Cai Jing Wang·2026-02-11 09:07Core Insights - Net revenue for the year reached 5.91 billion yuan, representing a year-on-year growth of 5.0% [1] - Operating profit for the year was 220 million yuan, showing a significant increase of 48.7% [1] - The company achieved its first annual operating cash inflow, totaling 55.2 million yuan [1] Quarterly Performance - In Q4 2025, net revenue was 1.56 billion yuan, reflecting a year-on-year growth of 16.8%, marking the sixth consecutive quarter of profitability [1] - Operating profit for the quarter was 60.2 million yuan, driven by strategic investments in high-growth areas such as Youdao Lingxi and advertising [1] - Operating cash inflow for the quarter reached 180 million yuan, up 16.4% year-on-year [1] Product Launch - On February 11, the company officially launched the desktop-level Agent "LobsterAI," designed to be a 24/7 personal assistant [1] - The company announced that a new version of Youdao Dictionary will be released in March, focusing on deep scenarios related to learning and office tasks [1]