Core Viewpoint - The financial performance of Huya Inc. for Q3 2025 shows a decline in overall revenue, particularly in live streaming, while advertising revenue has seen significant growth [1] Revenue Summary - Total revenue for Huya in Q3 2025 was $540 million, representing a year-over-year decrease of 3.3% [1] - Live streaming revenue amounted to $389 million, down 11.6% year-over-year, with $368 million coming from the core product BIGO Live [1] - Advertising revenue increased by 29.2% to $113 million, with BIGO's advertising revenue at $104 million, reflecting a growth of 33.1% [1] - Other revenue sources grew by 22.3% to $39.2 million [1] Profitability Summary - Under non-GAAP measures, Huya reported an operating profit of $41 million, which is a year-over-year increase of 16.6% [1] User Metrics Summary - The global monthly active users (MAU) for Huya's social products reached 266 million in Q3 [1] - BIGO's total paying users increased by 0.8% quarter-over-quarter [1] - Average revenue per paying user (ARPPU) grew by 3.4% quarter-over-quarter [1]