#China #AI #Beijing #Q3 2025 #Autohome

Autohome Inc. Reports Third Quarter 2025 Financial Performance

Autohome Inc. (NYSE: ATHM; HKEX: 2518), a prominent online platform for automotive consumers in China, unveiled its unaudited financial results for the third quarter of 2025 on November 6, 2025. The company achieved notable success, including strong revenues and a continued focus on technological innovations.

Financial Highlights

• - Net Revenues: For the Q3 of 2025, Autohome recorded net revenues of RMB 1,778.1 million (approximately USD 249.8 million), slightly surpassing the RMB 1,774.5 million from Q3 2024.
• - Net Income: The company's net income attributable to Autohome was RMB 436.6 million (USD 61.3 million), a slight decrease from RMB 441.3 million in the same quarter last year. Likewise, net income attributable to ordinary shareholders was RMB 419.4 million (USD 58.9 million), compared to RMB 425.7 million in Q3 2024.
• - Adjusted Net Income: Excluding specific costs, Autohome's adjusted net income (Non-GAAP) stood at RMB 406.9 million (USD 57.2 million), down from RMB 497.2 million year-over-year.

Share Repurchase and Dividends

In a move to enhance shareholder value, Autohome has repurchased 5,483,238 American depositary shares (ADSs) at a total cost of USD 145.9 million as of October 31, 2025. Additionally, the Board of Directors has sanctioned a cash dividend of USD 1.20 per ADS, payable on or around February 12, 2026, to shareholders of record by December 31, 2025. This dividend will amount to approximately RMB 1 billion, contributing to a total cash dividend of RMB 1.5 billion for the entire year.

Strategic Developments

Chi Liu, Chairman and CEO of Autohome, remarked on the advancements made in AI and O2O strategies, emphasizing the integration of AI technologies with their services to enhance user experiences. A key milestone was the soft launch of the Autohome Mall in September 2025, marking progress in their new retail model. The focus remains on building a comprehensive ecosystem that supports seamless transitions from online browsing to offline transactions and after-sales services.

Performance and Growth

Craig Yan Zeng, Chief Financial Officer, noted that Autohome has experienced significant user growth, reporting a 5.1% increase in the average number of daily active mobile users, reaching 76.56 million in September 2025. Revenues from online marketplace and other services surged by 32.1% compared to the previous year, highlighting the robust performance of their new retail initiative.

Financial Breakdown

• - Cost of Revenues: The cost of revenues increased to RMB 646.0 million (USD 90.7 million) due to elevated transaction costs in lower-tier cities.
• - Operating Expenses: Operating expenses lowered to RMB 1,024.5 million (USD 143.9 million), marking a decrease from RMB 1,352.2 million in Q3 2024, which reflects reduced sales and marketing expenses.

Conclusion

Autohome continues to strengthen its market position through strategic innovations and a focus on user engagement. The company's ability to maintain revenue growth while navigating the challenging landscape of the automotive industry speaks to its resilience and strategic foresight. As Autohome prepares for what lies ahead, the emphasis will remain on leveraging technology to further enhance their offerings in the ever-evolving auto market.

For those interested in further details regarding Autohome's financial performance or future strategies, the company will host an earnings conference call scheduled for November 6, 2025, at 7:00 AM US Eastern Time, which will also be accessible via their investor relations website.

For more information about Autohome and its services, visit Autohome's official website.