5% | -66.0% | -103.5% | -237.2% | -211.2% |
| Free cash flow margin | 28.7% | -78.5% | -139.6% | -87.9% | -74.9% | -47.3% | -167.4% | -145.7% |
| Return on equity | -53.9% | -49.0% | -63.1% | -23.4% | -180.9% | -64.9% | - | - |
| Return on assets | -26.1% | -35.1% | -45.5% | -18.1% | -91.2% | -39.5% | -105.0% | - |
| Current ratio | 1.87 | 3.36 | 3.49 | 4.27 | 1.97 | 2.53 | 1.11 | - |
Source: XBRL data 17 Education & Technology Group Inc. files with the SEC, latest filing dated Apr 29, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
YQ peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| YQ | CN¥106.02M | -44.0% | -CN¥154.42M | -145.6% | $28.7M |
| SE | $22.94B | +36.4% | $1.58B | 6.9% | $47.75B |
| IT | $6.44B | -0.2% | $954.41M | 14.8% | $12.05B |
| RTO | $6.91B | +4.4% | $470.00M | 6.8% | $12.04B |
| SCI | $3.31B | +3.4% | $561.30M | 17.0% | $9.94B |
| EDU | $5.66B | +15.5% | $475.17M | 8.4% | $8.31B |
| HRB | $3.97B | +5.2% | -$325.44M | -8.2% | $6.25B |
| TAL | $3.01B | +33.7% | $530.75M | 17.6% | $5.66B |
| GHC | $5.12B | +4.3% | $496.96M | 9.7% | $5.07B |
YQ FAQ
9 questionsWhat is YQ revenue?
17 Education & Technology Group Inc. (YQ) reported CN¥106.02M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 44.0% from the year before.Is YQ profitable?
No. 17 Education & Technology Group Inc. reported a net loss of CN¥154.42M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does YQ have?
17 Education & Technology Group Inc. reported CN¥246.45M in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is YQ revenue growing?
17 Education & Technology Group Inc.'s revenue changed -44.0% in fiscal 2025, to CN¥106.02M. Its compound annual growth rate was -39.4% over 5 years.What is YQ gross margin?
17 Education & Technology Group Inc.'s gross profit was CN¥50.63M on CN¥106.02M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 47.8%.What is YQ free cash flow?
17 Education & Technology Group Inc. generated CN¥30.46M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of CN¥37.33M less capital expenditures.What is YQ earnings per share?
Diluted earnings per share were -CN¥0.31 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did YQ last report financial results?
The latest statements here come from 17 Education & Technology Group Inc.'s 20-F filed on Apr 29, 2026, covering the period ended Dec 31, 2025.Where does this YQ financial data come from?
Quantisnow builds these statements from the structured XBRL data 17 Education & Technology Group Inc. files with the SEC. It is provided for information only and is not investment advice.