iHuman
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iHuman (IH) investor relations material

iHuman Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary29 Jun, 2026

Executive summary

  • Revenues declined to RMB182.5 million (US$26.5 million), down from RMB210.4 million year-over-year, mainly due to demographic shifts and conservative consumer spending in China.

  • Net income dropped to RMB4.5 million (US$0.7 million) from RMB26.5 million in the prior year period.

  • Operating loss was RMB10.1 million (US$1.5 million), reversing from an operating income of RMB21.6 million a year ago.

  • Average total MAUs fell to 23.62 million from 26.51 million year-over-year, reflecting demographic headwinds.

  • Strategic focus on AI-powered product innovation, international expansion, and ecosystem growth, including the acquisition of All Knowledge and Perfect Lingo.

Financial highlights

  • Gross profit was RMB122.0 million (US$17.7 million), down from RMB143.8 million year-over-year.

  • Gross margin decreased to 66.8% from 68.3% in the prior year.

  • Total operating expenses rose 8.1% to RMB132.1 million, driven by higher sales and marketing spend.

  • Research and development expenses were RMB56.5 million, up slightly from RMB55.4 million.

  • Sales and marketing expenses increased 21.6% to RMB50.2 million.

Outlook and guidance

  • Management expects long-term growth driven by AI innovation, new product development, and international expansion.

  • Continued investment in content, AI, and user engagement to reinforce competitive positioning.

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