What is QUTOUTIAO INC's earnings per share (EPS)?

QUTOUTIAO INC (QTTOY) reported diluted earnings per share of -$0.59 for fiscal year 2024. This represents a 3.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

QUTOUTIAO INC (QTTOY) Financials

QTTOY

FY2024 annual

Revenue $140.0M +33.3% YoY

Net Income -$23.0M +12.1% YoY

EPS (Diluted) -$0.59 +3.3% YoY

Free Cash Flow $505K +105.5% YoY

Market Cap $9K as of Sep 14, 2026

Price / Sales 0.0x on $140.0M revenue, FY2024

Price / Earnings n/m net loss, so no earnings multiple, FY2024

Price / Book n/m negative shareholder equity, so no book multiple, Q4 FY2024

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2024, ended Dec 31, 2024 Reported Apr 30, 2025 Currency USD FYE December

Newest figures come from the 10-K for FY2024, filed Apr 30, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the QTTOY SEC filings page.

QUTOUTIAO INC (QTTOY) reported $140.0M in revenue for fiscal year 2024, up 33.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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).

Rhea AI QTTOY FY2024 2026-08-30

Qutoutiao’s 2024 turnaround is operational, but interest expense still converts operating profit into a net loss.

Revenue rebounded 33.3% in FY2024 while operating margin moved from -0.3% to 3.3%, indicating the smaller cost base absorbed volume more effectively. Interest expense was $26M against $4.6M of operating profit, so financing costs—not core operating costs—remained the bridge between operating profitability and a net loss.

Cash conversion improved with the operating result: operating cash flow turned positive in FY2024 after being negative in FY2023, while free cash flow was also positive at $505K. Because capital expenditures were only $20K, the cash improvement reflects operations rather than reduced reinvestment.

The balance sheet remains structurally strained: total liabilities were about 10.0x total assets, and negative equity of -$591M makes conventional debt-to-equity ratios economically difficult to interpret. A 0.5x current ratio also indicates that current assets did not cover current liabilities at year-end, leaving the financing posture largely unchanged despite the operating improvement.

Financial Health Signals

Financial health score not available

QUTOUTIAO INC 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.

Altman Z-Score Distress

-25.14

QUTOUTIAO INC scores -25.14, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($9K) relative to total liabilities ($656.7M). 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.

Piotroski F-Score Partial

6/7

QUTOUTIAO INC passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

N/A

QUTOUTIAO INC reported a net loss of $23.0M while generating $525K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

0.17x

QUTOUTIAO INC earns $0.17 in operating income for every $1 of interest expense ($4.6M vs $26.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

None of these metrics is reported for Q4 2024.

Cash & Balance Sheet

Cash & Debt

$9.3M

YoY-11.8%

QoQ-11.8%

QUTOUTIAO INC held $9.3M in cash as of Q4 2024; long-term debt is not reported for that period.

Free Cash Flow

Not reported for Q4 2024.

Dividends Per Share

Not reported for Q4 2024.

Shares Outstanding

Not reported for Q4 2024.

Margins & Returns

None of these metrics is reported for Q4 2024.

Capital Allocation

None of these metrics is reported for Q4 2024.

QTTOY 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.

QTTOY quarterly income statement

Metric	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K
Revenue	$140.0M+33.3%	$105.0M-33.1%	$157.0M-76.9%	$681.0M-15.9%	$810.0M+1.2%	$800.1M+82.0%	$439.6M	N/A
Cost of Revenue	$76.6M+30.9%	$58.5M-26.3%	$79.5M-52.6%	$167.6M-33.4%	$251.9M+9.7%	$229.6M+217.2%	$72.4M	N/A
Gross Profit	$63.2M+36.2%	$46.4M-38.5%	$75.5M-84.8%	$497.1M-10.2%	$553.4M-2.0%	$564.4M+54.1%	$366.3M	N/A
R&D Expenses	$9.7M-35.2%	$15.0M-43.9%	$26.8M-69.1%	$86.6M-40.4%	$145.3M+9.2%	$133.0M+238.7%	$39.3M	N/A
SG&A Expenses	$18.1M+130.1%	$7.9M-65.1%	$22.5M-66.7%	$67.8M+12.6%	$60.2M+57.0%	$38.4M-73.1%	$142.6M	N/A
Operating Income	$4.6M+1817.2%	-$267K+99.4%	-$46.2M+75.3%	-$187.2M-18.4%	-$158.2M+59.6%	-$391.2M-35.7%	-$288.2M	N/A
EBITDA	$4.6M+1231.6%	$345K+100.8%	-$45.8M+75.3%	-$185.5M-18.7%	-$156.3M+59.9%	-$389.7M-35.5%	-$287.6M	N/A
Interest Expense	$26.4M+11.6%	$23.7M-62.7%	$63.5M+1045.1%	$5.5M-1.6%	$5.6M+46.1%	$3.9M-15.2%	$4.6M	N/A
Income Tax	-$122K+57.2%	-$285K-87.5%	-$152K-131.7%	$479K+410.3%	-$154K-122.2%	$696K+1294.1%	-$58K	N/A
Net Income	-$23.0M+12.1%	-$26.1M+80.3%	-$132.6M+31.8%	-$194.5M-14.9%	-$169.3M+56.2%	-$386.2M-36.7%	-$282.5M-180.4%	-$100.8M
EPS (Basic)	-$0.59+3.3%	-$0.61+69.0%	-$1.97	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	-$0.59+3.3%	-$0.61	-$1.97	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	77M0.0%	77M	77M+1.1%	76M+4.5%	73M	N/A	N/A	N/A

