Core Insights - Douyu's Q2 2025 unaudited financial report shows total revenue of 1.054 billion yuan, a steady increase compared to the same period last year [1] - Gross profit reached 142 million yuan, representing a year-on-year growth of 68.5%, with gross margin rising to 13.5% [1] - The company achieved a net profit of 37.83 million yuan, with an adjusted net profit of 25.28 million yuan, marking a significant improvement in operational efficiency [1] Revenue Breakdown - The innovative business, advertising, and other revenues amounted to 476 million yuan, reflecting a year-on-year increase of 96.8% [1] - This segment has shown continuous growth for ten consecutive quarters [1] Business Strategy - Douyu is steadily advancing its live streaming operations while enhancing the commercialization capabilities of its innovative business [1] - The company is focusing on strengthening industry partnerships and optimizing event strategies [1]