NetEase Youdao Q2 2026 Earnings: Net Revenue Hits 1.47 Billion Yuan

On August 20, NetEase Youdao (NYSE: DAO) released its unaudited financial results for the second quarter of 2026. According to the report, the company’s net revenue for Q2 reached RMB 1.47 billion, representing a year-over-year growth of 3.5%, with operating profit staying positive for eight consecutive quarters. For the first half of the year, Youdao’s net revenue totaled RMB 2.81 billion, up 3.6% compared to the same period last year. In terms of its AI Agent business, LobsterAI saw its user base surpass the one million milestone.