Gaotu(US:GOTU) Xin Lang Zheng Quan·2025-11-26 08:28Core Insights - The company reported a revenue of 1.58 billion yuan for Q3 2025, representing a year-on-year growth of 30.7% [1][3] - Adjusted operating loss and net loss significantly narrowed by 64.6% and 69.9% respectively, indicating improved growth quality and profitability [2][3] - The company has initiated a new stock repurchase plan of up to 1 billion USD after completing the previous 80 million USD plan [1][4] Financial Performance - Revenue for the first nine months of 2025 reached 4.46 billion yuan, a 41% increase year-on-year, with cash revenue at 4.33 billion yuan, up 25.4% [1] - The forecast for Q4 2025 revenue is between 1.628 billion and 1.648 billion yuan, with a year-on-year growth rate of 17.2% to 18.7% [1] Operational Efficiency - Operating expenses as a percentage of revenue decreased by 27.6 percentage points, and customer acquisition efficiency improved by 12.8% [2][3] - Deferred revenue reached 1.77 billion yuan, a 23.2% increase year-on-year, providing revenue predictability for upcoming quarters [4] Cash Position - As of September 30, 2025, the company held over 3.04 billion yuan in cash and cash equivalents, providing strong financial support for talent acquisition, technology development, and business expansion [3]