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. 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. 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.