Gaotu Techedu Inc. (GOTU) Operating Income (Loss) USD 2019 - 2023

Historical data

Taxonomy & unit
us-gaap: CNY and USD
Description
The net result for the period of deducting operating expenses from operating revenues.
Summary
Gaotu Techedu Inc. annual Operating Income (Loss) history and growth rate from 2019 to 2023.
  • Gaotu Techedu Inc. annual Operating Income (Loss) for 2023 was -$21 M, a 22.6% decline from 2022.
  • Gaotu Techedu Inc. annual Operating Income (Loss) for 2022 was -$17.1 M, a 96.6% increase from 2021.
  • Gaotu Techedu Inc. annual Operating Income (Loss) for 2021 was -$499 M, a 85.5% decline from 2020.
Operating Income (Loss), Annual (USD)
Operating Income (Loss), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 -$21 M -$3.87 M -22.6% Jan 1, 2023 Dec 31, 2023 20-F 2024-04-25
2022 -$17.1 M +$482 M +96.6% Jan 1, 2022 Dec 31, 2022 20-F 2023-04-18
2021 -$499 M -$230 M -85.5% Jan 1, 2021 Dec 31, 2021 20-F 2022-04-26
2020 -$269 M -$300 M -968% Jan 1, 2020 Dec 31, 2020 20-F 2021-04-26
2019 $31 M Jan 1, 2019 Dec 31, 2019 20-F 2020-04-03
* An asterisk sign (*) next to the value indicates that the value is likely invalid.