Hello Group Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	10,428	10,563	12,002	12,704	14,576	15,024
Revenue Growth (YoY)	-4.59%	-11.99%	-5.53%	-12.84%	-2.99%	-11.70%
Cost of Revenue	6,560	6,447	7,025	7,421	8,383	7,977
Gross Profit	3,868	4,116	4,977	5,283	6,192	7,047
Selling, General & Admin	1,834	1,837	1,917	2,670	3,229	3,577
Research & Development	785.58	804.43	884.59	1,006	1,132	1,168
Other Operating Expenses	-35.9	-59	-130.11	-20.63	-175.95	-228.78
Operating Expenses	2,584	2,583	2,672	3,655	4,185	4,516
Operating Income	1,284	1,533	2,305	1,628	2,007	2,531
Interest Expense	-109.26	-127.85	-62.22	-83.53	-73.78	-78.87
Interest & Investment Income	440.21	510.96	436.25	368.88	384.28	444.47
Earnings From Equity Investments	49.07	59.22	-70.64	11.07	-8.08	-42.52
Other Non Operating Income (Expenses)	45.65	-	-	-	2	12
EBT Excluding Unusual Items	1,710	1,975	2,608	1,924	2,312	2,867
Gain (Loss) on Sale of Investments	-90.51	-90.51	-31.25	-11.25	-18	-10.5
Asset Writedown	-	-	-	-	-4,397	-
Other Unusual Items	-	-	4.57	129.58	-	-
Pretax Income	1,619	1,885	2,582	2,042	-2,103	2,856
Income Tax Expense	863.42	845.02	630.02	562.28	822.56	755.62
Earnings From Continuing Operations	755.93	1,040	1,952	1,480	-2,926	2,100
Minority Interest in Earnings	-2.01	-	5.89	4.27	12	3.09
Net Income	753.91	1,040	1,958	1,484	-2,914	2,103
Net Income to Common	753.91	1,040	1,958	1,484	-2,914	2,103
Net Income Growth	-42.22%	-46.89%	31.89%	-	-	-29.20%
Shares Outstanding (Basic)	175	185	189	195	202	208
Shares Outstanding (Diluted)	175	187	201	212	202	226
Shares Change (YoY)	-8.32%	-7.03%	-5.19%	4.72%	-10.48%	0.19%
EPS (Basic)	4.32	5.63	10.37	7.61	-14.40	10.09
EPS (Diluted)	4.30	5.56	9.84	7.30	-14.40	9.66
EPS Growth	-37.23%	-43.50%	34.80%	-	-	-28.55%
Free Cash Flow	862.97	1,354	1,701	1,146	1,464	2,957
Free Cash Flow Per Share	4.94	7.25	8.46	5.41	7.23	13.08
Gross Margin	37.09%	38.96%	41.47%	41.58%	42.48%	46.91%
Operating Margin	12.31%	14.51%	19.20%	12.81%	13.77%	16.85%
Profit Margin	7.23%	9.84%	16.31%	11.68%	-19.99%	14.00%
Free Cash Flow Margin	8.28%	12.82%	14.17%	9.02%	10.04%	19.68%
EBITDA	1,356	1,592	2,385	1,740	2,272	2,898
EBITDA Margin	13.00%	15.07%	19.87%	13.69%	15.59%	19.29%
D&A For EBITDA	71.32	58.73	79.61	112.13	264.6	366.25
EBIT	1,284	1,533	2,305	1,628	2,007	2,531
EBIT Margin	12.31%	14.51%	19.20%	12.81%	13.77%	16.85%
Effective Tax Rate	53.32%	44.84%	24.40%	27.53%	-	26.46%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.