iHuman (IH) Gross Margin (2019 - 2025)

iHuman (IH) reported Gross Margin of 66.85% for Q4 2025, down 38.0% year-over-year from 107.83% in Q4 2024, and down 2.18% quarter-over-quarter from 68.35% in Q3 2025.

iHuman (IH) Gross Margin (2019 - 2025) Analysis & Trends

iHuman (IH) has 7 years of Gross Margin data on file, last reported at 66.85% in Q4 2025.

  • Gross Margin for Q4 2025 came in at 66.85%, down 38.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 67.85% (down 156.0% YoY), and the FY2025 annual result was 67.86%, down 156.0% from the prior year.
  • Gross Margin slipped to 66.85% in Q4 2025 per IH's latest filing, from 68.35% in the prior quarter.
  • Over five years, Gross Margin peaked at 71.54% in Q1 2024 and troughed at 66.85% in Q4 2025.
  • A 5-year average of 69.64% and a median of 69.85% in 2021 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2021 and 2024: Gross Margin surged 483 bps in 2021, then tumbled 394 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 69.34% in 2021, then grew by 0 bps to 69.43% in 2022, then increased by 3 bps to 71.17% in 2023, then dropped by 6 bps to 67.23% in 2024, then fell by 1 bps to 66.85% in 2025.
  • Business Quant data shows IH's Gross Margin at 66.85% in Q4 2025, 68.35% in Q3 2025, and 67.82% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 51Talk Online Education 7.64 Bn 7.60 Bn 22.18 Mn 72.43%
2 Graham Holdings 4.92 Bn 3.91 Bn 841.00 Mn 68.04%
3 Laureate Education 4.86 Bn 4.70 Bn -16.39 Mn -6.01%
4 Covista 4.36 Bn 4.35 Bn 276.31 Mn 56.73%
5 Stride 4.16 Bn 3.36 Bn 231.57 Mn 36.76%
6 Grand Canyon Education 3.97 Bn 3.72 Bn 244.77 Mn 79.28%
7 Universal Technical Institute 2.35 Bn 2.19 Bn 103.97 Mn 46.96%
8 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 78.77%
9 Strategic Education 1.76 Bn 1.60 Bn - -
10 iHuman 53.44 Mn -108.86 Mn 18.23 Mn 66.85%

Historic Data

Download Data
DateValue
Dec 31, 2025 66.85%
Sep 30, 2025 68.35%
Jun 30, 2025 67.82%
Mar 31, 2025 68.32%
Dec 31, 2024 67.23%
Sep 30, 2024 68.44%
Jun 30, 2024 70.54%
Mar 31, 2024 71.54%
Dec 31, 2023 71.17%
Sep 30, 2023 71.37%
Jun 30, 2023 70.89%
Mar 31, 2023 69.97%
Dec 31, 2022 69.43%
Sep 30, 2022 70.41%
Jun 30, 2022 70.77%
Mar 31, 2022 70.00%
Dec 31, 2021 69.34%
Sep 30, 2021 69.58%
Jun 30, 2021 69.72%
Mar 31, 2021 71.14%