Financials · LZMH

LZ Technology Holdings Limited (LZMH) financials

For fiscal 2025 (ended Dec 31, 2025), LZ Technology Holdings Limited reported CN¥1.13B of revenue and -CN¥173.47M of net income. Figures are in CNY, the currency of its SEC filings.

Revenue, FY2025
CN¥1.13B
Revenue growth, YoY
+37.2%
Net income, FY2025
-CN¥173.47M
Net margin
-15.4%
Free cash flow, FY2025
-CN¥41.78M
EPS, diluted, FY2025
-CN¥1.13
Cash
CN¥23.47M
Annual revenueCN¥1.13B
FY2022FY2025
Annual net income-CN¥173.47M
FY2022FY2025
Annual free cash flow-CN¥41.78M
FY2022FY2025

LZMH revenue and earnings growth

LZMH revenueFY2025CN¥1.13B

FY YoY
+37.2%

LZMH revenue was CN¥1.13B for fiscal 2025 (ended Dec 31, 2025), up 37.2% from fiscal 2024. It rose in each of the last 3 fiscal years.

LZMH net incomeFY2025-CN¥173.47M

LZMH net income was -CN¥173.47M for fiscal 2025 (ended Dec 31, 2025), compared with CN¥5.54M in fiscal 2024.

LZMH EPSFY2025-CN¥1.13

LZMH diluted EPS was -CN¥1.13 for fiscal 2025 (ended Dec 31, 2025), compared with CN¥0.04 in fiscal 2024.

LZMH free cash flowFY2025-CN¥41.78M

LZMH free cash flow was -CN¥41.78M for fiscal 2025 (ended Dec 31, 2025), compared with CN¥4.32M in fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
RevenueCN¥1.13BCN¥822.83MCN¥568.87MCN¥162.95M
Cost of revenueCN¥1.09BCN¥788.39MCN¥537.61MCN¥143.10M
Gross profitCN¥37.25MCN¥34.44MCN¥31.26MCN¥19.85M
Research and developmentCN¥56.29MCN¥4.46MCN¥5.48MCN¥6.93M
Selling, general and adminCN¥73.51MCN¥12.28MCN¥15.43MCN¥12.86M
Operating income-CN¥176.01MCN¥3.63M-CN¥6.44M-CN¥21.98M
Pre-tax income-CN¥172.76MCN¥4.80M-CN¥4.00M-CN¥14.80M
Income taxCN¥510.0K-CN¥972.0KCN¥2.37M-
Net income-CN¥173.47MCN¥5.54M-CN¥6.21M-CN¥13.64M
EPS, basic-CN¥1.13CN¥0.04-CN¥0.04-CN¥0.10
EPS, diluted-CN¥1.13CN¥0.04-CN¥0.04-CN¥0.10
Diluted shares154.1M148.1M143.6M132.7M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Cash and equivalentsCN¥23.47MCN¥4.15MCN¥10.78MCN¥6.98M
ReceivablesCN¥248.05MCN¥223.36MCN¥191.10M-
InventoryCN¥3.20M---
Current assetsCN¥370.06MCN¥278.16MCN¥254.51M-
GoodwillCN¥1.66M---
Total assetsCN¥390.09MCN¥305.61MCN¥286.14M-
Current liabilitiesCN¥330.24MCN¥234.65MCN¥222.17M-
Short-term debtCN¥57.04MCN¥31.70MCN¥30.03M-
Long-term debt-CN¥667.0K--
Total debt-CN¥32.37M--
Total liabilitiesCN¥332.66MCN¥238.17MCN¥224.47M-
Shareholders' equityCN¥48.65MCN¥65.10MCN¥61.67MCN¥14.88M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Operating cash flow-CN¥41.20MCN¥4.67M-CN¥16.84MCN¥2.49M
Capital expendituresCN¥580.0KCN¥347.0KCN¥111.0KCN¥1.47M
Free cash flow-CN¥41.78MCN¥4.32M-CN¥16.95MCN¥1.02M
Investing cash flow-CN¥25.55M-CN¥1.42M-CN¥23.25MCN¥13.59M
Financing cash flowCN¥86.47M-CN¥9.87MCN¥43.88M-CN¥14.22M
Stock-based compensationCN¥111.11M---
Depreciation and amortizationCN¥8.82MCN¥8.71MCN¥10.13MCN¥9.74M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Revenue growth, YoY37.2%44.6%249.1%-
Gross margin3.3%4.2%5.5%12.2%
Operating margin-15.6%0.4%-1.1%-13.5%
Net margin-15.4%0.7%-1.1%-8.4%
Free cash flow margin-3.7%0.5%-3.0%0.6%
Return on equity-356.5%8.5%-10.1%-91.7%
Return on assets-44.5%1.8%-2.2%-
Current ratio1.121.191.15-
Debt to equity-0.50--

Source: XBRL data LZ Technology Holdings Limited files with the SEC, latest filing dated Apr 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

LZMH peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
LZMHCN¥1.13B+37.2%-CN¥173.47M-15.4%$7.7M
ADP$22.26B+6.5%$4.53B20.3%$119.24B
INFY$20.16B+4.6%$3.31B16.4%$50.24B
WDAY$10.15B+13.3%$1.25B12.3%$45.84B
ZS$3.35B+25.4%-$63.18M-1.9%$32.45B
CTSH$21.89B+5.0%$2.57B11.8%$28.43B
VRSN$1.73B+6.5%$849.80M49.1%$27.43B
VRSK$3.18B+4.9%$879.20M27.7%$25.73B
IOT$1.85B+29.5%$90.55M4.9%$24.73B

LZMH FAQ

9 questions
  • What is LZMH revenue?
    LZ Technology Holdings Limited (LZMH) reported CN¥1.13B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 37.2% from the year before.
  • Is LZMH profitable?
    No. LZ Technology Holdings Limited reported a net loss of CN¥173.47M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does LZMH have?
    LZ Technology Holdings Limited reported CN¥23.47M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is LZMH revenue growing?
    LZ Technology Holdings Limited's revenue changed +37.2% in fiscal 2025, to CN¥1.13B.
  • What is LZMH gross margin?
    LZ Technology Holdings Limited's gross profit was CN¥37.25M on CN¥1.13B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 3.3%.
  • What is LZMH free cash flow?
    LZ Technology Holdings Limited generated -CN¥41.78M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -CN¥41.20M less capital expenditures.
  • What is LZMH earnings per share?
    Diluted earnings per share were -CN¥1.13 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did LZMH last report financial results?
    The latest statements here come from LZ Technology Holdings Limited's 20-F filed on Apr 28, 2026, covering the period ended Dec 31, 2025.
  • Where does this LZMH financial data come from?
    Quantisnow builds these statements from the structured XBRL data LZ Technology Holdings Limited files with the SEC. It is provided for information only and is not investment advice.