Metric	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q4'1910-K	Q2'1910-Q	Q4'1810-K

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).

QTTOY Balance Sheet

QTTOY quarterly balance sheet

Metric	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K
Total Assets	$65.6M+12.6%	$58.2M-30.9%	$84.3M-74.2%	$326.5M-26.9%	$446.9M+5.8%	$422.3M+5.5%	$400.3M	N/A
Current Assets	$59.7M+21.4%	$49.2M-29.6%	$69.9M-76.1%	$292.3M-22.9%	$378.9M-2.0%	$386.7M+1.2%	$381.9M	N/A
Cash & Equivalents	$9.3M-11.8%	$10.5M-40.9%	$17.8M-52.8%	$37.7M-50.2%	$75.8M+51.7%	$50.0M-84.3%	$318.5M+686.3%	$40.5M
Short-Term Investments	$0	$0-100.0%	$3.8M-92.9%	$53.8M-10.2%	$59.9M-67.3%	$183.4M+992.4%	$16.8M	$0
Accounts Receivable	$26.6M+157.0%	$10.4M-39.1%	$17.0M-85.9%	$121.0M+7.0%	$113.1M+49.4%	$75.7M+155.1%	$29.7M	N/A
Long-Term Investments	$0	$0	$0-100.0%	$222K-98.3%	$12.7M+135.3%	$5.4M	$0	$0
Goodwill	N/A	$1.0M-2.8%	$1.1M-7.6%	$1.1M+2.4%	$1.1M+6.7%	$1.0M-1.2%	$1.1M	N/A
Total Liabilities	$656.7M+7.2%	$612.8M+1.3%	$604.9M-13.8%	$701.4M+9.1%	$643.2M+42.2%	$452.4M+171.8%	$166.4M	N/A
Current Liabilities	$115.7M+1.7%	$113.8M-71.3%	$396.7M-22.5%	$512.1M+77.2%	$289.0M+7.3%	$269.4M+66.7%	$161.6M	N/A
Non-Current Liabilities	$298.5M+8.1%	$276.0M+8704.9%	$3.1M-41.5%	$5.4M-97.1%	$187.2M+2.3%	$183.0M+3676.3%	$4.8M	N/A
Total Equity	-$591.2M-6.6%	-$554.6M-6.5%	-$520.6M-38.8%	-$375.0M-91.0%	-$196.3M-94.8%	-$100.8M-145.7%	$220.3M	N/A
Retained Earnings	-$1.2B-0.9%	-$1.2B-1.0%	-$1.2B-5.5%	-$1.2B-25.4%	-$920.6M-31.8%	-$698.4M-123.0%	-$313.2M	N/A

