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iHuman Inc.

IHuman Inc. is an educational services company in the Cayman Islands, listed on NYSE (IH).1

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Last updated Oct 21, 2026.

Overview

$115.4MRevenue, fiscal 20252
$13.6MNet income, fiscal 20252

Compare with Boxlight Corp, 51Talk Online Education Group or Legacy Education Inc., or pick any stock.

  • TickerIH on NYSE1
  • IndustryServices-Educational Services1
  • HeadquartersE91
  • Incorporated inCayman Islands3
  • Business addressTower 306, No. 86 Beiyuan Road, Chaoyang District, Beijing, 1001013
  • Filer categoryNon-accelerated filer3

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We commenced operations through Tianjin Hongen Perfect Future Education Technology Co., Ltd., or Tianjin Hongen, in March 2016.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

67.9%Gross margin2
8.3%Operating margin2
11.8%Net margin2
-8.7%Revenue growth, 20252
9.6%Return on equity2

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue32¢$37.1M
  • Research and development26¢$29.8M
  • Other costs29¢$33.9M
  • Income tax1¢$913.0K
  • Profit12¢$13.6M

Out of $115.4M in revenue.2

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid69¢$5.6M
  • Share buybacks31¢$2.5M

Out of $7.3M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.2

Financial statements

Revenue567892$115.4M in 2025+42% since 2020
0$50.0M$100.0M$150.0M2020: $81.5M$81.5M20202021: $148.2M$148.2M2021+82%2022: $142.9M$142.9M2022−4%2023: $143.4M$143.4M2023+0%2024: $126.3M$126.3M2024−12%2025: $115.4M$115.4M2025−9%
Gross profit567892$78.3M in 2025+40% since 2020
0$50.0M$100.0M$150.0M2020: $56.0M$56.0M20202021: $103.7M$103.7M2021+85%2022: $100.2M$100.2M2022−3%2023: $101.6M$101.6M2023+1%2024: $87.7M$87.7M2024−14%2025: $78.3M$78.3M2025−11%
Operating income567892$9.5M in 2025
-$10.0M0$10.0M$20.0M$30.0M2020: -$6.8M-$6.8M20202021: -$8.5M-$8.5M2021+25%2022: $16.2M$16.2M20222023: $22.5M$22.5M2023+39%2024: $9.9M$9.9M2024−56%2025: $9.5M$9.5M2025−3%
Net income567892$13.6M in 2025
-$10.0M0$10.0M$20.0M$30.0M2020: -$5.7M-$5.7M20202021: -$5.8M-$5.8M2021+1%2022: $15.9M$15.9M20222023: $25.5M$25.5M2023+60%2024: $13.5M$13.5M2024−47%2025: $13.6M$13.6M2025+1%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
Revenues (including transactions with related parties of RMB 1,388, RMB 996 and RMB 932 (US$133) for the years ended December 31, 2023, 2024 and 2025, respectively)807.0M CNY922.2M CNY1.0B CNY
Cost of revenues (including transactions with related parties of RMB 5,277, RMB 2,735 and RMB 937 (US$134) for the years ended December 31, 2023, 2024 and 2025, respectively)-259.4M CNY-282.0M CNY-296.9M CNY
Gross profit547.6M CNY640.2M CNY721.3M CNY
General and administrative expenses (including transactions with a related party of RMB 3,534, RMB 2,833 and RMB 1,905 (US$272) for the years ended December 31, 2023, 2024 and 2025, respectively)-91.4M CNY-99.3M CNY-104.3M CNY
Total operating expenses-480.9M CNY-568.2M CNY-561.4M CNY
Operating income66.8M CNY71.9M CNY159.9M CNY
Other income, net35.0M CNY38.7M CNY42.7M CNY
Income before income taxes101.8M CNY110.6M CNY202.6M CNY
Income tax expenses-6.4M CNY-12.0M CNY-21.7M CNY
Net income95.4M CNY98.6M CNY180.9M CNY
Foreign currency translation adjustment-7.9M CNY6.1M CNY7.5M CNY
Total other comprehensive income-7.9M CNY6.1M CNY7.5M CNY
Total comprehensive income87.5M CNY104.6M CNY188.4M CNY
Basic0.37 CNY0.38 CNY0.69 CNY
Diluted0.36 CNY0.36 CNY0.66 CNY
Basic257.0M shares262.0M shares264.1M shares
Diluted267.6M shares271.2M shares273.8M shares
Research and development expenses208.4M CNY247.8M CNY257.5M CNY
Sales and marketing expenses181.0M CNY221.2M CNY199.5M CNY

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Corporate structure

iHuman Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of iHuman Inc.

