QUHUO LTD (QHUOY) Financials
Newest figures come from the 10-K for FY2025, filed Apr 2, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the QHUOY SEC filings page.
QUHUO LTD (QHUOY) reported $361.2M in revenue for fiscal year 2025, down 13.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Quhuo's shrinking revenue base has lost nearly all gross margin, turning modest scale into a 2025 operating loss.
In FY2025, revenue was$361M and gross margin was0.5% , revealing a business losing scale and unit economics together. SG&A reached$26.9M as operating margin fell to-7.1% , so the smaller revenue base no longer absorbed overhead efficiently.
The balance sheet is becoming less forgiving: total assets fell to
FY2025 operating cash flow was
Financial Health Signals
QUHUO LTD does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
QUHUO LTD scores -0.08, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($16.3M) relative to total liabilities ($64.2M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
QUHUO LTD passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
QUHUO LTD reported a net loss of $21.4M while operations used $5.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
QUHUO LTD reported an operating loss of $25.5M against $600K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
QUHUO LTD held $5.5M in cash against $42K in long-term debt as of Q4 2025, with $56.4M of liabilities due within a year.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
QHUOY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
QHUOY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K | Q2'2510-Q | Q4'2410-K | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $114.2M-3.9% | $118.4M-12.3% | $118.8M-18.3% | $135.0M-9.8% | $145.3M-5.0% | $149.7M | $153.1M-14.8% | $179.7M+3.7% |
| Current Assets | $57.9M-10.6% | $68.3M-25.2% | $64.8M-34.2% | $91.3M-10.0% | $98.5M-5.5% | $101.4M | $104.3M-13.4% | $120.4M+6.9% |
| Cash & Equivalents | $5.5M-36.6% | $4.3M-21.5% | $8.7M+36.1% | $5.5M-65.4% | $6.4M-54.0% | $15.9M | $13.8M+208.4% | $4.5M-70.1% |
| Accounts Receivable | $38.1M-6.0% | $48.2M-20.9% | $40.5M-39.6% | $61.0M-10.7% | $67.0M-6.6% | $68.3M | $71.8M-10.4% | $80.1M+37.2% |
| Goodwill | $9.4M+4.4% | $9.1M+1.5% | $9.0M-2.7% | $9.0M-0.2% | $9.2M-2.9% | $9.0M | $9.5M-9.4% | $10.5M-42.4% |
| Total Liabilities | $64.2M+15.3% | $61.5M-11.7% | $55.7M-24.9% | $69.7M-13.8% | $74.2M-8.3% | $80.9M | $80.9M-22.1% | $103.9M+28.4% |
| Current Liabilities | $56.4M+22.2% | $53.7M-7.5% | $46.2M-28.5% | $58.0M-18.3% | $64.6M-8.7% | $71.1M | $70.7M-26.0% | $95.6M+33.8% |
| Non-Current Liabilities | $7.7M-18.7% | $7.9M-32.5% | $9.5M-0.6% | $11.6M+18.6% | $9.6M-6.0% | $9.8M | $10.2M+22.5% | $8.3M-12.0% |
| Long-Term Debt | $42K-93.5% | $451K-46.7% | $645K-39.2% | $846K+288.1% | $1.1M+461.4% | $218K | $189K | $0-100.0% |
| Total Equity | $50.7M-20.3% | $57.4M-11.1% | $63.7M-10.7% | $64.6M-6.1% | $71.3M-1.9% | $68.8M | $72.7M-1.7% | $73.9M-13.3% |
| Retained Earnings | -$217.8M-15.7% | -$199.2M-0.2% | -$188.2M+2.9% | -$198.7M-3.7% | -$193.9M+3.1% | -$191.6M | -$200.1M+6.7% | -$214.5M-15.8% |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments.
QHUOY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Dividends Paid, Share Buybacks.
QHUOY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Where QUHUO LTD Ranks
Frequently Asked Questions
What is QUHUO LTD's annual revenue?
QUHUO LTD (QHUOY) reported $361.2M in total revenue for fiscal year 2025. This represents a -13.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is QUHUO LTD's revenue growing?
QUHUO LTD (QHUOY) revenue declined by 13.5% year-over-year, from $417.4M to $361.2M in fiscal year 2025.
Is QUHUO LTD profitable?
No, QUHUO LTD (QHUOY) reported a net income of -$21.4M in fiscal year 2025, with a net profit margin of -5.9%.
What is QUHUO LTD's EBITDA?
QUHUO LTD (QHUOY) had EBITDA of -$25.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does QUHUO LTD have?
As of fiscal year 2025, QUHUO LTD (QHUOY) had $5.5M in cash and equivalents against $42K in long-term debt.
What is QUHUO LTD's gross margin?
QUHUO LTD (QHUOY) had a gross margin of 0.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is QUHUO LTD's operating margin?
QUHUO LTD (QHUOY) had an operating margin of -7.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is QUHUO LTD's net profit margin?
QUHUO LTD (QHUOY) had a net profit margin of -5.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is QUHUO LTD's return on equity (ROE)?
QUHUO LTD (QHUOY) has a return on equity of -42.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is QUHUO LTD's free cash flow?
QUHUO LTD (QHUOY) recorded an outflow of $5.6M in free cash flow during fiscal year 2025. This represents a -162.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is QUHUO LTD's operating cash flow?
QUHUO LTD (QHUOY) recorded an outflow of $5.4M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are QUHUO LTD's total assets?
QUHUO LTD (QHUOY) had $114.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are QUHUO LTD's capital expenditures?
QUHUO LTD (QHUOY) invested $208K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does QUHUO LTD spend on research and development?
QUHUO LTD (QHUOY) invested $1.0M in research and development during fiscal year 2025.
What is QUHUO LTD's current ratio?
QUHUO LTD (QHUOY) had a current ratio of 1.03 as of fiscal year 2025, which is considered adequate.
What is QUHUO LTD's debt-to-equity ratio?
QUHUO LTD (QHUOY) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is QUHUO LTD's return on assets (ROA)?
QUHUO LTD (QHUOY) had a return on assets of -18.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is QUHUO LTD's Altman Z-Score?
QUHUO LTD (QHUOY) has an Altman Z-Score of -0.08, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is QUHUO LTD's Piotroski F-Score?
QUHUO LTD (QHUOY) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are QUHUO LTD's earnings high quality?
QUHUO LTD (QHUOY) reported a net loss of $21.4M while operations used $5.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can QUHUO LTD cover its interest payments?
QUHUO LTD (QHUOY) reported an operating loss of $25.5M against $600K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.