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
DateValue
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%