高途集团2026年第二季度业绩会纪要

发布时间：2026-08-30 一、AI总结内容 一、核心要点 1. 2026年第二季度，公司净营收同比增20.2%至约17亿元，总账单同比增19.4%至约27亿元，调整后运营亏损与净亏损分别收窄38.5%、37.6%；研发及管理费用占净营收比例同比降3.5个百分点，上半年运营现金流同比增46.3%至8.612亿元，截至6月30日现金储备近40亿元。 2. 新业务（动态线上线下辅导服务）营收同比增超30%，占总营收超40%；传统业务占总账单超40%、营收超14%；大学生及成人教育服务营收同比增超15%，占总营收超10%；线下梦中心郑州、武汉两城达满负荷，其模式可复制扩张。 3. 公司将以用户价值、品牌建设、资源配置、AI能力发展为战略核心，AI应用已覆盖课程开发、教学辅导、用户洞察等环节，如课程制作效率提升5%-8%、辅导重复性工作减少、用户需求捕捉更精准。 4. 截至2026年8月26日，公司累计回购ADS近3650万股，耗资约7.218亿元；计划继续推进回购，同时保持财务灵活性支持长期增长，将教育资源普惠作为企业责任。 二、战略与业务规划 1. 线上业务：聚焦用户获取质量与转化效率，优化渠道组合、加大AI在用户全链路的应用，新辅导业务录生总账单同比增超55%，持续提升师资培养体系以适配大规模需求。 2. 线下业务：坚持盈利增长优先，不追求盲目扩点，核心为提升现有产能利用率、课程排期、师资供给等，现有成熟点位（郑州、武汉梦中心）贡献稳定业绩，扩张以需求清晰、本地模型健康为前提，不符合盈利标准的项目将优化或关停。 3. 第三季度业绩指引：净营收预计同比增16.4%-17.7%，达18.38亿-18.58亿 三、风险与关注 1. 会议包含前瞻性陈述，受市场、运营等不确定因素影响，实际业绩或与预测存在差异。 2. 线下教育依赖本地市场，城市成熟需时间，扩张节奏与盈利提升存在阶段性不确定性；新业务规模化后的运营效率待持续验证。 二、音频原文（转写） Thank you for standing by and welcome to the GowTwo Tech Edu Inc. Second Quarter 2026 EarningsConference Call. At this time, all participantsare in Listen Only mode. After management's remarks, there will be a question and answer session. Today's conference call is being recorded. I would now like to turn the conference over to your first speaker today, Miss Katherine Chen, Headof Investor Relations. Please go ahead. Katheri ne. Thank you, and good evening everyone. Thankyou for joining Goto's 7th quarter 2026 earningsconference call. My name is Catherine, and I'llhelp host the earnings call today. Goto's earnings release for the quarter was distributed, andit's available on the company Fire website at IR dot dot dot PR, as well as through PR News Services. Joining the call with me tonight from Goto Senior Management. Is Mr. Larry Chen. Bells' founder, chairman and chief executive officer. Mister. robin lu. Go to chief operating officer. mr mike xu. Go to the head of strategy. and misswilla yao. Go to Senior Finance Director. LARUEbusiness highlight and strategy. Followed by Robin overview. our operational performance. 还有。 We will finish with a detailed discussion of ourfinancial performance by Rila. Following the prepared remarks. We'll open the floor to questions from analysts. Robin and Mike will address analysts' questions. during the qa session. Beforewe begin. I'd like to remind you that This conference call will contain forward looking statements. made and. of the U.S. Title Security Litigation Reform Act of 1995. These forward looking statements. are based and implementation. as wellas the current market and operating condition. They involve long or unknown risks. uncertaintiesand other factors all of which are difficult topredict and many of which are beyond the company's control. and may cost the company's actual results, performance or achievements to differentmaterials. or looking statements. Further information regarding this and other risks. is included in the company's public filing with the USFCC. the company obligation. to. to update any forward-looking statements, except under as requiredunder a applicable law. During today's call. Management will also discuss certain non GAAP measures for comparison purpose only. for definitionof non GAAP financial. and reconciliation. GET TO NONE GET FINANCIAL RESULTS Please refer to our second quarter. 2026 earnings release. published earlier today. As a reminder. This conferenceis being recorded. In addition. Archived webcast of this concert call will be available on gaoto i o s site. It is now my pleasure to introduce our founder. Chairman and Chief Executive Officer Larry. Good evening and good morning everyone. Thank you for joining us on go to the secondquarter. twenty twenty six Earnings covered call. And with an opportunity. と。 Take this opportunity. So I thank each of you for your interest in and support for go to BeforeI start. Please be reminded that all financial figures discussed today 二一R N B And that stated otherwise. this quarter ours to suspend. User focused investment in educational products. learning services and organisational capabilities. aresteadily. translating into healthier unit economics and a more efficient operating system. Meanwhile, the AI capabilities we have been buildingare becoming more deeply embedded across business processes, driving tangible improvements in product experience, service efficiency and organizational productivity. High quality growth meansmore than scale alone. It's about establishing asolid foundation for sustainable growth, building user trust through superior products and services, improving the quality of growth through stronger retention and word of mouth, enhancing profitability through more disciplined resource education and leverage. technology to extend the reach. the high CANNIBAL Educational services. Today I'd like to Share our thinking on three fronts. our strategic priority the run the user value and brand building. resource education and AIcapability development. first We have always placed the user value at the heart. of our sustainable long-term d