NASDAQ$SJ

Scienjoy Holding Corp-A · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Scienjoy returns to profitability in Q1 2026 as live-streaming cost discipline offsets softer paying-user base

Scienjoy Holding reported Q1 2026 revenue of RMB282.6 million ($41.0 million), down from RMB307.3 million a year ago as paying users fell to 123,266 from 151,971 amid a competitive China mobile live-streaming market. Despite the top-line decline, the company swung to net income of RMB7.6 million from a RMB13.0 million loss, with gross margin at 17.7% and income from operations of RMB11.3 million. Adjusted net income attributable to shareholders was RMB9.4 million, and cash rose to RMB326.3 million. Management highlighted a return to profitability driven by cost controls and continued investment in AI initiatives including AI Vista Live.

  • Revenue fell 8.0% YoY to RMB282.6M as paying users declined to 123,266 from 151,971
  • Net income was RMB7.6M versus a RMB13.0M loss in Q1 2025; adjusted net income attributable to shareholders was RMB9.4M
  • Gross profit was RMB50.2M with a 17.7% margin; income from operations was RMB11.3M
  • Cash and cash equivalents increased to RMB326.3M from RMB307.7M at year-end 2025
  • Management is accelerating AI strategy across consumer and enterprise while optimizing the core live-streaming cash engine

Headline financials

Total Revenue

¥283M

No prior period
EPS (adj)

¥0.22

No prior period
Gross margin

17.7%

No prior period
Total paying users

123.3K

No prior period
Net Income

¥7.6M

No prior period
Operating Income

¥11.3M

No prior period
Gross Profit

¥50.2M

No prior period
Cash & Equivalents

¥326M

No prior period

Revenue & EPS history

Scienjoy · Revenue · Quarterly

¥283M

Q1 2026

Revenue by segment

Scienjoy · ¥48.7M total across 3 segments · Q2 2025

  • Livestreaming - consumable virtual items
    ¥46.8M
  • Technical services and others
    ¥1.3M
  • Livestreaming - time based virtual items
    ¥600K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-1.6%

Avg return

Earnings day

-1.9%

Avg return

5 days after

-0.8%

Avg return

30 days after

33%

9 / 27 earnings

Positive

+10.5%

Q4 2021

Best reaction

-34.4%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.9%+12.7%-31.7%
Q2 2025-3.7%-15.5%-23.8%
Q4 2024-1.5%+6.7%+16.7%
Q3 2024+0.0%+0.8%+23.8%
Q2 2024-1.6%-3.5%-7.6%
Q1 2024+2.8%-5.6%-8.3%
Q4 2023+3.9%+16.9%+35.1%
Q3 2023+6.7%+12.2%+12.6%
Q2 2023-7.3%-10.6%-0.5%
Q1 2023-3.2%-15.2%-6.6%
Q4 2022-1.8%+1.8%+23.0%
Q3 2022-1.5%-4.5%+7.9%
Q2 2022-34.4%-37.0%-65.6%
Q1 2022+0.0%+1.5%+58.5%
Q4 2021+10.5%-0.8%+19.2%
Q3 2021+0.3%-2.3%-16.9%
Q2 2021+8.6%+3.2%-5.8%
Q1 2021+8.4%+7.1%-11.5%
Q4 2019-1.9%+3.3%-2.2%
Q4 2018-1.9%+3.3%-2.2%
Q4 2020-13.5%-10.7%+11.9%
Q3 2020-13.0%-6.8%-1.7%
Q2 2020-0.6%-2.2%-22.5%
Q1 2020+0.2%-5.1%-26.4%
Q3 2019+0.0%-0.3%-0.2%
Q2 2019-0.3%-0.1%+0.6%
Q1 2019+0.0%-0.3%+2.4%
Q3 2018
Q2 2018
Q1 2018

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