Hello Group Q4 Revenue Drops 2.3% to RMB2.58 Billion, Overseas Up 70.3%
Hello Group’s Q4 net revenue fell 2.3% to RMB2,575.8m while overseas revenue climbed 70.3% to RMB608.2m and net income rose to RMB237.3m. For full year 2025, net revenue dipped 1.9% to RMB10,367.1m as overseas revenue surged 70.8% to RMB2,000m while net income declined 22.6% to RMB804m.
1. Q4 Financial Performance
In Q4 2025, Hello Group reported net revenue of RMB2,575.8 million, down 2.3% year-over-year, driven by softer domestic value-added services. Overseas net revenue surged 70.3% to RMB608.2 million, lifting net income to RMB237.3 million and boosting non-GAAP EPS to RMB1.70 per ADS despite a decline in paying users on Momo and Tantan apps.
2. FY2025 Financial Overview
For the full year, net revenue decreased 1.9% to RMB10,367.1 million as domestic app revenues softened, while overseas revenue jumped 70.8% to RMB2,000 million. Net income fell 22.6% to RMB804.0 million and non-GAAP net income declined to RMB993.5 million, with annual EPS at RMB4.75 per ADS.
3. CEO Commentary on Growth Drivers
CEO Yan Tang highlighted that agile execution maintained stable performance in the domestic business despite external headwinds, while targeted product incubation and M&A fueled rapid overseas expansion. He emphasized that the overseas segment has become a critical growth engine, diversifying the group’s brand portfolio and driving accelerated revenue momentum.