HUYA Inc. announced its unaudited financial results for the second quarter ended June 30, 2025, reporting total net revenues of RMB1,567.1 million (US$218.8 million). This marks the second consecutive quarter of both year-over-year and quarter-over-quarter growth, indicating a positive trajectory in the company's strategic transformation.
Revenues from game-related services, advertising, and other businesses reached RMB413.9 million (US$57.8 million), representing 26% of total net revenues for the quarter, an increase from RMB308.5 million in Q2 2024. This growth was primarily driven by higher revenues from game-related services and advertising, stemming from deepened cooperation with Tencent and other game companies. Live streaming revenues showed signs of stabilization at RMB1,153.2 million (US$161.0 million).
The company achieved breakeven non-GAAP operating profit of RMB0.4 million (US$0.1 million) in Q2 2025, compared to a non-GAAP operating loss of RMB2.7 million in Q2 2024. This quarter also marked HUYA's sixth consecutive profitable quarter on a non-GAAP basis, with non-GAAP net income attributable to HUYA Inc. reaching RMB47.5 million (US$6.6 million). As of June 30, 2025, HUYA had repurchased US$75.4 million of ADSs and distributed approximately US$340 million in special cash dividends during the quarter.
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