Core Insights - Douyu reported a total revenue of 899 million yuan for Q3 2025, indicating a strong performance in the gaming and esports live streaming sector [1] - The company's gross profit reached 116 million yuan, a year-on-year increase of 90.9%, with a gross margin of 12.9% [1] - Net profit for the quarter was 11.33 million yuan, up 232.8% year-on-year, while adjusted net profit was 23.14 million yuan, marking a return to profitability [1] Financial Performance - Total revenue for Q3 2025 was 899 million yuan [1] - Gross profit was 116 million yuan, reflecting a 90.9% year-on-year growth [1] - Gross margin stood at 12.9% [1] - Net profit was 11.33 million yuan, a 232.8% increase year-on-year [1] - Adjusted net profit was 23.14 million yuan, indicating a turnaround from previous losses [1] User Engagement - The average monthly active users (MAU) on mobile platforms reached 30.5 million [1] - The number of paying users for the quarter was 2.7 million [1] Strategic Developments - Douyu continued to focus on esports live streaming, broadcasting over 60 official esports events, including major tournaments like EWC and DOTA2 International [1] - The company launched more than 30 self-produced events, enhancing its content offerings [1] - The co-CEO emphasized the importance of upgrading company strategy to improve operational agility and better meet user demands [1]