iHuman's Q3 revenue falls on lower newborn population

Reuters

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iHuman's Q3 revenue falls on lower newborn population

Overview

China's tech-powered learning provider's Q3 revenue fell yr/yr due to lower newborn population
Company maintained profitability for 15th consecutive quarter
Company extended share repurchase program through December 2026

Outlook

iHuman to prioritize investment in innovation and technology
Company sees strategic expansion to serve older age cohorts

Result Drivers

DECLINE IN NEWBORNS - Revenue and MAUs decreased due to a decline in China's newborn population and conservative consumer spending
PRODUCT INNOVATION - Co focused on product innovation and expanding offerings to older age groups, enhancing iHuman English and launching new products like iHuman AI Pal
EXPANDED MARKET REACH - Co expanded into smart home and in-vehicle systems, broadening user access to its products

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue		RMB 205.80 mln
Q3 Gross Margin		68.30%
Q3 Gross Profit		RMB 140.60 mln
Q3 Operating Expenses		RMB 124 mln

Press Release: ID:nPn1tHZtCa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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