Huize Holding (HUIZ) Q2 2026 earnings summary

Executive summary

• Achieved record GWP of RMB 4,196.4 million in H1 2026, up 29.8% year-over-year, and FYP of RMB 2,763.0 million, up 48.7% year-over-year.

• Total revenue reached RMB 719.8 million, with net profit attributable to shareholders at RMB 25.3 million, up from RMB 2.3 million in H1 2025.

• Customer base expanded by 789,000 to 13.1 million, with persistency ratios above 95%.

• AI adoption deepened across operations, driving efficiency, productivity, and customer engagement.

• New product launches and AI-driven initiatives supported profitability and innovation.

Financial highlights

• GWP up 29.8% year-over-year to RMB 4,196.4 million; FYP up 48.7% to RMB 2,763.0 million.

• Operating revenue reached RMB 719.8 million (+5.8% YoY); net profit attributable to shareholders at RMB 25.3 million.

• Cash and cash equivalents at RMB 241.4 million as of June 30, 2026.

• Expense-to-income ratio improved to 24.2%.

• International revenue reached RMB 220 million, with Vietnam and Singapore showing strong growth.

Outlook and guidance

• Focus on advancing AI-native strategy to enhance customer experience and operational efficiency.

• Plans to accelerate product innovation in savings and health protection, and deepen international expansion via Hong Kong and Singapore hubs.

• No plans for new market entry in next 12-24 months; focus on scaling existing international businesses.

• Continued growth expected through AI-powered customer acquisition and tailored products.