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| Date | Value |
|---|---|
| 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% |