QuantaSing Group Ltd(QSG)Earnings, Financials & Key Ratios
QSG•NASDAQ
$5.12
0.8× P/E·Price updated Jun 20, 2026
SectorConsumer DefensiveIndustryEducation & TrainingSub-IndustryConsumer Learning Platforms and Apps
AboutQuantaSing Group Limited provides online learning services in the People's Republic of China. The company offers online courses, including financial literacy, short-video production, personal well-being, electronic keyboard, Chinese painting, Erhu, and data analytics courses to adult learners under various brands, including QiNiu, JiangZhen, and QianChi. It also provides marketing and enterprise talent management services to enterprise customers. QuantaSing Group Limited was founded in 2019 and is based in Beijing, the People's Republic of China.Show more
- Revenue$3.8B+23.2%
- EBITDA$382M+448.0%
- Net Income$386M+455.2%
- EPS (Diluted)6.81+280.2%
- Gross Margin85.5%-2.1%
- EBITDA Margin10.08%+382.5%
- Operating Margin9.94%+369.7%
- Net Margin10.16%+388.4%
- ROE103.87%+316.1%
QSG Price & Volume
QuantaSing Group Ltd (QSG) stock price & volume — 10-year historical chart
Loading chart...
Marketing Treadmill Risks Obscure Operational Profitability
Investment Thesis • Updated 2023Q2
VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial Position:Healthy
Cash Flow:Mixed
Primary Risk:High customer acquisition costs
"QuantaSing exhibits a precarious reliance on aggressive marketing spend to sustain revenue, which has decelerated to 3.0% growth as of 2023Q2. While the company maintains high gross margins exceeding 86%, the structural inability to convert this into consistent operating income suggests a persistent vulnerability to customer acquisition costs. Investors should monitor the sustainability of the $661.6 million in deferred revenue, which currently serves as a critical liquidity bridge for ongoing operations."
Verdict Logic
while the company holds a robust cash balance of $764.3 million, the persistent $969.7 million accumulated deficit and reliance on high-cost marketing suggest significant long-term execution risks.
QSG Growth Metrics
QuantaSing Group Ltd (QSG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years29.2%
TTM21.73%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM9.71%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM5.28%
Return on Capital
10 Years-22.07%
5 Years-22.07%
3 Years-22.07%
Last Year90.37%
QSG Recent Earnings
QuantaSing Group Ltd (QSG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (43%)●Beat Revenue 3/12 qtrs (50%)
Q4 2025Latest
Nov 26, 2025Metric
Actual
Est
EPS
$0.21
—
Rev
—
—
Q3 2025
Jun 6, 2025Metric
Actual
Est
EPS
$0.09-50.0%
$0.18
Rev
$79M-83.9%
$489M
Q2 2025
Mar 11, 2025Metric
Actual
Est
EPS
$0.33+65.0%
$0.20
Rev
$78M-19.9%
$98M
Q4 2024
Dec 11, 2024Metric
Actual
Est
EPS
$0.15-44.4%
$0.27
Rev
$100M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q4 2025Latest | Nov 26, 2025 | $0.21 | — |
| Q3 2025 | Jun 6, 2025 | $0.09vs $0.18-50.0% | $79Mvs $489M-83.9% |
| Q2 2025 | Mar 11, 2025 | $0.33vs $0.20+65.0% | $78Mvs $98M-19.9% |
| Q4 2024 | Dec 11, 2024 | $0.15vs $0.27-44.4% | $100M |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for QuantaSing Group Ltd (QSG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $5.12 | $193.36M | 0.75 | 23.17% | 10.16% | 103.87% | — | |
| $9.86 | $2.23M | 0.49 | 1.34% | 0.32% | 0.16% | — | |
| $9.48 | $1.77B | 3.43 | 34.21% | 13.82% | 10.85% | — | |
| $46.34 | $7.41B | 20.15 | 13.6% | 7.37% | 9.09% | — | |
| $1.74 | $631.18M | -14.06 | 34.99% | -5.26% | -20.84% | — | |
| $104.22 | $35.45B | 60.17 | -3.04% | 3.48% | 0.21% | — |
Compare QSG vs Peers
QuantaSing Group Ltd (QSG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Get notified when QSG posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
QSG Frequently Asked Questions
QuantaSing Group Ltd (QSG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is QuantaSing Group Ltd's revenue?
QuantaSing Group Ltd (QSG) reported $2.96B in revenue for fiscal year 2024. This represents a 68% increase from $1.76B in 2021.
How fast is QuantaSing Group Ltd growing?
QuantaSing Group Ltd (QSG) grew revenue by 23.2% over the past year. This is strong growth.
Is QSG profitable?
QuantaSing Group Ltd (QSG) reported a net loss of $171.4M for fiscal year 2024.
Dividend & Returns
What is QSG's return on equity?
QuantaSing Group Ltd (QSG) has a return on equity (ROE) of 103.9%. This is excellent, indicating efficient use of shareholder capital.
What is QuantaSing Group Ltd's free cash flow?
QuantaSing Group Ltd (QSG) generated $229.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.