NASDAQ$SJ

Scienjoy Holding Corp-A · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Scienjoy Q2 2025: revenue $48.7M as gross margin expands to 18.2% despite lower paying users

Scienjoy Holding Corporation reported Q2 2025 revenue of RMB349.0 million ($48.7 million), down from RMB374.8 million a year ago as paying users fell to 165,239 from 189,860 amid competitive pressure in China's live streaming market. Gross profit was RMB63.7 million ($8.9 million) with gross margin improving to 18.2% from 17.3% on higher ARPPU and lower revenue-sharing fees. Income from operations declined to RMB23.3 million ($3.2 million) from RMB28.6 million. Net income was RMB22.7 million ($3.2 million) versus RMB33.4 million, weighed down by a RMB6.8 million fair-value loss on a marketable security investment. Cash and equivalents rose to RMB298.5 million ($41.7 million) from RMB252.5 million at year-end 2024.

  • Q2 revenue fell to $48.7M from $51.8M YoY; paying users declined to 165,239 from 189,860
  • Gross margin improved to 18.2% from 17.3% on higher ARPPU and lower revenue-sharing fees
  • Q2 net income was $3.2M vs $4.7M prior year; fair-value investment loss of $0.9M hurt results
  • Operating income decreased to $3.2M from $3.9M; adjusted net income attributable to shareholders $3.5M
  • Cash rose to $41.7M at June 30, 2025; AI Vista AIGC community and global expansion remain strategic priorities

Headline financials

Total Revenue

$48.7M

Previous: $51.6M-5.6%
EPS (adj)

$0.08

Previous: $0.13-38.5%
Gross margin

18.2%

No prior period
Total paying users

165.2K

No prior period
Net Income

$3.2M

Previous: $4.86M-34.2%
Operating Income

$3.2M

Previous: $3.93M-18.6%
Gross Profit

$8.9M

Previous: $8.91M-0.1%
Cash & Equivalents

$41.7M

No prior period

Revenue & EPS history

Scienjoy · Revenue · Quarterly

$48.7M

Q2 2025-5.6%vs Q2 2024

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 Q2 2025

Historical avgQ2 2025

-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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