Chinese edtech firm iHuman Q2 revenue falls amid lower demand
IH•iHuman’s second-quarter 2026 revenue fell 18% year over year to RMB 173.4 million, and it reported a net loss versus net income a year earlier. Gross margin was 64.1%, while operating expenses rose to RMB 132 million.
1. Quarterly results
iHuman reported second-quarter 2026 revenue of RMB 173.4 million, down 18% year over year. Gross profit was RMB 111.2 million, gross margin was 64.1%, and operating expenses were RMB 132 million. The company reported a net loss, compared with net income a year earlier.
2. Demand and spending
The company attributed declines in revenue and monthly active users mainly to a drop in China’s newborn population and more conservative consumer spending. It said operating expenses increased because of strategic spending on promotional activities and brand enhancement. iHuman provided no specific financial guidance for current or future periods.
