YXT (YXT) financial statements
YXT reported revenue of 340M CNY in fiscal 2025, down 7.6% a year over 3 years.
Net income was -159M CNY and the operating margin -41.5%, against -144.2% in 2022.
Free cash flow was -147M CNY, and the company returned 3M CNY in net buybacks.
The diluted share count rose 284% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions (CNY).
Income statement
Fiscal years, in CNY, from YXT's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 431M CNY | 424M CNY | 331M CNY | 340M CNY |
| Cost of revenue | 198M CNY | 194M CNY | 127M CNY | 108M CNY |
| Gross profit | 233M CNY | 230M CNY | 205M CNY | 233M CNY |
| Research and development | 312M CNY | 177M CNY | 116M CNY | 111M CNY |
| Selling, general and admin | 551M CNY | 387M CNY | 283M CNY | 267M CNY |
| Operating income | -621M CNY | -329M CNY | -187M CNY | -141M CNY |
| Interest expense | 497,000 CNY | 5M CNY | 11M CNY | 7M CNY |
| Pre-tax income | -646M CNY | -240M CNY | -92M CNY | -159M CNY |
| Income tax | -5M CNY | -10M CNY | 0 CNY | — |
| Net income | -615M CNY | -220M CNY | -92M CNY | -159M CNY |
| EPS (diluted) | -21.38 CNY | -4.71 CNY | -0.55 CNY | -0.87 CNY |
| Diluted shares | 47M | 49M | 168M | 182M |
| Gross margin | 54.0% | 54.1% | 61.8% | 68.3% |
| Operating margin | -144.2% | -77.5% | -56.5% | -41.5% |
| Net margin | -142.8% | -52.0% | -27.7% | -46.7% |
Balance sheet
Fiscal years, in CNY, from YXT's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash and short-term investments | 432M CNY | 379M CNY | 418M CNY | 135M CNY |
| Receivables | — | 33M CNY | 19M CNY | 19M CNY |
| Total current assets | — | 423M CNY | 475M CNY | 179M CNY |
| Property, plant and equipment | — | 23M CNY | 15M CNY | 10M CNY |
| Goodwill | — | 164M CNY | 164M CNY | 164M CNY |
| Total assets | — | 925M CNY | 822M CNY | 507M CNY |
| Total current liabilities | — | 474M CNY | 394M CNY | 362M CNY |
| Long-term debt | — | — | 126M CNY | 8M CNY |
| Total liabilities | — | 772M CNY | 595M CNY | 432M CNY |
| Shareholders' equity | -3.2B CNY | -3.4B CNY | 227M CNY | 75M CNY |
| Net debt | -432M CNY | -320M CNY | -239M CNY | -65M CNY |
Cash flow
Fiscal years, in CNY, from YXT's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating cash flow | -457M CNY | -257M CNY | -212M CNY | -146M CNY |
| Capital spending | 12M CNY | 5M CNY | 2M CNY | 2M CNY |
| Free cash flow | -469M CNY | -262M CNY | -213M CNY | -147M CNY |
| Stock-based compensation | 72M CNY | 26M CNY | 6M CNY | 12M CNY |
| Share buybacks (net) | — | — | — | -3M CNY |
| Net borrowing | — | 226M CNY | -48M CNY | -128M CNY |
| Free cash flow margin | -108.8% | -61.7% | -64.4% | -43.3% |
Questions
What was YXT's revenue in 2025?
340M CNY in fiscal 2025, from its 10-K filing.
How much free cash flow does YXT generate?
-147M CNY in fiscal 2025 (operating cash flow minus capital spending).
From YXT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.