iHuman (IH) Cost of Revenue (2019 - 2026)
iHuman (IH) posted quarterly Cost of Revenue of $8.8 million for Q1 2026, down 4.49% year-over-year from $9.2 million in Q1 2025, and down 2.91% quarter-over-quarter from $9.0 million in Q4 2025.
iHuman (IH) Cost of Revenue (2019 - 2026) Analysis & Trends
iHuman (IH) has reported Cost of Revenue for 8 consecutive years, with $8.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue fell 4.49% year-over-year to $8.8 million; the TTM figure through Mar 2026 stood at $36.0 million (down 8.09% YoY), while the FY2025 annual figure was $37.1 million, down 4.0% from the prior year.
- Cost of Revenue eased to $8.8 million in Q1 2026 per IH's latest filing, from $9.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $11.6 million in Q1 2023 and bottomed at $8.7 million in Q2 2024.
- Historically, Cost of Revenue has averaged $10.0 million across 5 years, with a median of $10.1 million in 2022.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 27909.76% — and 2024, when it slipped 20.11%.
- iHuman's Cost of Revenue stood at $11.6 million in 2022, then slipped by 12.0% to $10.2 million in 2023, then increased by 2.71% to $10.4 million in 2024, then slipped by 13.48% to $9.0 million in 2025, then declined by 2.91% to $8.8 million in 2026.
- Business Quant data shows IH's Cost of Revenue at $8.8 million in Q1 2026, $9.0 million in Q4 2025, and $9.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 717.31 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 8.21 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 378.20 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 525.48 Mn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 216.75 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 59.96 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 418.78 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 74.83 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 202.24 Mn |
| 10 | iHuman | 338.54 Mn | 179.08 Mn | 17.68 Mn | 8.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.77 Mn |
| Mar 31, 2026 | 8.77 Mn |
| Dec 31, 2025 | 9.04 Mn |
| Dec 31, 2025 | 9.04 Mn |
| Sep 30, 2025 | 9.15 Mn |
| Sep 30, 2025 | 9.15 Mn |
| Jun 30, 2025 | 8.99 Mn |
| Jun 30, 2025 | 8.99 Mn |
| Mar 31, 2025 | 9.19 Mn |
| Mar 31, 2025 | 9.19 Mn |
| Dec 31, 2024 | 10.45 Mn |
| Dec 31, 2024 | 10.45 Mn |
| Sep 30, 2024 | 10.77 Mn |
| Sep 30, 2024 | 10.77 Mn |
| Jun 30, 2024 | 8.72 Mn |
| Jun 30, 2024 | 8.72 Mn |
| Mar 31, 2024 | 9.26 Mn |
| Mar 31, 2024 | 9.26 Mn |
| Dec 31, 2023 | 10.17 Mn |
| Dec 31, 2023 | 10.17 Mn |