iHuman (IH) Q3 2025 earnings summary

Executive summary

• Revenues for Q3 2025 were RMB205.8 million (US$28.9 million), down from RMB239.4 million year-over-year.

• Net income was RMB21.6 million (US$3.0 million), compared to RMB25.1 million in the same quarter last year.

• Average total MAUs reached 26.13 million, down from 29.12 million year-over-year.

• Continued product innovation, including enhancements to iHuman English and launch of AI-powered smart devices.

• Strategic expansion into older age cohorts and new platforms, including smart home and in-vehicle systems.

Financial highlights

• Gross profit was RMB140.6 million (US$19.8 million), down from RMB163.9 million year-over-year.

• Gross margin remained stable at 68.3% versus 68.4% last year.

• Operating income was RMB16.7 million (US$2.3 million), down from RMB20.7 million year-over-year.

• Basic and diluted net income per ADS were RMB0.42 and RMB0.40, respectively, compared to RMB0.48 and RMB0.47 last year.

• Cash, cash equivalents, and short-term investments totaled RMB1,128.2 million (US$158.5 million) as of September 30, 2025.

Outlook and guidance

• Management remains confident in long-term growth, focusing on innovation, technology, and creative excellence.

• Strategic investments will continue to address evolving family needs and expand market reach.