#China #Guangzhou #Gaming #Live Streaming #HUYA Inc

HUYA Inc. Reports Financial Performance for Q2 2025: Emphasizing Growth and Transformation

On August 12, 2025, HUYA Inc., a prominent player in the game-related entertainment sector, publicly announced its unaudited financial results for the second quarter of the year, marking a period of significant change and strategic adaptation.

Financial Highlights

For the second quarter ended June 30, 2025, HUYA reported total net revenues of RMB 1,567.1 million (approximately US$218.8 million), showing a modest increase from RMB 1,541.6 million in the previous year's same quarter. Notably, the game-related services and advertising adjusted revenues together reached RMB 413.9 million (roughly US$57.8 million), a significant rise from RMB 308.5 million in Q2 2024, highlighting the company's evolving business model.

Shifting Revenue Streams

Mr. Junhong Huang, who occupies the role of Acting Co-CEO, highlighted the company’s comprehensive transition from solely a live streaming service to a multi-faceted game entertainment provider. This transition has been propelled by ongoing collaborations with significant gaming partners, including Tencent.

He remarked, "Our efforts in diversification have yielded promising results as we successfully broaden our revenue base beyond live streaming to include integral game-related services and advertising. We are witnessing a robust contribution of 26% from these sectors to our total revenues in this quarter."

The company also noted an average of 161.6 million monthly active users across its platforms during the quarter, indicating a resilient engagement within its user base, further bolstered by strategic enhancements and partnerships.

Financial Challenges and Gains

Although HUYA celebrated revenue growth, the firm also faced obstacles, with a net loss attributable to the company amounting to RMB 5.5 million (around US$0.8 million). This is in contrast to a net income of RMB 29.6 million for the same period in 2024.

In terms of operational success, HUYA reported a non-GAAP net income of RMB 47.5 million (approximately US$6.6 million) for Q2 2025, down from RMB 97.0 million in Q2 2024. These figures underline the underlying costs associated with the strategic shift, which the company is navigating.

Operational Efficiency and Future Goals

Raymond Peng Lei, Acting Co-CEO and CFO, noted that the company's operational efficiency is improving due to recent cost optimizations and better management approaches. He revealed that as of the end of June 2025, HUYA had executed a substantial ADS repurchase program valued at approximately US$75.4 million, showcasing a commitment to enhancing shareholder value.

In looking toward the future, the focus remains heavily on strengthening industry partnerships, innovating within the service offerings, and capturing a greater share of the fast-expanding gaming market.

Conclusion

HUYA Inc.'s latest financial report reflects the company's ongoing journey of growth and transformation within the gaming and entertainment industry. As it continues to adapt to changing market dynamics and harness the potential of its diversified service offerings, the company remains committed to delivering long-term value to its stakeholders and expanding its role within this competitive landscape.

This quarter's results not only highlight notable achievements but also point to the challenges that come with a commitment to strategic evolution. HUYA's dedication to innovation and user engagement will likely play a crucial role in shaping its future trajectory in the gaming sector.