17 Education & Technology Group (YQ)
NASDAQ:YQ
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Earnings Data
Report Date
Sep 09, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.39Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a notably positive operational inflection: exceptionally strong top-line growth (359% YoY) and steep gross margin expansion (to 61.9%) driven by the Yiqi Aixue AI product, along with narrower GAAP and adjusted losses. However, the company is still operating at a loss, with nearly doubled operating expenses, sharply higher sales and marketing spend (+232% YoY), and a modest decline in cash. While there are clear near-term cost and concentration risks as the business scales, the magnitude of revenue growth, margin improvement, and shrinking losses indicate the positives significantly outweigh the negatives.Company Guidance
Revenue Surge
Net revenues for Q1 2026 were CNY 99.5 million (USD 14.4M), up 359.0% year-over-year (from CNY 21.7M) and up 155% sequentially, driven primarily by expansion of the Yiqi Aixue consumer AI membership product and contributions from district- and school-level subscriptions.
Large Gross Profit and Margin Improvement
Gross profit increased to CNY 61.6 million (USD 8.9M), a year-over-year rise of ~686.2%. Gross margin improved to 61.9% from 36.2% in Q1 2025, an increase of 25.7 percentage points, reflecting stronger contribution from AI-powered application services and a more favorable revenue mix.
Narrowing Losses and Improved Profitability Metrics
GAAP net loss narrowed to CNY 19.4 million (USD 2.8M), a 37.4% reduction year-over-year (from CNY 30.9M). Loss from operations improved to CNY 21.3M versus CNY 33.9M prior-year. Net loss margin improved to -19.5% from -142.8% a year ago.
Improved Adjusted (Non-GAAP) Performance
Adjusted net loss (non-GAAP) was CNY 15.1 million (USD 2.2M), improved from CNY 22.4M in Q1 2025. Adjusted loss as a percentage of revenues improved to -15.2% from -103.4% in the prior year.
Strategic Progress: AI-Powered Product Traction
Management highlights rapid market traction of Yiqi Aixue and the company’s strategic transformation into an AI-powered application service provider leveraging a decade of educational insights, positioning an integrated AI education ecosystem and a continuous learning flywheel across schools and consumers.
Maintained Cash Buffer
Cash, cash equivalents, restricted cash and term deposits totaled CNY 352.4 million (USD 51.1M) as of March 31, 2026, providing financial flexibility to support product and AI investments despite a modest decline from CNY 407.0M at year-end 2025.
YQ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
YQ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 16, 2026 | $2.40 | $2.29 | -4.58% |
Mar 25, 2026 | $2.42 | $2.42 | 0.00% |
Dec 09, 2025 | $4.50 | $4.05 | -10.00% |
Sep 04, 2025 | $2.44 | $2.20 | -9.84% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does 17 Education & Technology Group (YQ) report earnings?
17 Education & Technology Group (YQ) is schdueled to report earning on Sep 09, 2026, After Close (Confirmed).
What is 17 Education & Technology Group (YQ) earnings time?
17 Education & Technology Group (YQ) earnings time is at Sep 09, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is YQ EPS forecast?
Currently, no data Available