← HUYA Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $796.9m |
$2.2b
+174.16%
|
$678.3m
-68.96%
|
$1.2b
+77.35%
|
$1.7b
+39.05%
|
$1.8b
+6.49%
|
$1.3b
-24.95%
|
$7.0b
+423.20%
|
$6.1b
-13.09%
|
$6.5b
+6.96%
|
$6.7b
+3.38%
|
|
| Total net revenues | $796.9m | $2.2b | $4.7b | $8.4b | $10.9b | $11.4b | $9.2b | $7.0b | $6.1b | $6.5b | — | |
| Cost of Revenue | ($1.1b) |
$1.9b
+276.30%
|
$572.1m
-70.35%
|
$990.1m
+73.05%
|
$1.3b
+33.84%
|
$1.5b
+15.48%
|
$1.2b
-18.42%
|
$870.3m
-30.28%
|
$721.9m
-17.05%
|
$805.1m
+11.52%
|
$5.8b
+618.58%
|
|
| Cost of revenues (including transactions with related parties of RMB421,567, RMB358,613 and RMB460,683 for the years ended December 31, 2023, 2024 and 2025, respectively) | ($1.1b) |
($1.9b)
-76.30%
|
($3.9b)
-103.83%
|
($6.9b)
-75.22%
|
($8.6b)
-25.44%
|
($9.8b)
-12.78%
|
($8.6b)
+11.71%
|
($6.2b)
+28.23%
|
($5.3b)
+14.72%
|
($5.6b)
-6.84%
|
$5.8b
+202.76%
|
|
| Gross Profit | ($297.7m) |
$255.0m
+185.63%
|
$106.1m
-58.37%
|
$212.9m
+100.54%
|
$347.6m
+63.29%
|
$251.1m
-27.76%
|
$88.6m
-64.73%
|
$114.8m
+29.64%
|
$110.9m
-3.42%
|
$124.7m
+12.46%
|
$936.8m
+651.16%
|
|
| Research And Development | $188.3m | $170.2m | $265.2m | $508.7m | $734.3m | $818.9m | $684.4m | $578.6m | $512.6m | $496.7m | $498.9m | |
| Research and Development Expense | — | $170.2m | $38.6m | $73.1m | $112.5m | $128.5m | $98.6m | $81.5m | $70.2m | $71.0m | $498.9m | |
| Selling and Marketing Expense | — | $87.3m | $27.5m | $63.0m | $85.5m | $119.2m | $70.0m | $62.1m | $37.5m | $38.1m | $606.5m | |
| Sales and marketing expenses (including transactions with related parties of RMB62,889, RMB3,533 and RMB13,014 for the years ended December 31, 2023, 2024 and 2025, respectively) | ($68.7m) | ($87.3m) | ($189.2m) | ($438.4m) | ($558.0m) | ($759.5m) | ($482.9m) | ($440.6m) | ($274.0m) | ($266.6m) | — | |
| General and Administrative Expense | — | $102.0m | $41.8m | $50.7m | $68.2m | $51.3m | $46.5m | $45.2m | $34.9m | $44.2m | $312.5m | |
| General and administrative expenses (including transactions with related parties of RMB350, RMB3,478 and RMB3,603 for the years ended December 31, 2023, 2024 and 2025, respectively) | ($71.3m) | ($102.0m) | ($287.7m) | ($352.8m) | ($445.0m) | ($326.8m) | ($320.4m) | ($320.8m) | ($254.8m) | ($308.9m) | $312.5m | |
| Amortization of Intangible Assets | — | $804k | $1.2m | $2.5m | $6.8m | $6.2m | $5.5m | $7.7m | $5.0m | $5.7m | — | |
| Other Operating Expenses | — | — | — | — | — | — | ($166.3m) | ($81.3m) | ($42.5m) | ($37.5m) | — | |
| Operating Expenses | — | $359.4m | $107.9m | $186.7m | $266.2m | $299.0m | $215.1m | $188.7m | $142.7m | $153.3m | $1.1b | |
| Total operating expenses | ($328.4m) | ($359.4m) | ($742.1m) | ($1.3b) | ($1.7b) | ($1.9b) | ($1.5b) | ($1.3b) | ($1.0b) | ($1.1b) | $1.1b | |
| Other Operating Income | ($626.1m) | $9.6m | $5.7m | $11.4m | $725.0m | ($30.2m) | ($706.5m) | ($443.6m) | ($189.6m) | ($162.5m) | — | |
| Operating Income (Loss) | ($626.1m) |
($94.9m)
+84.85%
|
$3.9m
+104.09%
|
$37.5m
+868.38%
|
$111.1m
+195.93%
|
($4.7m)
-104.26%
|
($102.4m)
-2063.67%
|
($62.5m)
+39.00%
|
($26.0m)
+58.43%
|
($23.2m)
+10.53%
|
($131.6m)
-466.51%
|
|
| Other Operating Income (Expense), Net | ($626.1m) | ($94.9m) | $26.7m | $261.4m | $725.0m | ($30.2m) | ($706.5m) | $11.4m | $5.8m | $5.4m | — | |
| Investment Income, Interest | — | $14.0m | $22.8m | $43.7m | $48.0m | $38.8m | $43.2m | $67.6m | $53.6m | $27.3m | — | |
