QUHUO Ltd revenue by segment QH
QUHUO Ltd splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was On Demand Delivery Solution Services at $333.8 million, 92% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was On Demand Delivery Solution Services at $333.8 million, 92% of the total.
USD in millions. The percent under a figure is the change from the year before.
| 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
|
FY 2020
Dec 31, 2020
|
|---|---|---|---|---|---|---|
| Revenue |
361
|
417
|
521
|
554
|
632
|
394
|
| Operating segments | ||||||
| On Demand Delivery Solution Services |
334
share 92.4%
|
—
|
—
|
—
|
—
|
—
|
| All Other Segments |
27
share 7.6%
|
—
|
—
|
—
|
—
|
—
|
| Sales mix | ||||||
| On Demand Delivery Solution Services |
334
share 92.4%
|
—
|
3,413
-6.2%
share 654.5%
|
3,639
-5.0%
share 656.9%
|
3,829
+50.9%
share 606.2%
|
2,537
share 643.9%
|
| Mobility Solution Services |
17
share 4.6%
|
—
|
234
+116.4%
share 44.8%
|
108
-1.9%
share 19.5%
|
110
+248.8%
share 17.4%
|
32
share 8.0%
|
| Housekeeping Services |
11
share 3.0%
|
—
|
49
-32.9%
share 9.3%
|
73
-9.0%
share 13.1%
|
80
+542.8%
share 12.6%
|
12
share 3.1%
|
| Other services |
0
share 0.0%
|
—
|
7
+613.5%
share 1.4%
|
1
-84.5%
share 0.2%
|
6
share 1.0%
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. More on our methodology.
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
Source: SEC EDGAR filings. This is company-reported data, not investment advice.