Gaotu Techedu expects Q3 2026 net revenues between RMB1,838 million and RMB1,858 million
Company says profitable growth remains its top priority for future quarters
Overview
China education technology firm's Q2 revenue rose 20.2% year over year to RMB1.67 billion
Q2 net loss narrowed to RMB135.8 million from RMB216 million a year earlier
Company repurchased about US$103.5 million in ADSs under buyback programs as of Aug. 26
Result drivers
Gross billings growth - Company said the Q2 revenue increase was mainly due to continued growth in gross billings from strong market demand
AI integration - Company said deeper integration of AI and digital tools improved efficiency and reduced operating expenses as a percentage of revenue
Product recognition - Company said high-quality educational products and learning services led to improved recognition of offerings
Analyst coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"
GOTU•
