iHuman (IH) Net Margin (2019 - 2026)
iHuman (IH) posted quarterly Net Margin of 2.5% for Q1 2026, down 1022.0% year-over-year from 0.27% in Q1 2025, and down 69.5% quarter-over-quarter from 8.19% in Q4 2025.
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iHuman (IH) Net Margin (2019 - 2026) Analysis & Trends
iHuman (IH) has reported Net Margin for 8 consecutive years, with 2.5% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 1022.0% year-over-year to 2.5%; the TTM figure through Mar 2026 stood at 9.42% (down 227.0% YoY), while the FY2025 annual figure was 11.91%, up 91.0% from the prior year.
- Net Margin eased to 2.5% in Q1 2026 per IH's latest filing, from 8.19% in the prior quarter.
- Across five years, Net Margin topped out at 21.14% in Q1 2023 and bottomed at 2.5% in Q1 2026.
- Historically, Net Margin has averaged 12.82% across 5 years, with a median of 11.84% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin soared 1729 bps — and 2024, when it plunged 1129 bps.
- iHuman's Net Margin stood at 15.53% in 2022, then declined by 9 bps to 14.13% in 2023, then fell by 18 bps to 11.62% in 2024, then decreased by 30 bps to 8.19% in 2025, then tumbled by 69 bps to 2.5% in 2026.
- Business Quant data shows IH's Net Margin at 2.5% in Q1 2026, 8.19% in Q4 2025, and 10.58% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 94.40 Bn | 91.66 Bn | 812.22 Mn | 7.27% |
| 2 | Laureate Education | 5.11 Bn | 4.95 Bn | 237.67 Mn | 22.26% |
| 3 | Graham Holdings | 4.77 Bn | 3.52 Bn | 777.03 Mn | 21.68% |
| 4 | Covista | 4.52 Bn | 4.11 Bn | 284.63 Mn | 14.31% |
| 5 | Grand Canyon Education | 3.97 Bn | 3.70 Bn | 204.08 Mn | 17.37% |
| 6 | Stride | 3.66 Bn | 2.70 Bn | 217.28 Mn | 12.81% |
| 7 | McGraw Hill | 2.53 Bn | 2.33 Bn | 439.20 Mn | 10.52% |
| 8 | Perdoceo Education | 2.07 Bn | 765.73 Mn | 162.46 Mn | 22.48% |
| 9 | TAL Education | 1.94 Bn | -740.46 Mn | 227.32 Mn | 4.55% |
| 10 | iHuman | 62.70 Mn | -96.10 Mn | 17.68 Mn | 2.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.50% |
| Dec 31, 2025 | 8.19% |
| Sep 30, 2025 | 10.58% |
| Jun 30, 2025 | 15.98% |
| Mar 31, 2025 | 12.71% |
| Dec 31, 2024 | 11.62% |
| Sep 30, 2024 | 10.76% |
| Jun 30, 2024 | 11.84% |
| Mar 31, 2024 | 9.85% |
| Dec 31, 2023 | 14.13% |
| Sep 30, 2023 | 20.80% |
| Jun 30, 2023 | 18.46% |
| Mar 31, 2023 | 21.14% |
| Dec 31, 2022 | 15.06% |
| Sep 30, 2022 | 17.98% |
| Jun 30, 2022 | 10.33% |
| Mar 31, 2022 | 6.21% |
| Dec 31, 2021 | -3.33% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 0.00% |