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NASDAQ · SERVICES-EDUCATIONAL SERVICES · SMALL CAP

17 Education & Technology Group Inc. YQ

8 fiscal years on record · CNY · FY2025 reported · SEC filings only
CNY 106.0M
▼ 44.0% YoY
CNY -154.4M
CNY 30.5M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Its free smart in-school classroom solution has cumulatively serviced over 1.0 million verified teacher users, more than 50.0 million verified student users and close to 50.0 million registered parent users, and has been used at over 70,000 K-12 schools in over 300 cities across all provincial-level regions in mainland China. As of December 31, 2025, it had a team of 67 technology professionals whose expertise spans automatic speech recognition and evaluation, computer vision, algorithm engineering, big data analytics, and operational and infrastructure maintenance. As of December 31, 2025, it also had 17 content development professionals with experience in fields such as teaching, educational statistics, algorithms and visual design. It is organized around smart, in-school teaching and learning SaaS offerings for students, teachers, schoolmasters and educational authorities, and an AI-powered personalized learning solution and other educational products and services for C-end customers. The purchasers of its teaching and learning SaaS offerings are primarily regional educational authorities and schools. It introduced its AI-powered personalized learning offering, Yiqi Aixue, in November 2025.

Written from the business description in 17 Education & Technology Group Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 29 April 2026. Every sentence was checked against that document before publication.

Growth

CNY 106.0M
Revenue, FY2025 · full 8-year series below
Revenue CNY B Net income CNY B
FY2025 · Revenue 0.1 · Net income -0.2
1B2B-1B-2B
2018202120242025
Compound annual growth
−41.6%
−39.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −39.4% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−146 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -154.3% · Net -145.6%
-100%-200%
201820212025
ROE
FY2025 · ROE -45.4%
-50%-100%
201820212025
Three returns, three denominators.
Gross margin47.8%
Operating margin-154.3%
Net margin-145.6%
EBITDACNY -153.6M

Each CNY of equity lost 45 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow CNY B
FY2025 · FCF 0.0
-1B-2B
201820212025
Net buybacks CNY M Dividends CNY M
FY2018 · Dividends · · Net buybacks 21.1
10M20M
2018

Total assetsCNY 590.5M
EquityCNY 286.6M
CashCNY 246.4M
Current ratio1.87×

Equity funds 49% of total assets.

The 8-year record

8 fiscal years
Every figure from documents filed with the SEC · CNY

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
YQ, 8-year financial record
Metric 20252024202320222021202020192018
Revenue CNY B0.10.20.20.52.21.30.40.3
Operating income CNY B−0.2−0.2−0.3−0.2−1.5−1.3−1.0−0.7
EBITDA CNY B−0.2−0.2−0.3−0.2−1.4−1.3−1.0−0.7
Income tax CNY B0.00.00.00.00.00.0◌◌
Net income CNY B−0.2−0.2−0.3−0.2−1.4−1.3−1.0−0.7
Free cash flow CNY B0.0−0.1−0.2−0.5−1.6−0.6−0.7−0.5
EPS, diluted CNY −0.31−0.48−0.68−0.35−2.92−44.68−27.25−18.50
Dividend / sh CNY ◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend————————
ROE %−45.4−43.5−49.8−22.9−100.8———
Shares out B◌◌◌◌◌◌0.06◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

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Provenance

Company facts, as filed

How we verify · 0 failures in 38 reconciliationsAUDITED

Reconciled in 8 of the 8 fiscal years we could check. 24 checks were skipped: the balance sheet is not tagged before 2019. 11 checks were skipped: EPS is not tagged before 2018. 11 checks were skipped: revenue is not tagged before 2018.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Educational Services
Listed onNASDAQ
Incorporated inoutside the United States — SEC code F4
Fiscal year endsDecember 31
Data on record since2018

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