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Side-by-side financial comparison of QUHUO Ltd (QH) and WORKIVA INC (WK). Click either name above to swap in a different company.

WORKIVA INC is the larger business by last-quarter revenue ($238.9M vs $157.9M, roughly 1.5× QUHUO Ltd).

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.

Workiva, Inc. is a global software-as-a-service (SaaS) company. It provides a cloud-based connected and reporting compliance platform that enables the use of connected data and automation of reporting across finance, accounting, risk, and compliance.

QH vs WK — Head-to-Head

Bigger by revenue
WK
WK
1.5× larger
WK
$238.9M
$157.9M
QH

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
QH
QH
WK
WK
Revenue
$157.9M
$238.9M
Net Profit
$11.8M
Gross Margin
80.7%
Operating Margin
3.3%
Net Margin
4.9%
Revenue YoY
19.5%
Net Profit YoY
234.0%
EPS (diluted)
$0.21

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
QH
QH
WK
WK
Q4 25
$238.9M
Q3 25
$224.2M
Q2 25
$157.9M
$215.2M
Q1 25
$206.3M
Q4 24
$199.9M
Q3 24
$185.6M
Q2 24
$222.9M
$177.5M
Q1 24
$175.7M
Net Profit
QH
QH
WK
WK
Q4 25
$11.8M
Q3 25
$2.8M
Q2 25
$-19.4M
Q1 25
$-21.4M
Q4 24
$-8.8M
Q3 24
$-17.0M
Q2 24
$-6.4M
$-17.5M
Q1 24
$-11.7M
Gross Margin
QH
QH
WK
WK
Q4 25
80.7%
Q3 25
79.3%
Q2 25
77.0%
Q1 25
76.6%
Q4 24
77.1%
Q3 24
76.5%
Q2 24
1.5%
76.8%
Q1 24
76.4%
Operating Margin
QH
QH
WK
WK
Q4 25
3.3%
Q3 25
-1.5%
Q2 25
-10.3%
Q1 25
-12.0%
Q4 24
-6.7%
Q3 24
-11.7%
Q2 24
-2.7%
-13.0%
Q1 24
-10.4%
Net Margin
QH
QH
WK
WK
Q4 25
4.9%
Q3 25
1.2%
Q2 25
-9.0%
Q1 25
-10.4%
Q4 24
-4.4%
Q3 24
-9.2%
Q2 24
-2.9%
-9.9%
Q1 24
-6.7%
EPS (diluted)
QH
QH
WK
WK
Q4 25
$0.21
Q3 25
$0.05
Q2 25
$-0.35
Q1 25
$-0.38
Q4 24
$-0.15
Q3 24
$-0.31
Q2 24
$-0.32
Q1 24
$-0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
QH
QH
WK
WK
Cash + ST InvestmentsLiquidity on hand
$4.3M
$338.8M
Total DebtLower is stronger
$858.0K
Stockholders' EquityBook value
$57.4M
$-5.4M
Total Assets
$118.4M
$1.5B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QH
QH
WK
WK
Q4 25
$338.8M
Q3 25
$315.9M
Q2 25
$4.3M
$284.3M
Q1 25
$242.0M
Q4 24
$301.8M
Q3 24
$248.2M
Q2 24
$14.3M
$267.9M
Q1 24
$296.1M
Total Debt
QH
QH
WK
WK
Q4 25
Q3 25
Q2 25
$858.0K
Q1 25
Q4 24
Q3 24
Q2 24
$1.2M
Q1 24
Stockholders' Equity
QH
QH
WK
WK
Q4 25
$-5.4M
Q3 25
$-36.9M
Q2 25
$57.4M
$-66.5M
Q1 25
$-75.7M
Q4 24
$-41.7M
Q3 24
$-50.8M
Q2 24
$64.6M
$-77.7M
Q1 24
$-83.2M
Total Assets
QH
QH
WK
WK
Q4 25
$1.5B
Q3 25
$1.4B
Q2 25
$118.4M
$1.3B
Q1 25
$1.3B
Q4 24
$1.4B
Q3 24
$1.3B
Q2 24
$135.0M
$1.2B
Q1 24
$1.2B
Debt / Equity
QH
QH
WK
WK
Q4 25
Q3 25
Q2 25
0.01×
Q1 25
Q4 24
Q3 24
Q2 24
0.02×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
QH
QH
WK
WK
Operating Cash FlowLast quarter
$-5.8M
$51.0M
Free Cash FlowOCF − Capex
$50.7M
FCF MarginFCF / Revenue
21.2%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
4.31×
TTM Free Cash FlowTrailing 4 quarters
$138.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QH
QH
WK
WK
Q4 25
$51.0M
Q3 25
$46.2M
Q2 25
$-5.8M
$50.3M
Q1 25
$-7.4M
Q4 24
$44.0M
Q3 24
$18.9M
Q2 24
$-14.0K
Q1 24
$24.8M
Free Cash Flow
QH
QH
WK
WK
Q4 25
$50.7M
Q3 25
$46.1M
Q2 25
$49.3M
Q1 25
$-8.1M
Q4 24
$43.2M
Q3 24
$18.7M
Q2 24
$-122.0K
Q1 24
$24.6M
FCF Margin
QH
QH
WK
WK
Q4 25
21.2%
Q3 25
20.5%
Q2 25
22.9%
Q1 25
-3.9%
Q4 24
21.6%
Q3 24
10.1%
Q2 24
-0.1%
Q1 24
14.0%
Capex Intensity
QH
QH
WK
WK
Q4 25
0.1%
Q3 25
0.0%
Q2 25
0.5%
Q1 25
0.4%
Q4 24
0.4%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
0.1%
Cash Conversion
QH
QH
WK
WK
Q4 25
4.31×
Q3 25
16.57×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

QH
QH

Segment breakdown not available.

WK
WK

License And Service$219.3M92%
XBRL Professional Services$16.4M7%
Other Services$3.2M1%

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