Metric	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q4'1910-K	Q2'1910-Q	Q4'1810-K
Total Assets	$65.6M+12.6%	$58.2M-30.9%	$84.3M-74.2%	$326.5M-26.9%	$446.9M+5.8%	$422.3M+5.5%	$464.3M	$400.3M
Current Assets	$59.7M+21.4%	$49.2M-29.6%	$69.9M-76.1%	$292.3M-22.9%	$378.9M-2.0%	$386.7M+1.2%	$428.9M	$381.9M
Cash & Equivalents	$9.3M-11.8%	$10.5M-40.9%	$17.8M-52.8%	$37.7M-50.2%	$75.8M+51.7%	$50.0M-84.3%	$306.4M	$318.5M
Short-Term Investments	$0	$0-100.0%	$3.8M-92.9%	$53.8M-10.2%	$59.9M-67.3%	$183.4M+992.4%	$26.8M	$16.8M
Accounts Receivable	$26.6M+157.0%	$10.4M-39.1%	$17.0M-85.9%	$121.0M+7.0%	$113.1M+49.4%	$75.7M+155.1%	$59.8M	$29.7M
Long-Term Investments	$0	$0	$0-100.0%	$222K-98.3%	$12.7M+135.3%	$5.4M	$4.7M	$0
Goodwill	N/A	$1.0M-2.8%	$1.1M-7.6%	$1.1M+2.4%	$1.1M+6.7%	$1.0M-1.2%	$1.1M	$1.1M
Total Liabilities	$656.7M+7.2%	$612.8M+1.3%	$604.9M-13.8%	$701.4M+9.1%	$643.2M+42.2%	$452.4M+171.8%	$374.4M	$166.4M
Current Liabilities	$115.7M+1.7%	$113.8M-71.3%	$396.7M-22.5%	$512.1M+77.2%	$289.0M+7.3%	$269.4M+66.7%	$193.7M	$161.6M
Non-Current Liabilities	$298.5M+8.1%	$276.0M+8704.9%	$3.1M-41.5%	$5.4M-97.1%	$187.2M+2.3%	$183.0M+3676.3%	$180.7M	$4.8M
Total Equity	-$591.2M-6.6%	-$554.6M-6.5%	-$520.6M-38.8%	-$375.0M-91.0%	-$196.3M-94.8%	-$100.8M-145.7%	$71.3M	$220.3M
Retained Earnings	-$1.2B-0.9%	-$1.2B-1.0%	-$1.2B-5.5%	-$1.2B-25.4%	-$920.6M-31.8%	-$698.4M-123.0%	-$496.4M	-$313.2M

Not reported in any period shown, so not listed: Inventory, Long-Term Debt.

QTTOY Cash Flow Statement

QTTOY quarterly cash flow statement

Metric	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K
Operating Cash Flow	$525K+105.7%	-$9.3M+85.6%	-$64.3M-46.9%	-$43.8M+66.9%	-$132.4M+61.1%	-$340.0M-437.8%	-$63.2M	N/A
Depreciation & Amortization	$9K-98.5%	$612K+81.6%	$337K-80.7%	$1.7M-6.3%	$1.9M+29.5%	$1.4M+130.2%	$624K	N/A
Stock-Based Compensation	$938K-82.2%	$5.3M-48.3%	$10.2M-67.6%	$31.4M-55.8%	$71.0M+81.7%	$39.1M-71.8%	$138.4M	N/A
Capital Expenditures	$20K+150.0%	$8K+700.0%	$1K-99.9%	$1.2M+25.7%	$950K-69.0%	$3.1M+41.3%	$2.2M	N/A
Free Cash Flow	$505K+105.5%	-$9.3M+85.6%	-$64.3M-43.0%	-$45.0M+66.3%	-$133.3M+61.1%	-$343.1M-424.6%	-$65.4M	N/A
Investing Cash Flow	-$20K-100.5%	$3.7M-90.4%	$38.8M+227.4%	$11.8M-90.1%	$119.9M+168.2%	-$175.8M-1567.7%	-$10.5M	N/A
Financing Cash Flow	N/A	N/A	-$2.9M+72.0%	-$10.4M-122.0%	$47.2M-81.4%	$254.0M-24.0%	$334.2M	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	$0	$0	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	$20.4M	N/A	N/A

Metric	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q4'1910-K	Q2'1910-Q	Q4'1810-K

Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.

QTTOY 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.