| Interest income and short-term investments income | $518k | $14.0m | $156.5m | $304.5m | $313.4m | $247.0m | $298.2m | $479.7m | $391.4m | $190.8m | $156.2m | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | — | — | — | — | $44.2m | $7.6m | $0 | $0 | $0 | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | $0 | $7k | $166k | $315k | ($232k) | ($348k) | ($224k) | ($521k) | ($961k) | — | |
| Gain On Sale Of Security | — | — | — | — | — | — | $5.1m | ($1.6m) | ($3.8m) | ($5.2m) | ($6.5m) | |
| Income (Loss) from Equity Method Investments | — | ($151k) | $16.5m | ($399k) | $4.4m | $59.5m | ($76k) | $0 | $0 | ($385k) | — | |
| Other income, net | — | — | — | — | — | $274.7m | $166.3m | $81.3m | $42.5m | $37.5m | ($126.7m) | |
| Loss before share of loss in equity method investments, net of income taxes | ($625.6m) | ($80.8m) | ($2.1b) | $470.9m | $855.7m | $204.3m | ($486.1m) | ($204.5m) | ($48.0m) | ($109.9m) | — | |
| Share of loss in equity method investments, net of income taxes | $0 | ($151k) | $113.3m | ($2.8m) | $28.4m | $379.2m | ($520k) | $0 | $0 | ($2.7m) | — | |
| Other Income Expense | — | — | — | — | — | — | ($84.8m) | ($227.4m) | ($236.3m) | ($125.4m) | ($126.7m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | ($79.8m) | $169.3m | $796.1m | $994.2m | $360.2m | ($492.1m) | ($406.5m) | ($233.6m) | ($260.1m) | ($102.1m) | |
| Pre-Tax Income | — | — | — | — | — | — | ($522.8m) | ($191.3m) | ($34.5m) | ($97.1m) | ($102.1m) | |
| Current Income Tax Expense (Benefit) | — | $0 | $0 | — | — | — | — | — | — | — | $12.2m | |
| Loss before income tax expenses | ($625.6m) | ($80.8m) | ($2.1b) | $567.0m | $1.0b | $259.5m | ($458.3m) | ($191.3m) | ($34.5m) | ($97.1m) | — | |
| Income tax expenses | — | — | — | ($96.1m) | ($176.8m) | ($55.2m) | ($27.9m) | ($13.2m) | ($13.5m) | ($12.8m) | $12.2m | |
| Income Tax Expense (Benefit) | — | — | ($50.9m) | $96.1m | $176.8m | $8.7m | $4.0m | $1.9m | $1.8m | $1.8m | $12.2m | |
| Net loss attributable to HUYA Inc. | ($625.6m) | ($81.0m) | ($1.9b) | $468.2m | $884.2m | $583.5m | ($486.7m) | ($204.5m) | ($48.0m) | ($112.6m) | — | |
| Net Income From Continuing And Discontinued Operation | — | — | — | — | — | — | ($547.7m) | ($204.5m) | ($48.0m) | ($112.6m) | ($117.6m) | |
| Net loss attributable to ordinary shareholders | ($625.6m) | ($100.8m) | ($2.5b) | $468.2m | $884.2m | $583.5m | ($486.7m) | ($204.5m) | ($48.0m) | ($112.6m) | — | |
| Net Income (Loss) Attributable to Parent | — | ($81.0m) |
($281.8m)
-248.07%
|
$67.2m
+123.86%
|
$135.5m
+101.50%
|
$91.6m
-32.43%
|
($70.6m)
-177.06%
|
($28.8m)
+59.18%
|
($6.6m)
+77.19%
|
($16.1m)
-145.03%
|
($117.6m)
-630.30%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | — | ($100.8m) |
($364.5m)
-261.60%
|
$67.2m
+118.45%
|
$135.5m
+101.50%
|
$91.6m
-32.43%
|
($70.6m)
-177.06%
|
($28.8m)
+59.18%
|
($6.6m)
+77.19%
|
($16.1m)
-145.03%
|
($117.6m)
-630.30%
|
|
| Earnings Per Share, Basic | — | ($1.01) | ($15.02) | $0.31 | $0.60 | $0.38 | ($0.29) | ($0.12) | ($0.03) | ($0.07) | ($0.51) | |
| Earnings Per Share, Diluted | ($6.26) | ($1.01) | ($15.02) | $0.29 | $0.57 | $0.38 | ($0.29) | ($0.12) | ($0.03) | ($0.07) | ($0.51) | |
| Weighted Average Number of Shares Outstanding, Basic | — | 100.0m | 166.8m | 214.8m | 227.1m | 238.2m | 241.4m | 243.0m | 231.5m | 228.8m | 228.9m | |
| Basic Average Shares | — | 100.0m | 166.8m | 214.8m | 227.1m | 238.2m | $241.4m | $243.0m | $231.5m | $228.8m | $228.9m | |
