HUYA Inc. Second Quarter 2026 Unaudited Financial Results: China

HUYA Inc. reported its unaudited financial results for the second quarter of 2026, highlighting a strategic shift toward game-related services and content-led publishing within the Chinese market. The company achieved total net revenues of RMB1,739.3 million, representing an 11.0% increase compared to the same period in 2025. This growth was primarily fueled by a 54.1% surge in revenues from game-related services, advertising, and other segments, which reached RMB637.9 million and now account for 36.7% of total net revenues.

Operational efficiency improved during the quarter, with the operating loss narrowing to RMB7.0 million from RMB23.7 million in the second quarter of 2025. On a non-GAAP basis, the company recorded an operating income of RMB16.2 million, compared to RMB0.4 million in the prior-year period. Net income attributable to HUYA Inc. reached RMB1.6 million, a turnaround from the net loss of RMB5.5 million reported in the second quarter of 2025. While live streaming revenues experienced a slight decline to RMB1,101.5 million, the company’s focus on game publishing—exemplified by the performance of the mobile version of Goose Goose Duck—remains a core pillar of its long-term growth strategy.

To reflect confidence in its business outlook and commitment to shareholder value, the board of directors increased the authorized amount of the 2026 Share Repurchase Program from US$50 million to US$100 million. As of June 30, 2026, the company maintained a solid liquidity position with cash, cash equivalents, and deposits totaling RMB3,213.1 million. The company continues to leverage its integrated content ecosystem to drive user engagement and monetization, with additional game titles currently in the pipeline for future release.