QTTOY quarterly financial ratios

Metric	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K
Gross Margin	45.2%+1.0pp	44.2%-3.8pp	48.0%-24.9pp	73.0%+4.7pp	68.3%-2.2pp	70.5%-12.8pp	83.3%	N/A
Operating Margin	3.3%+3.5pp	-0.3%+29.2pp	-29.4%-1.9pp	-27.5%-8.0pp	-19.5%+29.4pp	-48.9%+16.7pp	-65.6%	N/A
Net Margin	-16.4%+8.5pp	-24.9%+59.6pp	-84.5%-55.9pp	-28.6%-7.7pp	-20.9%+27.4pp	-48.3%+16.0pp	-64.3%	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	-128.3%	N/A
Return on Assets	-35.0%+9.8pp	-44.8%+112.5pp	-157.3%-97.7pp	-59.6%-21.7pp	-37.9%+53.6pp	-91.5%-20.9pp	-70.6%	N/A
Current Ratio	0.52+0.1x	0.43+0.3x	0.18-0.4x	0.57-0.7x	1.31-0.1x	1.44-0.9x	2.36	N/A
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	0.76	N/A
Asset Turnover	2.13+0.3x	1.80-0.1x	1.86-0.2x	2.09+0.3x	1.81-0.1x	1.89+0.8x	1.10	N/A
FCF Margin	0.4%+9.2pp	-8.8%+32.2pp	-41.0%-34.4pp	-6.6%+9.8pp	-16.5%+26.4pp	-42.9%-28.0pp	-14.9%	N/A

Metric	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q4'1910-K	Q2'1910-Q	Q4'1810-K
Current Ratio	0.52+0.1x	0.43+0.3x	0.18-0.4x	0.57-0.7x	1.31-0.1x	1.44-0.9x	2.21	2.36
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	5.25	0.76

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.

Note: Shareholder equity is negative (-$591.2M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.52), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Where QUTOUTIAO INC Ranks

Frequently Asked Questions

What is QUTOUTIAO INC's annual revenue?

QUTOUTIAO INC (QTTOY) reported $140.0M in total revenue for fiscal year 2024. This represents a 33.3% 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 QUTOUTIAO INC's revenue growing?

QUTOUTIAO INC (QTTOY) revenue grew by 33.3% year-over-year, from $105.0M to $140.0M in fiscal year 2024.

Is QUTOUTIAO INC profitable?

No, QUTOUTIAO INC (QTTOY) reported a net income of -$23.0M in fiscal year 2024, with a net profit margin of -16.4%.

What is QUTOUTIAO INC's EBITDA?

QUTOUTIAO INC (QTTOY) had EBITDA of $4.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is QUTOUTIAO INC's gross margin?

QUTOUTIAO INC (QTTOY) had a gross margin of 45.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is QUTOUTIAO INC's operating margin?

QUTOUTIAO INC (QTTOY) had an operating margin of 3.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is QUTOUTIAO INC's net profit margin?

QUTOUTIAO INC (QTTOY) had a net profit margin of -16.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is QUTOUTIAO INC's free cash flow?

QUTOUTIAO INC (QTTOY) generated $505K in free cash flow during fiscal year 2024. This represents a 105.5% 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 QUTOUTIAO INC's operating cash flow?

QUTOUTIAO INC (QTTOY) generated $525K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are QUTOUTIAO INC's total assets?

QUTOUTIAO INC (QTTOY) had $65.6M in total assets as of fiscal year 2024, including both current and long-term assets.

What are QUTOUTIAO INC's capital expenditures?

QUTOUTIAO INC (QTTOY) invested $20K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does QUTOUTIAO INC spend on research and development?

QUTOUTIAO INC (QTTOY) invested $9.7M in research and development during fiscal year 2024.

What is QUTOUTIAO INC's current ratio?

QUTOUTIAO INC (QTTOY) had a current ratio of 0.52 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is QUTOUTIAO INC's return on assets (ROA)?

QUTOUTIAO INC (QTTOY) had a return on assets of -35.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is QUTOUTIAO INC's P/E ratio?

QUTOUTIAO INC (QTTOY) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2024). The market capitalization is $9K as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is QUTOUTIAO INC's price-to-sales ratio?

QUTOUTIAO INC (QTTOY) trades at 0.0x sales, its market capitalization divided by revenue of $140.0M revenue, FY2024. The market capitalization is $9K as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Why is QUTOUTIAO INC's debt-to-equity ratio negative or not reported?

QUTOUTIAO INC (QTTOY) has negative shareholder equity of -$591.2M as of fiscal year 2024, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is QUTOUTIAO INC's Altman Z-Score?

QUTOUTIAO INC (QTTOY) has an Altman Z-Score of -25.14, 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 QUTOUTIAO INC's Piotroski F-Score?

QUTOUTIAO INC (QTTOY) has a Piotroski F-Score of 6 out of 7 computable signals; 2 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 QUTOUTIAO INC's earnings high quality?

QUTOUTIAO INC (QTTOY) reported a net loss of $23.0M while generating $525K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, 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 QUTOUTIAO INC cover its interest payments?

QUTOUTIAO INC (QTTOY) has an interest coverage ratio of 0.17x, meaning it can struggle to cover its interest obligations. 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.