Huya releases Q4 and full year financial report for 2025: Total revenue for the year increased by 7% to 6.5 billion yuan, with fourth-quarter revenue reaching a new high.
On the afternoon of March 17, 2026, Beijing time, Huya Inc. announced its fourth-quarter and full-year financial report for 2025. The report shows that in the fourth quarter of 2025, Huya's total revenue reached 1.74 billion yuan, hitting a new high in nearly 10 quarters, with a year-on-year growth rate of 16.2%. Among them, revenue from gaming-related services, advertising, and other sources increased by 59.4% to 590 million yuan; live streaming revenue reached 1.15 billion yuan, maintaining stability. In terms of user data, in this quarter, Huya's total monthly active users remained stable at 160 million. Looking at the entire year, Huya's total revenue increased year-on-year to 6.5 billion yuan; under non-GAAP, the net profit attributable to Huya Inc. was 99.5 million yuan.
On the operational front, after excluding one-time provisions, equity incentives, and amortization from acquisitions, the adjusted operating profit for the fourth quarter of 2025 has been positive for three consecutive quarters and continues to improve. At the same time, the company achieved a positive adjusted operating profit for the full year, showing a continuous improvement in core operational performance.
In addition, Huya announced the distribution of cash dividends and disclosed progress in stock repurchases. Based on Huya's "2025-2027 Dividend Plan," the company will distribute approximately $31 million in "2026 cash dividends," with a dividend of $0.135 per ordinary share or per ADS share. In terms of stock repurchases, as part of the up to $100 million buyback plan initiated by Huya in August 2023, as of the end of December 2025, the company has repurchased $75.5 million worth of Huya shares.
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