◆ NeutralYQ

17 Education & Technology Group Inc. Announces Second Quarter 2026 Unaudited Financial Results

GlobeNewswire Inc.·
17 Education & Technology Group Inc. Announces Second Quarter 2026 Unaudited Financial Results

17 Education & Technology Group Inc. (NASDAQ: YQ) reported Q2 2026 net revenues of RMB90.1 million, a 254.6% year-over-year increase, with gross margin expanding to 69.2%. The company achieved its first quarterly GAAP net profit of RMB1.1 million and adjusted net income of RMB4.7 million, driven by expansion of its AI-powered Yiqi Aixue consumer application and improved operational efficiency. The company maintains a strong cash position of RMB456.9 million.

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