高途 Gaotu Techedu Inc.（GOTU）2025年第一季度未经审计财务业绩报告「NYSE」（英文版）（11页）.pdf

1、 Gaotu Techedu Announces First Quarter 2025 Unaudited Financial Results and a New Share Repurchase Program Beijing,China,May 15,2025 Gaotu Techedu Inc.(NYSE:GOTU)(“Gaotu”or the“Company”),a leading technology-driven education company in China focused on enabling lifelong learning through AI-powered s

2、olutions,today announced its unaudited financial results for the first quarter ended March 31,2025.First Quarter 2025 Highlights1 Net revenues were RMB1,493.0 million,increased by 57.7%from RMB946.9 million in the same period of 2024.Gross billings2 were RMB888.7 million,increased by 21.8%from RMB72

3、9.4 million in the same period of 2024.Income from operations was RMB34.8 million,compared with loss from operations of RMB77.7 million in the same period of 2024.Net income was RMB124.0 million,compared with net loss of RMB12.3 million in the same period of 2024.Non-GAAP net income was RMB137.3 mil

4、lion,increased by 4,419.2%from RMB3.0 million in the same period of 2024.Net operating cash outflow was RMB477.2 million,compared with RMB197.4 million in the same period of 2024.First Quarter 2025 Key Financial and Operating Data(In thousands of RMB,except for percentages)For the three months ended

5、 March 31,2024 2025 Pct.Change Net revenues 946,885 1,493,043 57.7%Gross billings 729,360 888,725 21.8%(Loss)/income from operations (77,702)34,773 (144.8)%Net(loss)/income (12,297)123,991 (1,108.3)%Non-GAAP net income 3,039 137,339 4,419.2%Net operating cash outflow (197,435)(477,236)141.7%1 For a

6、reconciliation of non-GAAP numbers,please see the table captioned Reconciliations of non-GAAP measures to the most comparable GAAP measures at the end of this press release.Non-GAAP income(loss)from operations and non-GAAP net income(loss)exclude share-based compensation expenses.2 Gross billings is