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.
Youdao, Inc., an AI solutions provider specializing in learning and advertising, reported that it has filed its annual report on Form 20-F for the full year ended December 31, 2025 with the U.S. Securities and Exchange Commission. The report is available on the company’s investor relations website and the SEC’s website. Shareholders and ADS holders can request hard copies free of charge by writing to the company’s investor relations office in Hangzhou, China.
Youdao, Inc., a Cayman Islands holding company listed on the NYSE via ADSs, files its annual report describing a China-focused business operated mainly through PRC subsidiaries and variable interest entities (VIEs).
The VIEs generated 77.0%, 73.4% and 66.9% of total net revenues in 2023, 2024 and 2025, and accounted for 48.8% and 53.6% of consolidated total assets as of December 31, 2024 and 2025. The filing highlights legal and operational risks of this structure, including potential PRC challenges to contractual arrangements and restrictions on cash transfers, dividends and foreign exchange.
Youdao explains U.S. regulatory risk under the Holding Foreign Companies Accountable Act, noting past PCAOB inspection issues in China and Hong Kong and the possibility that ADS trading could be prohibited if inspections are again curtailed. It also addresses new PRC oversight of overseas listings, cybersecurity review measures, and data and education regulations that could materially affect operations and ADS value.
Youdao, Inc. president Jin Lei filed an amended Form 3 reporting his existing equity holdings in the company. He holds an option over 20,000 Class A Ordinary Shares, indirect stakes in 620,000 Class B and 300,000 Class A shares through JinLei Quark Tech, Inc., plus directly held Class A shares and restricted share units with scheduled future vesting.
Youdao, Inc. director Shum Heung Yeung has filed an initial ownership report detailing equity holdings in the company. The filing shows direct ownership of 46,221 Class A Ordinary Shares, plus 14,552 Restricted Share Units that were granted on May 30, 2025 and are scheduled to vest on June 1, 2026.
He also holds three fully vested option awards over Class A Ordinary Shares, covering 4,000, 3,997 and 13,201 underlying shares, granted in 2020, 2021 and 2022 with expirations in 2027 and 2028. These entries describe existing positions rather than new market purchases or sales.
Youdao, Inc. president Jin Lei filed an initial Form 3 detailing his equity holdings in the company. The filing shows direct holdings of 26,027 Class A Ordinary Shares, 105,959 restricted share units, and an option over 20,000 Class A shares at an exercise price of $4.5 per share expiring on January 26, 2027. Indirectly, Jin Lei holds 620,000 Class B Ordinary Shares and 300,000 Class A Ordinary Shares through JinLei Quark Tech, Inc., which he wholly owns.
Youdao, Inc. director and Chief Executive Officer Zhou Feng filed an initial Form 3 reporting indirect beneficial ownership of 20,341,200 Class B ordinary shares. These shares are held of record by Peng Ke Holdings Inc., a British Virgin Islands company ultimately wholly owned by JTC Private Trust (Cayman) Limited as trustee of a Cayman trust for which Zhou Feng is the settlor and sole beneficiary.
Youdao, Inc. Senior Vice President Wu Yinghui discloses existing equity holdings in the company. The report shows stock options over 20,000 Class A ordinary shares, an indirect holding of 1,640,000 Class B ordinary shares through Ice River Tech, Inc., and 8,750 restricted share units. Footnotes state the option grant, covering 20,000 Class A shares at an exercise price of $4.5 per share, was granted on January 25, 2021 and expires on January 26, 2027. The time-based RSU award was granted on May 30, 2025, with 3,750 shares scheduled to vest on September 1, 2026 and 5,000 shares on September 1, 2027. No purchases or sales are indicated; this report describes existing positions.
Youdao, Inc. Vice President Li Yongwei has filed an initial ownership report showing existing stock option awards. The filing lists two fully vested options over Youdao Class A ordinary shares: one for 20,000 shares granted on May 30, 2019 with a $3.5 exercise price expiring on May 31, 2027, and another for 6,300 shares granted on January 25, 2021 with a $4.5 exercise price expiring on January 26, 2027.
Youdao, Inc. Senior Vice President Peng Su has filed an initial ownership report detailing his equity awards in the company. The filing shows option awards over 250,000 and 20,000 Class A Ordinary Shares, granted at exercise prices of $3.5 and $4.5 per share, respectively, each fully vested and expiring on May 31, 2027 and January 26, 2027. It also lists a time-based restricted share unit award of 8,750 shares granted on May 30, 2025, with 3,750 shares scheduled to vest on September 1, 2026 and 5,000 shares scheduled to vest on September 1, 2027, all with no exercise price. This report records existing holdings rather than new market purchases or sales.