17 Education & Technology Group
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. 17 Education & Technology Group's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 68% to $170,962,000. Profit margin reached -182%. Total operating expenses were $423,453,000.
Profit Margin
| 2018 | 310.70M | -656.07M | -211.15% |
|---|---|---|---|
| 2019 | 406.24M | -964.33M | -237.38% |
| 2020 | 1.29B | -1.30B | -101.01% |
| 2021 | 2.18B | -1.38B | -63.26% |
| 2022 | 531.06M | -177.71M | -33.46% |
| 2023 | 170.96M | -311.78M | -182.37% |
YQ Income Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Revenue | ||||||
Revenue | 170.96M | 531.06M | 2.18B | 1.29B | 406.24M | 310.70M |
Cost of revenue | 90.25M | 206.20M | 878.23M | 495.67M | 173.47M | 104.96M |
Gross profit | 80.70M | 324.85M | 1.30B | 798.7M | 232.76M | 205.73M |
Operating exp. | ||||||
Research and development | 167.93M | 235.84M | 800.16M | 614.77M | 491.26M | 398.62M |
Selling and marketing | 101.26M | -17.00M | 1.41B | 1.09B | 583.81M | 303.49M |
Total operating expenses | 423.45M | 536.00M | 2.65B | 2.13B | 1.23B | 905.24M |
Operating income | -342.75M | -211.14M | -1.35B | -1.33B | -1.00B | -699.50M |
Other income (expenses), net | 30.96M | 33.27M | -89.72M | -5.79M | 36.35M | 9.45M |
Income before tax | -311.78M | -177.87M | -1.44B | -1.33B | -963.75M | -656.07M |
Income tax expense | 0 | -159K | -60.08M | -32.50M | 587K | 43.43M |
Net income | -311.78M | -177.71M | -1.38B | -1.30B | -964.33M | -656.07M |
Earnings per share | ||||||
Basic EPS | -33.99 | -17.67 | -139.85 | -137.57 | -103.64 | -70.51 |
Diluted EPS | -33.99 | -17.67 | -139.85 | -136.52 | -103.64 | -70.51 |
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