  • iHuman Inc. E9

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What iHuman Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$2.5M2 Dec 31, 2025$2.7M9 Dec 31, 2024−6.1%
Accumulated depreciation$2.1M2 Dec 31, 2025$2.2M9 Dec 31, 2024−2.5%
Property and equipment, net$367.0K2 Dec 31, 2025$476.0K9 Dec 31, 2024−22.9%
Operating-lease assets (leased space)$1.7M2 Dec 31, 2025$2.0M9 Dec 31, 2024−18.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$164.6M2 Dec 31, 2025$153.9M9 Dec 31, 2024+7.0%
Marketable securities, current$6.2M9 Dec 31, 2024
Long-term investments$3.8M2 Dec 31, 2025$3.6M9 Dec 31, 2024+4.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Accumulated amortization$2.9M2 Dec 31, 2025$2.0M9 Dec 31, 2024+44.2%
Finite-lived intangibles, net$2.5M2 Dec 31, 2025$2.3M9 Dec 31, 2024+12.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$3.1M2 Dec 31, 2025$3.2M9 Dec 31, 2024−4.9%

Leadership

Who has led iHuman Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Peng Dai2026
  2. Teng Li2026–now
  • Chief executive officerPeng Dai Mar 18, 2026 to Jul 9, 202610
  • Chief executive officerTeng Li Jul 9, 2026 to now11
Board members and other officers (6)

Timeline

  1. Jul 9, 2026New chief executive Teng Li becomes CEO11
  2. Mar 18, 2026New chief executive Peng Dai becomes CEO10

Filings

52 filings to the SEC since October 2021: 5 annual reports, 9 insider forms, 7 large holders, 31 other. The latest 20:

  1. Sep 29, 20266-K EDGAR
  2. Jul 9, 20263 OWNERSHIP DOCUMENT EDGAR
  3. Jul 9, 20263 OWNERSHIP DOCUMENT EDGAR
  4. Jun 29, 20266-K EDGAR
  5. Jun 1, 20266-K EDGAR
  6. Apr 24, 202620-F EDGAR
  7. Mar 31, 20266-K EDGAR
  8. Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR
  9. Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR
  10. Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR
  11. Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR
  12. Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR
  13. Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR
  14. Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR
  15. Dec 29, 20256-K EDGAR
  16. Sep 18, 20256-K EDGAR
  17. Jun 26, 20256-K EDGAR
  18. Apr 28, 202520-F EDGAR
  19. Mar 25, 20256-K EDGAR
  20. Dec 26, 20246-K EDGAR

The 52 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Morgan Stanley38,000$53.2K0.0%−16,200
Citadel Advisors LLC32,689$45.8K0.0%+7,661
Susquehanna International Group, Llp16,945$23.7K0.0%+6,733
Goldman Sachs Group Inc12,626$17.7K0.0%New
Credit Agricole S A10,000$14.0K0.0%New
Bnp Paribas Financial Markets4,200$5.9K0.0%No change
UBS Group AG129$1810.0%+30
Acadian Asset Management LLC15,067$200.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How iHuman Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARiHuman Inc.1
  • CIK0001814423
  • Filer statusNon-accelerated filer not an emerging growth company; not a shell company4
  • Incorporated inCayman Islands4
  • Fiscal year endsDecember 311
  • Industry code (SIC)8200 Services-Educational Services1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business addressTower 306, No. 86 Beiyuan Road, Chaoyang District, Beijing, 100101, China1
  • Phone86-10-5780-66361
  • Shares outstanding255,541,887 Common Stock shares; 111,541,887 Common Class A shares; 144,000,000 Common Class B shares as of Dec 31, 20254
  • AuditorErnst & Young Hua Ming LLP, Beijing, the People’s Republic of China PCAOB ID 1408; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceJun 26, 20201
  • Filings84 in all: 6-K (27), CORRESP (10), 3 (9), UPLOAD (7), 20-F (6), SC 13G (4), SCHEDULE 13G/A (4), SC 13G/A (3)1
    All 19 form types

    DRSLTR (2), EFFECT (2), F-1/A (2), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), DRS/A (1), F-1 (1), F-6 (1), S-8 (1)

  • Latest filingsAnnual report (20-F) Apr 24, 2026

Securities registered for trading

ClassSymbolExchange
American Depositary Shares, each representing five Class A ordinary shares,par value US$0.0001 per shareIHNew York Stock Exchange
Class A ordinary shares,par value US$0.0001 per shareNew York Stock Exchange

From the cover page of the 20-F filed Apr 24, 2026 (Section 12(b) of the Exchange Act).4

Sources

The numbers on this page point here. Each one links to the record it came from.

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