HUYA Q4 Revenues Rise 16.2% to RMB1.74B, Approves Dividend
HUYA's Q4 2025 net revenues rose 16.2% to RMB1.74 billion ($248.6 million), driven by a 59.4% surge in game services and advertising while live streaming remained flat. The company reported a GAAP EPS loss of $0.04, approved a special cash dividend and extended share buyback through 2027.
1. Q4 2025 Financial Results
HUYA delivered net revenues of RMB1.74 billion in Q4 2025, a 16.2% year-over-year increase. Growth was led by a 59.4% jump in game-related services and advertising revenue, while core live-streaming sales held steady.
2. Profitability and Capital Returns
The company reported a GAAP EPS loss of $0.04, reflecting ongoing investments and margin pressure. HUYA also approved a special cash dividend for 2025 and has extended its share buyback program through 2027 to return capital to shareholders.
3. Full-Year 2025 Revenue Growth
For the full year of 2025, HUYA achieved a 7% increase in total revenues, reaching RMB6.50 billion. The company continues to diversify beyond live streaming into broader gaming ecosystem services to drive future growth.
4. Analyst Outlook
Analysts maintain price targets in the $3.45–$3.50 range, reflecting cautious optimism on top-line expansion but concern over sustained losses. Mixed sentiment persists as investors weigh revenue momentum against profitability challenges.