Quhuo Limited Reports Financial Results for the Second Half and Full Year 2025

Quhuo Limited reported its unaudited financial results for the second half and full year ended December 31, 2025. For the second half of 2025, revenues were RMB 1,394.5 million, a 2.3% decrease from the previous year, primarily due to a decrease in on-demand food delivery and mobility service solutions. However, revenues from housekeeping and accommodation solutions increased by 99.8%. The company reported a net loss of RMB 97.5 million, compared to a net income of RMB 48.1 million in the second half of 2024. For the full year 2025, total revenues decreased by 17.1% to RMB 2,525.9 million. The net loss for the full year was RMB 150.5 million, compared to a net income of RMB 1.6 million in 2024. The company experienced significant revenue growth in housekeeping and accommodation solutions, while on-demand food delivery and mobility services saw decreases. The company is implementing business reorganization and management restructuring to improve efficiency and profitability in its on-demand delivery business. Quhuo is also focusing on technological integration, particularly AI agents, to enhance operations in its various service sectors. As of December 31, 2025, the company had cash, cash equivalents, and restricted cash of RMB 40.0 million and short-term debt of RMB 113.4 million.