Welcome to our dedicated page for Youdao SEC filings (Ticker: DAO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Youdao, Inc. (NYSE: DAO) provides access to the company’s official disclosures as a foreign private issuer. Youdao files reports with the U.S. Securities and Exchange Commission under the Securities Exchange Act of 1934, including Form 20-F for annual reporting and Form 6-K for current information.
Recent Form 6-K filings referenced in the available data include current reports that furnish press releases and notices of Youdao’s annual general meeting of shareholders. These filings typically attach exhibits such as earnings announcements, which detail net revenues by segment for learning services, smart devices and online marketing services, as well as information on gross margin, operating income and non-GAAP financial measures. Other 6-Ks include the formal notice of the annual general meeting, specifying the record date and explaining that the meeting serves as a forum for shareholders and ADS holders to discuss company affairs with management.
As a foreign issuer, Youdao indicates on its 6-K cover pages that it files annual reports on Form 20-F. Investors can use the combination of 20-F and 6-K filings to review Youdao’s business description, risk factors, segment information and updates on matters such as share repurchase programs, financial support arrangements with NetEase Group and going-concern considerations.
On Stock Titan, Youdao’s SEC filings are updated from EDGAR in near real time, and AI-powered summaries can help explain the key points of lengthy documents. Users can quickly locate quarterly earnings press releases furnished on Form 6-K, annual disclosures on Form 20-F and other regulatory materials that document Youdao’s activities as an AI-powered solutions provider in the learning and advertising verticals.
Orbis Investment Management Limited has reported a significant ownership position in Youdao, Inc. The firm beneficially owns 6,943,858 American Depositary Shares, representing 22.2% of the outstanding class as of 12/31/2025.
Orbis has sole power to vote and dispose of these shares and no shared voting or dispositive power. The filing notes that other persons have rights to receive dividends or sale proceeds from these securities. Orbis certifies that the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Youdao.
Youdao, Inc. reports modest growth and improved profitability for 2025 but remains financially stretched. Net revenues rose 5.0% to RMB5.9 billion, while income from operations increased 48.7% to RMB221.3 million and net income attributable to ordinary shareholders grew 30.6% to RMB107.3 million.
The company achieved its first full year of positive operating cash flow, generating RMB55.2 million and marking a sixth consecutive profitable quarter. However, total gross margin fell to 44.3% from 48.9% as online marketing margins declined, and Others, net swung to a RMB47.1 million loss mainly from a RMB25.7 million impairment. Despite improved results, Youdao still has a shareholders’ deficit and relies on substantial short- and long‑term loans and a 36‑month financial support agreement from NetEase Group to sustain operations.
Orbis Investment Management Limited filed Amendment No. 14 to Schedule 13G reporting its beneficial ownership in Youdao, Inc. (DAO). Orbis reports 7,281,408 American Depositary Shares (each representing 1 Class A ordinary share), representing 23.3% of the class as of the event date 09/30/2025.
Orbis has sole voting power over 7,281,408 ADS and sole dispositive power over the same amount, with no shared voting or dispositive power. The filing certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. Other persons have rights to receive dividends or sale proceeds related to these securities.
Youdao, Inc. (DAO) filed a Form 144 declaring a proposed sale of 8,000 ordinary shares represented by ADS through Citigroup Global Markets on 09/24/2025. The filing shows an aggregate market value of $75,040 for the shares and reports 117,000,000 shares outstanding. The securities were acquired on 09/24/2025 as service compensation from Youdao Inc., and no securities were sold in the past three months. The filer affirms no undisclosed material adverse information.
Orbis Investment Management Limited reports beneficial ownership of 7,497,430 American Depositary Shares of Youdao, representing 24.0% of the ADS class. The filing states Orbis has sole voting and sole dispositive power over those shares and that the position is held in the ordinary course of business, not to change or influence control. Orbis is identified as a Bermuda-registered investment manager and the securities are American Depositary Shares representing Class A ordinary shares.