Youdao reported second quarter 2026 unaudited financial results with total net revenues of RMB1.5 billion (US$216.2 million), a 3.5% increase year-over-year. Net income attributable to ordinary shareholders was RMB73.8 million, reversing a loss in the prior period, while operating income surged nearly 2.9 times to RMB111.5 million. The company also announced that Mr. William Lei Ding resigned as a director on August 18, 2026, and Mr. Jinhai Chen was appointed to the Board effective the same date. Youdao operates in the AI solutions industry, specializing in learning services and online marketing.