QUHUO Ltd QH
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $361.20M, -13.5% YoY · Filed Apr 2, 2026
QUHUO Ltd (QH) files with the SEC under industry code 7389, Services-Business Services, NEC. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $361.2 million and a net loss of $21.4 million. Free cash flow was -$5.6 million. As of Dec 31, 2025 it held $5.7 million in cash and investments and $261,000 in total debt.
Revenue
$361.20M
-13.5% vs prior year
Net income
$-21.37M
-5860.6% vs prior year
Operating cash flow
$-5.43M
-168.7% vs prior year
Free cash flow
$-5.63M
-162.5% vs prior year
EPS
$-0.02
Dividend per share
None
Shares outstanding
14.97M
Net cash
$5.43M
FY 2025
Operating margin
-7.0%
FY 2025
Company profile
- Industry
- Services-Business Services, NEC (SIC 7389)
- Listed as
- QH (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Chaoyang District Beijing
- SEC filer status
- Accelerated filer
- SEC CIK
- 1781193
Other Services-Business Services, NEC companies
- Visa Inc. V
- Mastercard Inc MA
- Alibaba Group Holding Ltd BABA
- Accenture plc ACN
- Uber Technologies, Inc UBER
- PDD Holdings Inc. PDD
- Mercadolibre Inc MELI
- DoorDash, Inc. DASH
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $361.2M | $417.4M | $521.5M | $553.9M | $631.7M |
| Operating income | -$25.5M | -$1.4M | -$1.1M | $5.2M | -$21.9M |
| Net income | -$21.4M | $371,000 | $469,000 | -$1.9M | -$24.8M |
| Diluted EPS | -$0.02 | $0.00 | $0.01 | -$0.03 | -$0.56 |
| Operating cash flow | -$5.4M | -$2.0M | -$13.7M | $10.8M | -$4.8M |
| Free cash flow | -$5.6M | -$2.1M | -$13.7M | $10.2M | -$6.3M |
| Total assets | $114.2M | $118.8M | $145.3M | $153.1M | $179.7M |
| Total liabilities | $64.2M | $55.7M | $74.2M | $80.9M | $103.9M |
| Stockholders' equity | $50.7M | $63.7M | $71.3M | $72.7M | $73.9M |
| Cash and investments | $5.7M | $8.9M | $16.2M | $24.0M | $33.5M |
| Total debt | $261,000 | $31.8M | $27.5M | $19.8M | $47.6M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Oct 28, 2026 | Oct 28, 2026 |
| 6-K | Current report (foreign issuer) | Oct 27, 2026 | Oct 27, 2026 |
| 6-K | Current report (foreign issuer) | Jul 15, 2026 | Jul 15, 2026 |
| 6-K | Current report (foreign issuer) | Jul 9, 2026 | Jul 9, 2026 |
| 6-K | Current report (foreign issuer) | Jul 7, 2026 | Jul 7, 2026 |
| 6-K | Current report (foreign issuer) | Jun 11, 2026 | Jun 11, 2026 |
Source: SEC EDGAR filings. This is company-reported data, not investment advice.