iHuman (IH) Operating Expenses (2019 - 2025)
iHuman (IH) reported Operating Expenses of -$16.9 million for Q4 2025, up 12.64% year-over-year from -$15.0 million in Q4 2024, and up 2.72% quarter-over-quarter from -$17.4 million in Q3 2025.
iHuman (IH) Operating Expenses (2019 - 2025) Analysis & Trends
iHuman (IH) has 7 years of Operating Expenses data on file, last reported at -$16.9 million in Q4 2025.
- Operating Expenses for Q4 2025 came in at -$16.9 million, up 12.64% year-over-year; the trailing twelve-month figure through Dec 2025 was -$67.4 million (up 14.6% YoY), and the FY2025 annual result was $68.8 million, down 11.67% from the prior year.
- Operating Expenses grew to -$16.9 million in Q4 2025 per IH's latest filing, from -$17.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at -$16.2 million in Q2 2025 and troughed at -$34.8 million in Q3 2021.
- A 5-year average of -$21.1 million and a median of -$20.2 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2021 and 2022: Operating Expenses sank 351.14% in 2021, then jumped 43.99% in 2022.
- A 5-year view of Operating Expenses shows it stood at -$27.5 million in 2021, then rose by 25.31% to -$20.6 million in 2022, then dropped by 7.06% to -$22.0 million in 2023, then grew by 11.95% to -$19.4 million in 2024, then advanced by 12.64% to -$16.9 million in 2025.
- Business Quant data shows IH's Operating Expenses at -$16.9 million in Q4 2025, -$17.4 million in Q3 2025, and -$16.2 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.64 Bn | 7.60 Bn | 22.18 Mn | -27.37 Mn |
| 2 | Graham Holdings | 4.92 Bn | 3.91 Bn | 841.00 Mn | 1.18 Bn |
| 3 | Laureate Education | 4.86 Bn | 4.70 Bn | -16.39 Mn | 11.13 Mn |
| 4 | Covista | 4.36 Bn | 4.35 Bn | 276.31 Mn | 395.69 Mn |
| 5 | Stride | 4.16 Bn | 3.36 Bn | 231.57 Mn | 102.49 Mn |
| 6 | Grand Canyon Education | 3.97 Bn | 3.72 Bn | 244.77 Mn | 213.30 Mn |
| 7 | Universal Technical Institute | 2.35 Bn | 2.19 Bn | 103.97 Mn | 221.06 Mn |
| 8 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 158.62 Mn |
| 9 | Strategic Education | 1.76 Bn | 1.60 Bn | - | 154.77 Mn |
| 10 | iHuman | 53.44 Mn | -108.86 Mn | 18.23 Mn | -16.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -16.94 Mn |
| Sep 30, 2025 | -17.41 Mn |
| Jun 30, 2025 | -16.23 Mn |
| Mar 31, 2025 | -16.84 Mn |
| Dec 31, 2024 | -19.39 Mn |
| Sep 30, 2024 | -20.40 Mn |
| Jun 30, 2024 | -18.29 Mn |
| Mar 31, 2024 | -20.86 Mn |
| Dec 31, 2023 | -22.02 Mn |
| Sep 30, 2023 | -20.04 Mn |
| Jun 30, 2023 | -17.92 Mn |
| Mar 31, 2023 | -18.76 Mn |
| Dec 31, 2022 | -20.57 Mn |
| Sep 30, 2022 | -19.48 Mn |
| Jun 30, 2022 | -20.99 Mn |
| Mar 31, 2022 | -25.02 Mn |
| Dec 31, 2021 | -27.54 Mn |
| Sep 30, 2021 | -34.78 Mn |
| Jun 30, 2021 | -24.43 Mn |
| Mar 31, 2021 | -24.06 Mn |