HUYA Inc.
NYSE:HUYA · New York Stock Exchange
-$0.03 today
Vol 0.74M · Avg 1.19M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NYSE:HUYA · Revenue to Net Income
Key Ratios
Analysis
$6.7B of revenue converted into -$117.6M of net income for the selected period. Gross margin is 13.9% and net margin is -1.7%, showing how much revenue survives after costs and taxes. EPS is $-0.50, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.5B +7.0% | $6.1B -13.1% | $7.0B -24.5% | $9.3B -18.4% | $11.4B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $5.6B +6.8% | $5.3B -14.7% | $6.2B -28.2% | $8.6B -11.7% | $9.8B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $872.1M +7.7% | $809.5M -0.7% | $815.2M +24.7% | $653.6M -59.2% | $1.6B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 13.4% +0.1pp | 13.3% +1.7pp | 11.7% +4.6pp | 7.1% -7.0pp | 14.1% | 9.8% | 28.9% | 38.3% |
| Research & Development | $496.7M -3.1% | $512.6M -11.4% | $578.6M -15.5% | $684.4M -16.4% | $818.9M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $575.4M +8.8% | $528.9M -30.5% | $761.4M -12.7% | $871.7M -19.8% | $1.1B | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $1.0B +3.6% | $999.0M -20.6% | $1.3B -9.4% | $1.4B -14.8% | $1.6B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $108.0M +6.8% | $101.1M -28.0% | $140.4M -2.2% | $143.6M +14.9% | $125.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $8.3M -87.6% | $66.7M +231.0% | -$50.9M +86.6% | -$379.7M -149.7% | $763.7M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 0.1% -1.0pp | 1.1% +1.8pp | -0.7% +3.4pp | -4.1% -10.8pp | 6.7% | 5.6% | 46.3% | 42.0% |
| Operating Income | -$162.5M +14.3% | -$189.6M +57.3% | -$443.6M +39.7% | -$736.2M -2340.2% | -$30.2M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | -2.5% +0.6pp | -3.1% +3.2pp | -6.3% +1.6pp | -7.9% -7.7pp | -0.3% | 16.6% | 24.1% | 22.0% |
| Interest Income | $190.8M -51.3% | $391.4M -18.4% | $479.7M +60.9% | $298.2M +20.7% | $247.0M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $62.7M -59.6% | $155.1M -38.5% | $252.3M +18.5% | $212.9M -68.2% | $668.9M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | -$99.8M -189.6% | -$34.5M +82.0% | -$191.3M +63.4% | -$523.3M -181.9% | $638.7M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | -1.5% -1.0pp | -0.6% +2.2pp | -2.7% +2.9pp | -5.6% -11.3pp | 5.6% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $12.8M -5.1% | $13.5M +2.2% | $13.2M -45.8% | $24.4M -55.9% | $55.2M | $1.3B | -$1.6B | $745.2M |
| Net Income | -$112.6M -134.8% | -$48.0M +76.6% | -$204.5M +62.7% | -$547.7M -193.9% | $583.5M | $4.9B | $4.8B | $4.7B |
| Net Margin | -1.7% -0.9pp | -0.8% +2.1pp | -2.9% +3.0pp | -5.9% -11.1pp | 5.1% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | -$0 -128.6% | -$0 +75.0% | -$1 +63.0% | -$2 -192.7% | $2 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | -$0 -128.6% | -$0 +75.0% | -$1 +63.0% | -$2 -194.2% | $2 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $228.8M +0.2% | $228.4M -6.0% | $243.0M +0.9% | $240.9M +1.1% | $238.2M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $228.8M -1.2% | $231.5M -4.7% | $243.0M +0.7% | $241.4M -0.1% | $241.8M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

NextNav Inc.
NASDAQ:NN
$2.52B

Clear Channel Outdoor Holdings, Inc.
NYSE:CCO
$1.22B

Strive, Inc.
NASDAQ:ASST
$1.15B

Scholastic Corporation
NASDAQ:SCHL
$1.08B

Shenandoah Telecommunications Company
NASDAQ:SHEN
$801.61M

Reservoir Media, Inc.
NASDAQ:RSVR
$673.36M

Ribbon Communications Inc.
NASDAQ:RBBN
$444.84M

Similarweb Ltd.
NYSE:SMWB
$422.67M

Dave & Buster's Entertainment, Inc.
NASDAQ:PLAY
$416.59M

Angi Inc.
NASDAQ:ANGI
$200.62M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does HUYA generate?
HUYA Inc. (HUYA) reported $6.50B of revenue in fiscal 2025.
Is HUYA profitable?
HUYA Inc. (HUYA) reported -$112,591,000.00 of net income, with a net margin of -1.7%.
Explore More
Continue the stock analysis
Jump to another research area for this company.