iHuman (IH) Research & Development (2019 - 2025)

iHuman (IH) reported Research & Development of -$6.4 million for Q4 2025, up 25.92% year-over-year from -$5.1 million in Q4 2024, and up 17.28% quarter-over-quarter from -$7.8 million in Q3 2025.

iHuman (IH) Research & Development (2019 - 2025) Analysis & Trends

iHuman (IH) has 7 years of Research & Development data on file, last reported at -$6.4 million in Q4 2025.

  • Research & Development for Q4 2025 came in at -$6.4 million, up 25.92% year-over-year; the trailing twelve-month figure through Dec 2025 was -$29.2 million (up 15.13% YoY), and the FY2025 annual result was $29.8 million, down 12.19% from the prior year.
  • Research & Development climbed to -$6.4 million in Q4 2025 per IH's latest filing, from -$7.8 million in the prior quarter.
  • Over five years, Research & Development peaked at -$6.4 million in Q4 2025 and troughed at -$20.3 million in Q3 2021.
  • A 5-year average of -$10.5 million and a median of -$9.2 million in 2023 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2021 and 2022: Research & Development sank 347.27% in 2021, then jumped 50.35% in 2022.
  • A 5-year view of Research & Development shows it stood at -$17.1 million in 2021, then soared by 43.42% to -$9.7 million in 2022, then gained by 3.59% to -$9.3 million in 2023, then increased by 7.11% to -$8.7 million in 2024, then advanced by 25.92% to -$6.4 million in 2025.
  • Business Quant data shows IH's Research & Development at -$6.4 million in Q4 2025, -$7.8 million in Q3 2025, and -$7.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 51Talk Online Education 7.64 Bn 7.60 Bn 22.18 Mn -1.61 Mn
2 Graham Holdings 4.92 Bn 3.91 Bn 841.00 Mn -
3 Laureate Education 4.86 Bn 4.70 Bn -16.39 Mn -
4 Covista 4.36 Bn 4.35 Bn 276.31 Mn -
5 Stride 4.16 Bn 3.36 Bn 231.57 Mn -
6 Grand Canyon Education 3.97 Bn 3.72 Bn 244.77 Mn -
7 Universal Technical Institute 2.35 Bn 2.19 Bn 103.97 Mn -
8 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn -
9 Strategic Education 1.76 Bn 1.60 Bn - -
10 iHuman 53.44 Mn -108.86 Mn 18.23 Mn -6.43 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -6.43 Mn
Sep 30, 2025 -7.77 Mn
Jun 30, 2025 -7.38 Mn
Mar 31, 2025 -7.63 Mn
Dec 31, 2024 -8.67 Mn
Sep 30, 2024 -8.45 Mn
Jun 30, 2024 -7.87 Mn
Mar 31, 2024 -9.41 Mn
Dec 31, 2023 -9.34 Mn
Sep 30, 2023 -9.07 Mn
Jun 30, 2023 -8.75 Mn
Mar 31, 2023 -8.98 Mn
Dec 31, 2022 -9.69 Mn
Sep 30, 2022 -10.10 Mn
Jun 30, 2022 -11.68 Mn
Mar 31, 2022 -15.24 Mn
Dec 31, 2021 -17.12 Mn
Sep 30, 2021 -20.35 Mn
Jun 30, 2021 -14.41 Mn
Mar 31, 2021 -12.53 Mn