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Covista vs Gaotu Techedu: revenue, profit, margins and growth compared

Covista brought in $2B of revenue in fiscal 2026, Gaotu Techedu $879M in fiscal 2025. Revenue changed by +9.3% at Covista and +40.9% at Gaotu Techedu on the year before, so Gaotu Techedu grew faster. Covista kept 12.9% of its revenue as net profit, Gaotu Techedu -5.3%. Free cash flow was $392.7M at Covista and $35.3M at Gaotu Techedu.

Side by side, latest fiscal year

CVSAGOTU
Fiscal year endedFY2026 (June 30, 2026)FY2025 (December 31, 2025)
Revenue$2B$879M
Revenue growth+9.3%+40.9%
Net income$251.6M-$46.2M
Net margin12.9%-5.3%
Free cash flow$392.7M$35.3M
Free cash flow margin20.1%4.0%
Earnings per share (diluted)$7.04-$0.28
Cash$406.3M$85.3M
Debt$662.9M$4.6M
Price to earnings17.1n/a
Market value$4.1B$586.6M
Dividend yieldn/an/a
Rank by revenue in sector#34 of 162 · Real estate#66 of 162 · Real estate

Over the years

Revenue
CVSA FY2019: $1BCVSA FY2020: $866.4MCVSA FY2021: $899.2MCVSA FY2022: $1.4BCVSA FY2023: $1.5BCVSA FY2024: $1.6BCVSA FY2025: $1.8BCVSA FY2026: $2BGOTU FY2019: $303.8MGOTU FY2020: $1.1BGOTU FY2021: $1BGOTU FY2022: $362.2MGOTU FY2023: $417MGOTU FY2024: $623.8MGOTU FY2025: $879MFY19FY20FY21FY22FY23FY24FY25FY26
CVSA $2BGOTU $879M
Net income
CVSA FY2019: $95.2MCVSA FY2020: -$85.3MCVSA FY2021: $70MCVSA FY2022: $311MCVSA FY2023: $93.4MCVSA FY2024: $136.8MCVSA FY2025: $237.1MCVSA FY2026: $251.6MGOTU FY2019: $32.6MGOTU FY2020: -$213.5MGOTU FY2021: -$487MGOTU FY2022: $1.9MGOTU FY2023: -$1MGOTU FY2024: -$143.7MGOTU FY2025: -$46.2MFY19FY20FY21FY22FY23FY24FY25FY26
CVSA $251.6MGOTU -$46.2M
Net margin
CVSA FY2019: 9.4%CVSA FY2020: -9.8%CVSA FY2021: 7.8%CVSA FY2022: 22.5%CVSA FY2023: 6.4%CVSA FY2024: 8.6%CVSA FY2025: 13.3%CVSA FY2026: 12.9%GOTU FY2019: 10.7%GOTU FY2020: -19.6%GOTU FY2021: -47.3%GOTU FY2022: 0.5%GOTU FY2023: -0.2%GOTU FY2024: -23.0%GOTU FY2025: -5.3%FY19FY20FY21FY22FY23FY24FY25FY26
CVSA 12.9%GOTU -5.3%
Revenue growth
CVSA FY2020: -14.5%CVSA FY2021: +3.8%CVSA FY2022: +53.7%CVSA FY2023: +5.0%CVSA FY2024: +9.2%CVSA FY2025: +12.9%CVSA FY2026: +9.3%GOTU FY2020: +259.4%GOTU FY2021: -5.7%GOTU FY2022: -64.8%GOTU FY2023: +15.1%GOTU FY2024: +49.6%GOTU FY2025: +40.9%FY20FY21FY22FY23FY24FY25FY26
CVSA +9.3%GOTU +40.9%
Free cash flow
CVSA FY2019: $147.3MCVSA FY2020: $68.1MCVSA FY2021: $152.3MCVSA FY2022: -$20.5MCVSA FY2023: $165.9MCVSA FY2024: $246.9MCVSA FY2025: $287.6MCVSA FY2026: $392.7MGOTU FY2019: $175.8MGOTU FY2020: $48.9MGOTU FY2021: -$699.6MGOTU FY2022: $5.2MGOTU FY2023: $44.1MGOTU FY2024: $10.9MGOTU FY2025: $35.3MFY19FY20FY21FY22FY23FY24FY25FY26
CVSA $392.7MGOTU $35.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Covista and Gaotu Techedu

Which is bigger by revenue, Covista or Gaotu Techedu?

Covista is bigger by revenue: $2B in fiscal 2026, against $879M for Gaotu Techedu in fiscal 2025.

Which keeps more of its revenue as profit, Covista or Gaotu Techedu?

Covista had a net margin of 12.9% in fiscal 2026; Gaotu Techedu had -5.3% in fiscal 2025.

Which grew revenue faster, Covista or Gaotu Techedu?

In their latest fiscal years revenue changed by +9.3% at Covista and +40.9% at Gaotu Techedu.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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