HUYA (HUYA) Q4 2025 Earnings Call Transcript
HUYA reported RMB 1.74 billion in Q4 2025 total net revenues, up 16% year over year, driven by growth in game-related services and advertising revenues. The company saw a 59% year-over-year increase in game-related services, advertising, and other revenues to RMB 593 million.
HUYA's Q4 2025 total net revenues reached RMB 1.74 billion, a 16% year-over-year increase. Live streaming revenues rose 2% to RMB 1.15 billion, while game-related services, advertising, and other revenues jumped 59% to RMB 593 million. The growth was attributed to deeper cooperation with game companies in China and overseas. In-game item sales revenue grew over 200% year over year, driven by titles like Peacekeeper Elite and Crossfire Mobile. HUYA's AI-powered live streaming channels contributed nearly 10% of total daily active users and outperformed real-life peers by 40% on core engagement metrics. The company declared a 2026 special cash dividend of USD 0.135 per ordinary share/ADS and repurchased 22.9 million shares for USD 75.5 million as of year-end 2025.
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