Quhuo (QH) Net Margin (2019 - 2025)
Quhuo's (QH) quarterly Net Margin came in at 6.78% in Q4 2025, down 1015.0% year-on-year from 0.74% in Q4 2024, and down 300.94% on a QoQ basis from 3.37% in Q4 2024.
Quhuo (QH) Net Margin (2019 - 2025) Analysis & Trends
Quhuo (QH) has 7 years of Net Margin data on file, last reported at 6.78% in Q4 2025.
- On a quarterly basis, Net Margin fell 1015.0% year-over-year to 6.78% in Q4 2025; TTM through Dec 2025 was 0.72%, a 142.0% decrease from a year earlier, with the FY2025 full-year figure at 5.84%, down 593.0% from the prior year.
- Net Margin for Q4 2025 stood at 6.78%, down from 3.37% in the prior quarter.
- Over the last five years, Net Margin for QH reached as high as 3.37% in Q4 2024 and fell as low as 9.36% in Q1 2021.
- Historically, Net Margin has averaged 1.3% across 5 years, with a median of 0.62% in 2023.
- Across the five-year window, Net Margin jumped 300 bps in 2024 and tumbled 1015 bps in 2025, its largest moves.
- Year by year, Net Margin stood at 2.12% in 2021, then jumped by 141 bps to 0.86% in 2022, then plunged by 57 bps to 0.37% in 2023, then surged by 802 bps to 3.37% in 2024, then plunged by 301 bps to 6.78% in 2025.
- Per Business Quant data, the three most recent Net Margin figures were 6.78% in Q4 2025, 3.37% in Q4 2024, and 0.37% in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -18.33% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 18.93% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 7.47% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 22.90% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -21.25% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 22.77% |
| 10 | Quhuo | 19.18 Mn | -217.20 Mn | 1.19 Mn | -6.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -6.78% |
| Dec 31, 2024 | 3.37% |
| Dec 31, 2023 | 0.37% |
| Dec 31, 2022 | 0.86% |
| Dec 31, 2021 | -2.12% |
| Sep 30, 2021 | 2.25% |
| Jun 30, 2021 | 1.00% |
| Mar 31, 2021 | -9.36% |
| Dec 31, 2020 | 1.70% |
| Sep 30, 2020 | 7.97% |
| Jun 30, 2020 | 3.83% |
| Mar 31, 2020 | -5.17% |
| Dec 31, 2019 | 0.39% |
| Sep 30, 2019 | 1.76% |
| Jun 30, 2019 | 7.29% |