17 Education & Technology Group Inc. (YQ) Gross margin 2020–2025
17 Education & Technology Group Inc. (YQ) gross margin by fiscal year — reported gross profit divided by reported revenue.
47.7%FY2025 · since FY2020: 61.7% → 47.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 47.7% | +11.2 pp |
| FY2024 | 36.6% | -10.6 pp |
| FY2023 | 47.2% | -14.0 pp |
| FY2022 | 61.2% | +1.4 pp |
| FY2021 | 59.8% | -1.9 pp |
| FY2020 | 61.7% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice