Yuanbao (YB) Net Margin (2024 - 2026)
Yuanbao's (YB) quarterly Net Margin came in at 29.0% in Q1 2026, down 361.0% on a YoY basis from 11.11% in Q1 2025, and up 2.32% quarter-over-quarter from 28.35% in Q4 2025.
Analysis
Yuanbao (YB) Net Margin (2024 - 2026) Analysis & Trends
Yuanbao (YB) has reported Net Margin for 3 consecutive years, with 29.0% the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 361.0% year-over-year to 29.0%; the trailing twelve-month figure through Mar 2026 stood at 43.48% (up 2432.0% YoY), and the FY2025 full-year result was 45.71%, up 3234.0% from the prior year.
- Net Margin rose to 29.0% in Q1 2026 per YB's latest filing, from 28.35% in the prior quarter.
- Across five years, Net Margin topped out at 91.8% in Q2 2025 and bottomed at 7.17% in Q3 2024.
- Historically, Net Margin has averaged 29.56% across 3 years, with a median of 28.35% in 2025.
- The sharpest annual moves came in 2025 and 2026: Net Margin jumped 7922 bps in 2025, then sank 361 bps in 2026.
- Over 3 years, Net Margin stood at 22.61% in 2024, then rose by 25 bps to 28.35% in 2025, then rose by 2 bps to 29.0% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 29.0%, 28.35%, and 31.73% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Guidewire Software | 13.52 Bn | 12.77 Bn | 236.65 Mn | 4.42% |
| 2 | Exzeo | 1.49 Bn | 1.36 Bn | 36.84 Mn | 40.27% |
| 3 | Yuanbao | 632.22 Mn | -13.93 Mn | - | 29.00% |
| 4 | Cheche | 230.80 Mn | 211.43 Mn | - | - |
| 5 | Roadzen | 109.13 Mn | 106.01 Mn | 9.27 Mn | -60.39% |
| 6 | Health In Tech | 64.25 Mn | 57.80 Mn | 3.92 Mn | -30.99% |
| 7 | MindForge | 1.99 Mn | -7.88 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 29.00% |
| Dec 31, 2025 | 28.35% |
| Sep 30, 2025 | 31.73% |
| Jun 30, 2025 | 91.80% |
| Mar 31, 2025 | 32.61% |
| Dec 31, 2024 | 22.61% |
| Sep 30, 2024 | 7.17% |
| Jun 30, 2024 | 12.58% |
| Mar 31, 2024 | 10.18% |