Workflow
虎牙:战略转型两周年成果显著,收入和利润超过市场预期
HUYAHUYA(US:HUYA) Jin Rong Jie·2025-08-12 09:19

Core Viewpoint - Huya Inc. reported better-than-expected revenue and profit levels for Q2 2025, with total revenue reaching 1.57 billion yuan, showing both year-on-year and quarter-on-quarter growth [1][5] Financial Performance - Total revenue for Q2 2025 was 1.57 billion yuan (approximately 219 million USD), with live streaming revenue stabilizing at 1.15 billion yuan (approximately 161 million USD) [5] - Revenue from game-related services, advertising, and other businesses increased by 34.1% year-on-year to 414 million yuan (approximately 57.8 million USD) [1][5] - The company achieved a Non-GAAP operating profit breakeven, with a net profit attributable to Huya of 47.5 million yuan (approximately 6.6 million USD) [1][4][5] - Gross profit for Q2 2025 was 212 million yuan (approximately 29.6 million USD), with a gross margin of 13.5% [5] User Metrics - Huya's total Monthly Active Users (MAU) reached approximately 160 million in Q2 2025 [3][4] Strategic Developments - The company has made significant progress in its strategic transformation, focusing on business diversification and strengthening collaboration with the gaming industry [3] - Huya's overseas expansion has shown notable progress, particularly in user growth, positioning it as a potential future growth engine [4] - The company is actively pursuing an "AI+" strategy across various applications, including "AI+Live Streaming," "AI+IP," and "AI+Services" [4] Shareholder Returns - As of June 30, 2025, Huya repurchased shares worth 75.4 million USD and distributed approximately 340 million USD in special cash dividends during Q2 [5]