QTT on NASDAQ

Qutoutiao

Chinese mobile content aggregator

Qutoutiao (Chinese: 趣头条) is a Chinese mobile content aggregator.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 18, 2026.

Overview

$140.0MRevenue, fiscal 20244
-$23.0MNet income, fiscal 20244

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  • TickerQTT on NASDAQ1
  • IndustryServices-Computer Programming, Data Processing, Etc.1
  • HeadquartersE91
  • Websitequtoutiao.net
  • Incorporated inCayman Islands5
  • Business addressBuilding No. 8, Pudong Software Park, 519 Yi De Road, Pudong New Area, Shanghai, F4 2001245
  • Filer categoryNon-accelerated filer5

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Qutoutiao (Chinese: 趣头条) is a Chinese mobile content aggregator.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

45.2%Gross margin4
3.3%Operating margin4
-16.4%Net margin4
33.3%Revenue growth, 20244
$505.0KFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue55¢$76.6M
  • Research and development7¢$9.7M
  • Other costs19¢$27.1M
  • Interest19¢$26.4M
  • Income tax0¢$122.0K

Out of $140.0M in revenue.4 The company lost money this year.

Where each dollar of operating cash went, fiscal 2024

  • Capital spending4¢$20.0K
  • Kept or used elsewhere96¢$505.0K

Out of $525.0K of cash from operations.4

Financial statements

Revenue7891011124$140.0M in 2024−68% since 2018
0$250.0M$500.0M$750.0M$1.0B2018: $439.6M$439.6M20182019: $800.1M$800.1M2019+82%2020: $810.0M$810.0M2020+1%2021: $681.0M$681.0M2021−16%2022: $157.0M$157.0M2022−77%2023: $105.0M$105.0M2023−33%2024: $140.0M$140.0M2024+33%
Gross profit7891011124$63.2M in 2024−83% since 2018
0$200.0M$400.0M$600.0M2018: $366.3M$366.3M20182019: $564.4M$564.4M2019+54%2020: $553.4M$553.4M2020−2%2021: $497.1M$497.1M2021−10%2022: $75.5M$75.5M2022−85%2023: $46.4M$46.4M2023−38%2024: $63.2M$63.2M2024+36%
Operating income7891011124$4.6M in 2024
-$400.0M-$300.0M-$200.0M-$100.0M0$100.0M2018: -$288.2M-$288.2M20182019: -$391.2M-$391.2M2019+36%2020: -$158.2M-$158.2M2020−60%2021: -$187.2M-$187.2M2021+18%2022: -$46.2M-$46.2M2022−75%2023: -$267.0K-$267.0K2023−99%2024: $4.6M$4.6M2024
Net income7891011124-$23.0M in 2024−92% since 2018
-$400.0M-$300.0M-$200.0M-$100.0M02018: -$282.5M-$282.5M20182019: -$386.2M-$386.2M2019+37%2020: -$169.3M-$169.3M2020−56%2021: -$194.5M-$194.5M2021+15%2022: -$132.6M-$132.6M2022−32%2023: -$26.1M-$26.1M2023−80%2024: -$23.0M-$23.0M2024−12%
Fiscal year20172018201920202021202220232024
Revenue$439.6M7$800.1M8$810.0M9$681.0M10$157.0M11$105.0M12$140.0M4
Cost of revenue$72.4M7$229.6M8$251.9M9$167.6M10$79.5M11$58.5M12$76.6M4
Gross profit$366.3M7$564.4M8$553.4M9$497.1M10$75.5M11$46.4M12$63.2M4
Research and development$39.3M7$133.0M8$145.3M9$86.6M10$26.8M11$15.0M12$9.7M4
Operating income-$288.2M7-$391.2M8-$158.2M9-$187.2M10-$46.2M11-$267.0K12$4.6M4
Interest$3.9M8$5.6M9$5.5M10$63.5M11$23.7M12$26.4M4
Income tax-$58.3K7$695.6K8-$154.4K9$479.0K10-$152.0K11-$285.0K12-$122.0K4
Net income-$282.5M7-$386.2M8-$169.3M9-$194.5M10-$132.6M11-$26.1M12-$23.0M4
Earnings per share-$1.9711-$0.6112-$0.594
Earnings per share (diluted)-$1.9711-$0.6112-$0.594

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The story

Founded by Eric Tan.1

The company was founded in 2016, and is based in Shanghai. In English, the name translates to "fun headlines."

Chinese billionaire Eric Tan is the chairman and co-founder.

The company is backed by Tencent Holdings.

By September 2018, it had around 17.1 million daily active users on its app, with monthly active users totaling 48.8 million.

Following an IPO and Nasdaq listing in September 2018, the company's stock price rose 128%, and with a valuation of over US$1 billion, it became a so-called unicorn company. The company left Nasdaq in 2023.

From Wikipedia’s article on Qutoutiao, shared under CC BY-SA 4.0.6

Leadership

Who has led Qutoutiao, and when. Pick a name to see everywhere that person has worked.

Products and brands

According to TechCrunch, the app "uses an AI-based content recommendation engine to display articles and videos based on user profiles."

From Wikipedia’s article on Qutoutiao, shared under CC BY-SA 4.0.6

Former names

  • Qtech Ltd.Mar 9, 2018 to May 23, 20185

Recent filings

  1. Apr 7, 20263
  2. Apr 7, 20263
  3. Apr 7, 20263
  4. Apr 2, 20263
  5. Mar 31, 20263
  6. Apr 30, 202520-F
  7. May 15, 202420-F
  8. May 12, 202320-F
  9. Mar 20, 20236-K
  10. Jan 19, 20236-K CHANGE OF AUDITOR RECEIPT OF NASDAQ NOTICE
  11. Nov 1, 20226-K QUTOUTIAO ANNOUNCES MANAGEMENT CHANGE
  12. Sep 28, 20226-K QUTOUTIAO ANNOUNCES RECEIPT OF NASDAQ NOTICE
  13. Sep 15, 20226-K QUTOUTIAO ANNOUNCES RECEIPT OF NASDAQ NOTICE
  14. May 2, 20226-K 6-K 2021Q4 ER
  15. May 2, 202220-F

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

The numbers on this page point here. Each one links to the record it came from.

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