HUYA Inc. Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6,502	6,079	6,994	9,264	11,351
Revenue Growth (YoY)	6.96%	-13.08%	-24.50%	-18.39%	4.00%
Cost of Revenue	5,630	5,270	6,179	8,611	9,751
Gross Profit	872.13	809.45	815.2	653.63	1,600
Selling, General & Admin	575.44	528.89	761.44	871.73	1,086
Research & Development	496.68	486.78	544.61	630.85	818.88
Other Operating Expenses	-37.48	-42.5	-81.26	-166.31	-274.7
Operating Expenses	1,035	973.17	1,225	1,336	1,630
Operating Income	-162.51	-163.72	-409.59	-682.64	-30.17
Interest & Investment Income	190.79	391.39	479.68	298.21	247.01
Earnings From Equity Investments	-2.7	-	-	-0.52	379.21
Currency Exchange Gain (Loss)	-6.72	-3.8	-1.59	-2.52	-1.48
EBT Excluding Unusual Items	18.87	223.87	68.5	-387.48	594.57
Merger & Restructuring Charges	-	-25.86	-34	-53.6	-
Impairment of Goodwill	-	-	-	-34.64	-
Gain (Loss) on Sale of Investments	-118.66	-232.47	-225.8	-47.6	44.16
Pretax Income	-99.79	-34.46	-191.3	-523.31	638.73
Income Tax Expense	12.81	13.5	13.22	24.36	55.23
Net Income	-112.59	-47.96	-204.52	-547.67	583.5
Net Income to Common	-112.59	-47.96	-204.52	-547.67	583.5
Net Income Growth	-	-	-	-	-34.01%
Shares Outstanding (Basic)	229	232	243	241	238
Shares Outstanding (Diluted)	229	232	243	241	242
Shares Change (YoY)	-1.16%	-4.73%	0.66%	-0.15%	1.32%
EPS (Basic)	-0.49	-0.21	-0.84	-2.27	2.45
EPS (Diluted)	-0.49	-0.21	-0.84	-2.27	2.41
EPS Growth	-	-	-	-	-35.04%
Free Cash Flow	-	-91.97	-155.29	-556.71	287.97
Free Cash Flow Per Share	-	-0.40	-0.64	-2.31	1.19
Gross Margin	13.41%	13.31%	11.65%	7.05%	14.10%
Operating Margin	-2.50%	-2.69%	-5.86%	-7.37%	-0.27%
Profit Margin	-1.73%	-0.79%	-2.92%	-5.91%	5.14%
Free Cash Flow Margin	-	-1.51%	-2.22%	-6.01%	2.54%
EBITDA	-86.01	-87.22	-308.47	-580.63	58.94
EBITDA Margin	-1.32%	-1.44%	-4.41%	-6.27%	0.52%
D&A For EBITDA	76.5	76.5	101.12	102.01	89.11
EBIT	-162.51	-163.72	-409.59	-682.64	-30.17
EBIT Margin	-2.50%	-2.69%	-5.86%	-7.37%	-0.27%
Effective Tax Rate	-	-	-	-	8.65%
Revenue as Reported	6,502	6,079	6,994	9,264	11,351

Updated Mar 17, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q