在运营方面，高途利用AI技术构建了智能运营体系，探索出兼顾效率与质量的创新路径。例如，AI辅 助的用户画像系统能快速识别用户的学习需求和偏好，帮助运营团队更好地了解用户需求，提供更具针 对性的服务。 财报显示，2025年高途连续两个季度实现经营费用占收入比重的同比下降，其中第二季度经营费用占收 入比同比降低31.6个百分点。尤为关键的是，研发与管理费用占收入比重同比下降8.0个百分点，充分体 现了AI技术对经营效率提升的显著成效。 据了解，高途目前业务涵盖中小学生素质素养、高中学业规划、大学生与成人学习、国际教育与留学等 多个领域，以AI技术赋能教育创新，通过线上线下（300959）深度融合，形成协同效应，推动各业务 板块高速发展，呈现出"百花齐放"的良好态势。 "教育是最大的民生之一。"陈向东表示，将教育做好不仅是企业的责任，更是最大的普惠公益。 8月26日，高途集团（以下简称"高途"）发布2025财年第二季度财务报告。财报显示，高途上半年实现 收入28.8亿元，同比增长47.3%；现金收入31.4亿元，同比增长31.8%；经营净现金流入1.1亿元。其中， 第二季度高途实现收入约13.9亿元，同比增长37. ...

Core Insights - Gaotu Group (NYSE: GOTU) reported Q2 2025 revenue of approximately 1.39 billion yuan, a year-on-year increase of 37.6% [1] - The company achieved cash revenue of 2.25 billion yuan in Q2, up 36.2% year-on-year, with a net cash inflow from operations of 590 million yuan [1] - For the first half of 2025, Gaotu's total revenue reached 2.88 billion yuan, reflecting a 47.3% year-on-year growth [1] Financial Performance - Deferred revenue reached a record high of nearly 2.2 billion yuan in Q2, marking a 38.9% year-on-year increase, which supports future business growth [1] - The net cash inflow from operations in Q2 increased by over 200 million yuan year-on-year to approximately 590 million yuan [1] - As of June 30, Gaotu's cash reserves stood at 3.82 billion yuan, with a year-on-year increase of about 140 million yuan when excluding the impact of share buybacks [1] Strategic Initiatives - The strong financial performance provides Gaotu with ample space and flexibility for strategic development and market expansion [1] - The company is committed to increasing investment in research and development, deepening its AI strategy, and exploring diversified products and services [1] - Gaotu has been actively repurchasing shares, having bought back over 24.8 million ADS for approximately 560 million yuan by August 25, signaling confidence in its growth prospects [2] Future Outlook - Current forecasts suggest that Gaotu's revenue for Q3 2025 will range between 1.558 billion yuan and 1.578 billion yuan, with a year-on-year growth rate between 28.9% and 30.6% [2]

高途集团创始人、董事长兼CEO陈向东表示："在稳固核心业务增长的同时，我们积极推动人工智能技 术赋能的服务模式优化、产品创新及组织力提升，构建清晰的增长路径和可持续的发展优势。本季度收 入为约13.9亿元，同比增长37.6%；实现现金收款22.5亿元，同比增长36.2%。得益于精细化运营和组织 效能提升，non-GAAP口径下，净亏损同比下降50.5%。经营净现金流入近5.9亿元，同比增加超过2.0亿 元，充分反映出公司在保持积极增长态势的同时，也在稳固经营质量和提升业务竞争力。" 高途集团CFO沈楠表示："本季度，我们坚定推进"健康增长"战略，收入超出指引上限5.4%，现金收入 增速环比上季度提升14.4个百分点。在持续提升经营效率和优化资源配置的推动下，经营亏损和净亏损 同比均大幅收窄，获客效率达到近四年来的最优水平。管理费用与研发费用占收入比重已连续两个季度 实现下降，经营杠杆得到充分释放。公司现金储备充足，截止2025年6月30日，现金及现金等价物、受 限资金以及短期与长期投资合计38.2亿；若排除掉回购影响，现金储备同比增加约1.4亿。核心成熟业务 的造血能力和经营质量不断增强，得益于我们过往在用户 ...

在现有回购计划中，截至2025年8月25日，公司累计回购超过2480万美国存托股，金额约5.6亿元。2025 年5月，公司董事会又批准了一项新股票回购计划，根据该计划，公司可在现有股票回购计划结束之日 起的三年期间回购至多1亿美元价值的股票。 高途集团创始人、董事长兼CEO陈向东表示："在稳固核心业务增长的同时，我们积极推动人工智能技 术赋能的服务模式优化、产品创新及组织力提升，构建清晰的增长路径和可持续的发展优势。本季度收 入为约13.9亿元，同比增长37.6%；实现现金收款22.5亿元，同比增长36.2%。得益于精细化运营和组织 效能提升，non-GAAP口径下，净亏损同比下降50.5%。经营净现金流入近5.9亿元，同比增加超过2.0亿 元，充分反映出公司在保持积极增长态势的同时，也在稳固经营质量和提升业务竞争力。 "高途将持续深耕教育创新，为用户提供最优质的学习体验，为股东创造长期价值，实现社会责任与商 业价值的双重提升。" 高途集团CFO沈楠表示："本季度，我们坚定推进"健康增长"战略，收入超出指引上限5.4%，现金收入 增速环比上季度提升14.4个百分点。在持续提升经营效率和优化资源配置的推动下，经 ...

