QUHUO LtdQHEarnings & Financial Report
QUHUO Ltd. operates an on-demand lifestyle service platform focused on the Chinese mainland market. Its core offerings include gig workforce solutions, community group-buy services, and local life service matching for merchants and individual users, covering household services, catering operation support, and community retail segments to effectively connect service providers with end consumers.
Revenue
$222.9M
Gross Profit
$3.4M
Operating Profit
$-6.1M
Net Profit
$-6.4M
Gross Margin
1.5%
Operating Margin
-2.7%
Net Margin
-2.9%
YoY Growth
N/A
Financial Flow
QUHUO Ltd Q2 2024 Financial Summary
QUHUO Ltd reported revenue of $222.9M for Q2 2024, with a net profit of $-6.4M (-2.9% margin). Cost of goods sold was $219.5M, operating expenses totaled $9.5M.
Key Financial Metrics
| Total Revenue | $222.9M |
|---|---|
| Net Profit | $-6.4M |
| Gross Margin | 1.5% |
| Operating Margin | -2.7% |
| Report Period | Q2 2024 |
QUHUO Ltd Quarterly Revenue & Net Profit History
QUHUO Ltd results over the last 2 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 2025 | $157.9M | — | N/A | N/A |
| Q2 2024 | $222.9M | — | $-6.4M | -2.9% |
Income Statement
| Q2 2024 | Q2 2025 | |
|---|---|---|
| Revenue | $222.9M | $157.9M |
| YoY Growth | N/A | N/A |
Balance Sheet
| Q2 2024 | Q2 2025 | |
|---|---|---|
| Assets | $135.0M | $118.4M |
| Liabilities | $69.7M | $61.5M |
| Equity | $64.6M | $57.4M |
Cash Flow
| Q2 2025 | |
|---|---|
| Operating CF | $-5.8M |