YQ
17 Education Technology Group Inc
NASDAQ: YQ · CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES
$2.07
-2.36% today
Updated 2026-04-30
Market cap
$18.77M
P/E ratio
—
P/S ratio
0.18x
EPS (TTM)
$-0.66
Dividend yield
—
52W range
$2 – $6
Volume
0.0M
17 Education Technology Group Inc (YQ) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.68M | $79.50M | $310.71M | $406.25M | $1.29B | $2.18B | $531.06M | $170.96M | $189.21M | $103.14M |
| Revenue growth (YoY) | — | +2059.1% | +290.8% | +30.7% | +218.6% | +68.8% | -75.7% | -67.8% | +10.7% | -45.5% |
| Cost of revenue | $967449.00 | $65.50M | $104.97M | $173.48M | $495.67M | $878.24M | $206.21M | $90.26M | $120.00M | $53.89M |
| Gross profit | $2.71M | $14.00M | $205.74M | $232.77M | $798.70M | $1.31B | $324.86M | $80.70M | $69.21M | $49.25M |
| Gross margin | 73.7% | 17.6% | 66.2% | 57.3% | 61.7% | 59.8% | 61.2% | 47.2% | 36.6% | 47.8% |
| R&D | $1.88M | $7.50M | $398.63M | $491.27M | $614.77M | $800.16M | $235.85M | $167.93M | $72.00M | $54.64M |
| SG&A | $5.68M | $42.94M | $203.13M | $157.79M | $420.11M | $445.44M | $317.16M | $154.26M | $183.32M | — |
| Operating income | $-4.84M | $-36.44M | $-699.51M | $-1.00B | $-1.33B | $-1.47B | $-211.15M | $-342.75M | $-213.81M | $-159.09M |
| Operating margin | -131.5% | -45.8% | -225.1% | -246.2% | -103.1% | -67.5% | -39.8% | -200.5% | -113.0% | -154.3% |
| EBITDA | — | — | $-640.31M | $-940.59M | $-1.29B | $-1.29B | $-186.42M | $-326.58M | $-201.53M | $-159.09M |
| EBITDA margin | 0.0% | 0.0% | -206.1% | -231.5% | -100.0% | -58.9% | -35.1% | -191.0% | -106.5% | -154.3% |
| EBIT | $-16.22M | $-16.65M | $-656.07M | $-963.26M | $-1.33B | $-1.35B | $-211.15M | $-342.75M | $-213.81M | — |
| Interest expense | $0.00 | $0.00 | $0.00 | $485000.00 | $2.92M | $89.72M | $33.28M | — | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-16.36M | $-22.01M | $-656.07M | $-964.34M | $-1.34B | $-1.44B | $-177.71M | $-311.78M | $-192.93M | $-150.21M |
| Net income growth (YoY) | — | -34.6% | -2880.3% | -47.0% | -38.9% | -7.6% | +87.7% | -75.4% | +38.1% | +22.1% |
| Profit margin | -444.2% | -27.7% | -211.2% | -237.4% | -103.5% | -66.0% | -33.5% | -182.4% | -102.0% | -145.6% |