| Diluted Average Shares | — | 100.0m | 166.8m | 214.8m | 227.1m | 238.2m | $241.4m | $243.0m | $231.5m | $228.8m | $228.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | 100.0m | 166.8m | 232.0m | 238.6m | 241.8m | 241.4m | 243.0m | 231.5m | 228.8m | 228.9m | |
| Additional Financial Items | ||||||||||||
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | $8.0m | $210.8m | $166.1m | $43.7m | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Impairment loss of investments | — | — | — | — | $0 | $0 | ($55.2m) | ($225.8m) | ($232.5m) | ($120.2m) | — | |
| Disposal gain of investments | — | — | — | — | — | — | — | $0 | $0 | $1.5m | — | |
| Foreign currency exchange losses, net | $0 | $0 | $51k | $1.2m | $2.1m | ($1.5m) | ($2.4m) | ($1.6m) | ($3.8m) | ($6.7m) | — | |
| Foreign currency translation adjustments, net of nil tax | $0 | $308k | $366.3m | $157.6m | ($451.9m) | ($148.6m) | $575.1m | $143.3m | $73.4m | ($48.0m) | — | |
| Unrealized securities holding loss, net of tax | — | — | — | — | $0 | $0 | $86.0m | ($20.8m) | ($64.0m) | ($43.5m) | — | |
| Basic (in share) | — | $100.0m | $166.8m | $214.8m | $227.1m | $238.2m | $241.4m | $243.0m | $231.5m | $228.8m | $228.9m | |
| Diluted (in share) | — | $100.0m | $166.8m | $232.0m | $238.6m | $241.8m | $241.4m | $243.0m | $231.5m | $228.8m | $228.9m | |
| Diluted EPS | — | — | — | — | — | — | ($2.02) | ($0.84) | ($0.21) | ($0.49) | ($0.51) | |
| Diluted NI Availto Com Stockholders | — | — | — | — | — | — | ($547.7m) | ($204.5m) | ($48.0m) | ($112.6m) | ($117.6m) | |
| Earnings From Equity Interest Net Of Tax | $0 | ($151k) | $113.3m | ($2.8m) | $28.4m | $379.2m | ($520k) | $0 | $0 | ($2.7m) | ($3.3m) | |
| Impairment Of Capital Assets | — | — | — | — | — | $0 | $34.6m | $0 | $0 | — | $0 | |
| Normalized EBITDA | — | — | — | — | — | — | ($507.9m) | ($75.8m) | $160.7m | $70.9m | ($131.6m) | |
| Normalized Income | — | — | — | — | — | — | ($484.1m) | ($34.0m) | $129.2m | ($18.6m) | ($41.6m) | |
| Other Gand A | — | — | — | — | — | — | $341.2m | $320.8m | $254.8m | $308.9m | — | |
| Reconciled Depreciation | — | — | — | — | — | — | $143.6m | $140.4m | $114.0m | $108.0m | $108.0m | |
| Salaries And Wages | — | — | — | — | — | $56.6m | $32.0m | — | — | — | — | |
| Selling General And Administration | — | — | — | — | — | — | $871.7m | $761.4m | $528.9m | $575.4m | — | |
| Special Income Charges | — | — | — | — | — | — | ($89.8m) | ($225.8m) | ($232.5m) | ($120.2m) | ($120.2m) | |
| Tax Effect Of Unusual Items | — | — | — | — | — | — | ($21.2m) | ($56.8m) | ($59.1m) | ($31.3m) | ($50.7m) | |
| Tax Provision | — | — | — | — | — | — | $24.4m | $13.2m | $13.5m | $12.8m | $12.2m | |
| Tax Rate For Calcs | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Write Off | — | — | — | — | — | — | $55.2m | $225.8m | $232.5m | $120.2m | $120.2m | |
| Cost, Depreciation and Amortization | — | — | — | — | — | $39.2m | $38.0m | $54.3m | $36.6m | $39.5m | — | |
| Operating Expense | — | — | — | — | — | — | $1.4b | $1.3b | $999.0m | $1.0b | $1.1b | |
| Total comprehensive loss attributable to HUYA Inc. | ($625.6m) | ($80.7m) | ($1.6b) | $625.7m | $432.3m | $434.9m | $174.4m | ($82.0m) | ($38.5m) | ($204.1m) | — | |
| Total Unusual Items | — | — | — | — | — | — | ($84.8m) | ($227.4m) | ($236.3m) | ($125.4m) | ($126.7m) | |
| Total Expenses | — | — | — | — | — | — | $10.0b | $7.4b | $6.3b | $6.7b | $6.9b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.