Financials in USD. Standardized financial statements.
A compact view of how 17 Education & Technology Group Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $103.14M | $189.21M | $170.96M | $531.06M | $2.18B | $1.29B | $406.25M | $310.71M |
| Revenue Growth? | -45.5% | +10.7% | -67.8% | -75.7% | +68.8% | +218.6% | +30.7% | 0.0% |
| Cost of Revenue? | $53.89M | $120.00M | $90.26M | $206.21M | $878.24M | $495.67M | $173.48M | $104.97M |
| Gross Profit? | $49.25M | $69.21M | $80.70M | $324.86M | $1.31B | $798.70M | $232.77M | $205.74M |
| Gross Margin? | +47.8% | +36.6% | +47.2% | +61.2% | +59.8% | +61.7% | +57.3% | +66.2% |
| Operating Expenses? | $208.34M | $283.02M | $423.45M | $536.00M | $2.66B | $2.13B | $1.23B | $905.25M |
| Operating Income? | -$159.09M | -$213.81M | -$342.75M | -$211.15M | -$1.47B | -$1.33B | -$1.00B | -$699.51M |
| EBITDA? | -$159.09M | -$201.53M | -$326.58M | -$186.42M | -$1.29B | -$1.29B | -$940.59M | -$640.31M |
| Income Before Tax | -$150.21M | -$192.93M | -$311.78M | -$177.87M | -$1.44B | -$1.34B | -$963.75M | -$656.07M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income? | -$150.21M | -$192.93M | -$311.78M | -$177.71M | -$1.44B | -$1.34B | -$964.34M | -$656.07M |
| EPS? | $-15.00 | $-24.00 | $-34.00 | $-17.50 | $-146.00 | $-137.50 | $-103.50 | $-705.00 |
| Diluted EPS? | $-15.00 | $-24.00 | $-34.00 | $-17.50 | $-146.00 | $-136.50 | $-103.50 | $-705.00 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality