Scienjoy Holding Corp (SJ) Form 6-K — Oct 26, 2026
Scienjoy (NASDAQ: SJ) reported Q2 2026 revenue of RMB305.4 million (US$45.0 million), down from RMB349.0 million a year earlier, with Q2 net income falling to RMB11.2 million from RMB22.7 million. The decline reflects a 23% drop in paying users amid China's competitive live streaming market, though higher ARPPU (RMB2,908 vs RMB2,518) and cost discipline helped H1 net income attributable to shareholders rise 48% to RMB20.0 million. Cash grew to RMB329.9 million (US$48.6 million).
Key figures
- Eps
- RMB0.26 (US$0.04) Q2 2026 basic and diluted; RMB0.48 H1 2026
- Revenue
- RMB305.4 million (US$45.0 million) Q2 2026
- Net Income
- RMB11.2 million Q2 2026 (down from RMB22.7 million); RMB18.8 million H1 2026 (+92.7%)
- Revenue Yoy
- -12.5% Q2; -10.4% H1
- Cash Position
- RMB329.9 million (US$48.6 million)
- Shares Outstanding
- 43397887
- Arppu h1
- RMB2,908
- Gross margin h1
- 17.9%
- Gross margin q2
- 18.1%
- Paying users h1
- 196374
- Puhong investment
- RMB70.0 million for 23.3%
- Ventus investment
- HK$45.0 million
- Leader education price
- HK$102.69 million
- Leader education stake
- 29.9%
- Paying users yoy change
- -23%
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