Hello Group Inc. Announces Unaudited Financial Results for the Fourth Quarter and Fiscal Year 2025

Core Viewpoint - Hello Group Inc. reported its unaudited financial results for the fourth quarter and full year of 2025, highlighting a decrease in overall revenues but significant growth in overseas markets, indicating a shift in revenue sources and operational focus [1][3]. Financial Highlights for Q4 2025 - Total net revenues were RMB2,575.8 million (US$368.3 million), a decrease of 2.3% from RMB2,636.5 million in Q4 2024 [4]. - Net revenues from overseas increased by 70.3% year over year to RMB608.2 million (US$87.0 million) [7]. - Non-GAAP diluted net income per ADS was RMB1.70 (US$0.24), up from RMB1.30 in Q4 2024 [14]. - Net income attributable to Hello Group Inc. was RMB237.3 million (US$33.9 million), compared to RMB187.2 million in the same period of 2024 [12][13]. Financial Highlights for Full Year 2025 - Total net revenues for the full year were RMB10,367.1 million (US$1,482.5 million), a decrease of 1.9% from RMB10,563.0 million in 2024 [16]. - Non-GAAP net income attributable to Hello Group Inc. was RMB993.5 million (US$142.1 million), down from RMB1,232.9 million in 2024 [17]. - Diluted net income per ADS was RMB4.75 (US$0.68), compared to RMB5.57 in 2024 [17]. Revenue Breakdown - Value-added service revenues were RMB2,533.1 million (US$362.2 million) in Q4 2025, a decrease of 2.3% from RMB2,591.6 million in Q4 2024 [5]. - Net revenues from the Chinese mainland decreased from RMB2,279.4 million in Q4 2024 to RMB1,967.6 million (US$281.4 million) in Q4 2025 [7]. Cost and Expenses - Total costs and expenses were RMB2,278.4 million (US$325.8 million) in Q4 2025, a decrease of 5.4% from RMB2,407.8 million in Q4 2024 [8]. - Non-GAAP cost and expenses were RMB2,231.4 million (US$319.1 million) in Q4 2025, compared to RMB2,364.6 million in the same period of 2024 [9]. Cash Flow and Financial Position - As of December 31, 2025, the company's cash and cash equivalents totaled RMB8,677.6 million (US$1,240.9 million), down from RMB14,728.5 million as of December 31, 2024 [15]. - Net cash provided by operating activities in Q4 2025 was RMB549.7 million (US$78.6 million), compared to RMB423.6 million in Q4 2024 [16]. Recent Developments - The board of directors declared a special cash dividend of US$0.28 per ADS, to be paid on April 30, 2026 [18]. - The company has repurchased 60.3 million ADSs for US$378.9 million under its Share Repurchase Program [19]. Business Outlook - For Q1 2026, the company expects total net revenues to be between RMB2.3 billion to RMB2.4 billion, representing a year-over-year decrease of 8.8% to 4.8% [20].