Quhuo (QHUOY) Gross Margin (2019 - 2025)
Quhuo (QHUOY) reported Gross Margin of 0.59% for Q4 2025, down 284.0% year-over-year from 0.32% in Q4 2024, and down 82.88% quarter-over-quarter from 3.43% in Q4 2024.
Quhuo (QHUOY) Gross Margin (2019 - 2025) Analysis & Trends
Quhuo (QHUOY) has 7 years of Gross Margin data on file, last reported at 0.59% in Q4 2025.
- Gross Margin for Q4 2025 came in at 0.59%, down 284.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 4.7% (down 108.0% YoY), and the FY2025 annual result was 0.48%, down 194.0% from the prior year.
- Gross Margin fell to 0.59% in Q4 2025 per QHUOY's latest filing, from 3.43% in the prior quarter.
- Over five years, Gross Margin peaked at 8.11% in Q4 2022 and troughed at 2.66% in Q1 2021.
- A 5-year average of 4.01% and a median of 4.81% in 2021 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2021 and 2022: Gross Margin tumbled 598 bps in 2021, then jumped 235 bps in 2022.
- A 5-year view of Gross Margin shows it stood at 5.76% in 2021, then jumped by 41 bps to 8.11% in 2022, then plunged by 37 bps to 5.08% in 2023, then plunged by 32 bps to 3.43% in 2024, then tumbled by 83 bps to 0.59% in 2025.
- Business Quant data shows QHUOY's Gross Margin at 0.59% in Q4 2025, 3.43% in Q4 2024, and 5.08% in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 89.96% |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | 48.77% |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 75.07% |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 85.65% |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 89.62% |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | 48.28% |
| 10 | Quhuo | - | - | 1.17 Mn | 0.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.59% |
| Dec 31, 2024 | 3.43% |
| Dec 31, 2023 | 5.08% |
| Dec 31, 2022 | 8.11% |
| Dec 31, 2021 | 5.76% |
| Sep 30, 2021 | 4.54% |
| Jun 30, 2021 | 7.24% |
| Mar 31, 2021 | -2.66% |
| Dec 31, 2020 | 4.60% |
| Sep 30, 2020 | 10.51% |
| Jun 30, 2020 | 11.02% |
| Mar 31, 2020 | 2.84% |
| Dec 31, 2019 | 6.54% |
| Sep 30, 2019 | 7.45% |
| Jun 30, 2019 | 11.79% |