Core Viewpoint - Gaotu (GOTU.US) reported a significant improvement in its Q2 2025 financial performance, with a notable increase in revenue and a reduction in net losses compared to the previous year [1] Financial Performance - Q2 net revenue reached 1.3894 billion RMB, representing a year-over-year growth of 37.6% [1] - The net loss for Q2 was 216 million RMB, down from a net loss of 429.6 million RMB in the same period last year, with basic and diluted loss per ADS at 0.88 RMB [1] - Non-GAAP net loss was 206.8 million RMB, compared to 418 million RMB in the prior year [1] - Gross billings amounted to 2.2524 billion RMB, reflecting a year-over-year increase of 36.2% [1] - Net operating cash inflow was 588.8 million RMB, up 52.5% year-over-year [1] Future Outlook - The company anticipates total net revenue for Q3 to be between 1.558 billion and 1.578 billion RMB, indicating a year-over-year growth of 28.9% to 30.6% [1] - Following the earnings report, Gaotu's stock rose by 2.65% in pre-market trading [1]

格隆汇8月26日｜高途(GOTU.US)盘前涨3.17%，报3.9美元。消息面上，高途公布第二季度业绩，营收 13.894亿元，同比增长37.6%，超出公司指引上限5.4%；营业亏损2.419亿元，较去年同期的4.648亿元收 窄；毛利润9.165亿元，同比增长31.6%。期内实现现金收款22.5亿元，同比增长36.2%。 截至2025年8月25日，公司累计回购超过2480万美国存托股，金额约5.6亿元。2025年5月，公司董事会 又批准了一项新股票回购计划，根据该计划，公司可在现有股票回购计划结束之日起的三年期间回购至 多1亿美元价值的股票。展望第三季度，高途预计收入应介于15.58亿元至15.78亿元之间，同比增幅应介 于28.9%至30.6%之间。(格隆汇) (责任编辑：宋政 HN002) 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com ...

Core Insights - Gaotu (GOTU.US) shares rose 3.17% pre-market, trading at $3.90 [1] Financial Performance - Revenue for Q2 reached 1.3894 billion yuan, a year-on-year increase of 37.6%, exceeding the company's guidance by 5.4% [1] - Operating loss narrowed to 241.9 million yuan from 464.8 million yuan in the same period last year [1] - Gross profit was 916.5 million yuan, reflecting a year-on-year growth of 31.6% [1] - Cash collections during the period amounted to 2.25 billion yuan, up 36.2% year-on-year [1] Share Buyback Program - As of August 25, 2025, the company has repurchased over 24.8 million American Depositary Shares, totaling approximately 560 million yuan [1] - In May 2025, the board approved a new stock repurchase plan allowing for the buyback of up to $100 million worth of shares over the next three years following the completion of the existing plan [1] Future Outlook - For Q3, the company expects revenue to be between 1.558 billion and 1.578 billion yuan, with a year-on-year growth rate between 28.9% and 30.6% [1]

Core Insights - Gaotu Group reported a revenue of approximately 1.39 billion yuan for Q2 of fiscal year 2025, representing a year-on-year growth of 37.6% [1] - The company achieved cash revenue of 2.25 billion yuan, with a year-on-year increase of 36.2% [1] - Operating net cash inflow reached nearly 590 million yuan during the reporting period [1] Revenue Forecast - For Q3 of fiscal year 2025, Gaotu expects revenue to be between 1.558 billion and 1.578 billion yuan, indicating a year-on-year growth rate of 28.9% to 30.6% [1] Strategic Initiatives - The CFO of Gaotu, Shen Nan, stated that the company is advancing a "healthy growth" strategy, with revenue exceeding the upper limit of guidance by 5.4% [1] - Cash revenue growth accelerated by 14.4 percentage points compared to the previous quarter [1] - The company has significantly narrowed both operating losses and net losses year-on-year, achieving the best customer acquisition efficiency in nearly four years [1]

来源：美通社 （财见2025年8月26日讯）高途教育科技公司发布截至2025年6月30日第二季度未经审计财务报告。2025 年第二季度，收入为13.894亿元人民币，较去年同期的10.098亿元人民币增加37.6%。现金收入为22.524 亿元人民币，同比增长36.2%。毛利润为9.165亿元人民币，较去年同期的6.964亿元人民币增加31.6%。 净亏损为2.160亿元人民币，去年同期为4.296亿元人民币。非美国通用会计准则净亏损为2.068亿元人民 币，去年同期为4.180亿元人民币。 截至2025年6月30日半年度，收入为28.824亿元人民币，去年同期为19.567亿元人民币，同比增长 47.3%。现金收入为31.411亿元人民币，同比增长31.8%。净亏损为9,200万元人民币，去年同期为4.418 亿元人民币。非美国通用会计准则净亏损为6,951万元人民币，去年同期为4.150亿元人民币。根据公司 当前预测数据，2025年第三季度收入应介于15.58亿元人民币至15.78亿元人民币之间，同比增幅应介于 28.9%至30.6%之间。 ...

本文源自：金融界 作者：行情君 8月26日，东方甄选(01797)盘中下跌10.06%，截至14:18，报28.44元/股，成交20.12亿元。 东方甄选控股有限公司是中国在在线课外教育服务领域的领先者，以提供优质的在线课程和备考服务而 享有高度的品牌知名度。在2021年，公司将业务拓展至直播商务、教育智能硬件产品、STEAM教育以 及职业教育等领域，2017年已经成为中国大学考试备考市场中最大的在线教育品牌，凭借强大的技术和 资源优势，持续进行新业务探索和发展。 截至2024年年报，东方甄选营业总收入43.92亿元、净利润573.5万元。 ...