Youdao

Youdao (DAO) reported its fifth consecutive profitable quarter in Q3 2025, driven by its “AI-Native” strategy. Net revenue reached RMB 1.6 billion, with a nearly 150% year-over-year growth in operating profit for the first three quarters. Advertising revenue surged to RMB 0.74 billion, becoming the largest revenue source, fueled by AI-powered creative generation and campaign optimization tools. Youdao’s overseas business grew over 100% year-over-year, supported by Youdao Ads’ integrated AI solutions for influencer marketing, exemplified by the “Where Winds Meet” campaign. The company aims for operating cash-flow breakeven annually.

NetEase (NTES) will release its Q3 2025 financial results on November 20, 2025, before U.S. markets open and host an earnings call at 7:00 a.m. ET. Analysts will focus on the growth of NetEase’s core gaming segment, the performance of Youdao and NetEase Cloud Music, and updates on new game development. The earnings call will address NetEase’s strategy amid evolving regulations and consumer preferences in the Chinese gaming market. NetEase’s commitment to R&D and its focus on high-quality content are key to its success.