17 Education & Technology Group (NASDAQ:YQ), a leading provider of educational technology in China, announced its unaudited financial results for the fourth quarter and full fiscal year ended December 31, 2025, on Wednesday.
Net revenues for the fourth quarter of 2025 reached RMB38.9 million (US$5.6 million), representing a 6.3% increase from RMB36.6 million in the fourth quarter of 2024.
This growth was accompanied by a notable expansion in profitability at the gross level; the company’s gross margin surged to 46.1% in the final quarter of the year, compared with 33.6% in the prior-year period.
On the bottom line, 17EdTech narrowed its quarterly net loss to RMB53 million (US$7.6 million), down from a loss of RMB63.7 million in the fourth quarter of 2024.
As a percentage of net revenues, the net loss improved to negative 136.1% from negative 174.2% a year earlier.
On a non-GAAP basis, which excludes RMB8.9 million in share-based compensation expenses, the adjusted net loss for the quarter was RMB44.1 million (US$6.3 million).
This compares with an adjusted net loss of RMB40.1 million in the fourth quarter of 2024.