Aurora Mobile (JG) Q1 2025 earnings summary

Executive summary

• Achieved 38% year-over-year revenue growth in Q1 2025, reaching RMB 89 million, the highest Q1 revenue since transitioning to pure SaaS, driven by globalization, strong performance across all business lines, and overseas expansion.

• Notable expansion in overseas markets, new product launches such as JVerification (HK Edition) and GPTBots.ai, and strategic partnerships with REDtone Digital Berhad and Zanroo Malaysia supported global growth.

• EngageLab recognized revenue grew 127% year-over-year, with cumulative contract value exceeding RMB 110 million and over RMB 63 million in new contracts signed in Q1.

• Net loss narrowed by 38% year-over-year to RMB 1.6 million, with adjusted EBITDA positive for the seventh consecutive quarter.

• All business segments, including developer services, subscription services, value-added services, and financial risk management, recorded significant year-over-year growth.

Financial highlights

• Q1 2025 revenue was RMB 89 million, a 38% year-over-year increase, with gross profit reaching RMB 58.8 million and gross margin improving to 66.1%.

• Developer Services revenue grew 39% year-over-year, Value-Added Services surged 269%, and Vertical Applications increased 35% year-over-year.

• Financial Risk Management revenue reached RMB 22.2 million, up 64% year-over-year, achieving record quarterly results.

• Deferred revenue hit a record RMB 156.9 million, indicating strong future revenue visibility.

• Operating expenses rose 14% year-over-year to RMB 60.6 million, mainly due to increased sales and marketing.

Outlook and guidance

• Q2 2025 revenue guidance is RMB 87.5–90.5 million, representing 10–14% year-over-year growth.

• Management expects continued momentum from global expansion, product innovation, and investment in enterprise AI agent platform.