Huya Inc. income statement
In fiscal 2025, Huya Inc. reported revenue of $905m, up 7.1% on the year before, operating income of −$22.6m (a -2.5% margin) and net income of −$15.7m, or −$0.07 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 120 | 323 | 707 | 1,213 | 1,582 | 1,760 | 1,380 | 988 | 845 | 905 |
| Cost of revenue | 165 | 286 | 596 | 998 | 1,253 | 1,512 | 1,282 | 873 | 732 | 783 |
| Gross profit | −45 | 38 | 111 | 215 | 329 | 248 | 97 | 115 | 113 | 121 |
| Research and development | 28 | 25 | 40 | 74 | 106 | 127 | 102 | 82 | 71 | 69 |
| Selling and marketing | 10 | 13 | 29 | 63 | 81 | 118 | 79 | 62 | 38 | 37 |
| General and administrative | 11 | 15 | 44 | 51 | 65 | 51 | 51 | 45 | 35 | 43 |
| Operating income | −94 | −14 | 4 | 38 | 105 | −5 | −110 | −63 | −26 | −23 |
| Provision for credit losses | — | — | — | 0 | −0 | 0 | — | — | — | — |
| Income before tax | −94 | −12 | −319 | 82 | 150 | 40 | −78 | −27 | −5 | −14 |
| Income tax | — | — | −8 | 14 | 26 | 9 | 4 | 2 | 2 | 2 |
| Net income | −94 | −12 | −294 | 68 | 128 | 90 | −82 | −29 | −7 | −16 |
| Diluted EPS | −$0.94 | −$0.15 | −$2.28 | $0.29 | $0.54 | $0.37 | −$0.34 | −$0.12 | −$0.03 | −$0.07 |
| Diluted shares (average) | 100m | 100m | 167m | 232m | 239m | 242m | 241m | 243m | 232m | 229m |
| EBITDA | −94 | −13 | 8 | 44 | 114 | 3 | −103 | −56 | −21 | −18 |
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