NASDAQ$MOMO

Hello Group Inc-ADR · Q4 2025 earnings

Q4 2025 earnings · · Investor relations

Briefing

Hello Group Q4 2025: RMB2.58B revenue (-2.3% YoY), RMB237M net income (+27% YoY)

Hello Group (MOMO) reported Q4 2025 net revenues of RMB2,575.8 million (US$368.3 million), down 2.3% year over year, as domestic Momo and Tantan revenue declined amid weak consumer sentiment and external headwinds. Net income attributable to Hello Group was RMB237.3 million in Q4, up from RMB187.2 million in Q4 2024, with non-GAAP net income of RMB281.3 million. Overseas revenue surged 70.3% to RMB608.2 million, driven by growth in MENA audio/video products and new dating brands. Full-year 2025 net revenues were RMB10,367.1 million (-1.9% YoY) with net income of RMB804.0 million. The board declared a special cash dividend of US$0.28 per ADS payable April 30, 2026.

  • Q4 net revenue of RMB2,575.8M (-2.3% YoY); FY2025 revenue of RMB10,367.1M (-1.9% YoY)
  • Q4 net income of RMB237.3M (+27% YoY); non-GAAP net income of RMB281.3M
  • Overseas revenue grew 70.3% to RMB608.2M in Q4, now a key growth engine
  • Momo paying users declined to 3.9M from 5.7M; Tantan paying users at 0.6M
  • Special dividend of US$0.28/ADS declared; 60.3M ADSs repurchased for US$378.9M to date

Headline financials

Total Revenue

¥2.58B

Previous: ¥361M+613.1%
EPS (adj)

¥1.70

Previous: ¥0.18+844.4%
Momo paying users

3.9M

No prior period
Tantan paying users

600.0K

No prior period
Net Income

¥237M

Previous: ¥25.6M+827.0%
Operating Income

¥307M

Previous: ¥32.4M+847.8%
Cash & Equivalents

¥5.32B

No prior period

Revenue & EPS history

Hello Group · Revenue · Quarterly

¥2.58B

Q4 2025+613.1%vs Q4 2024
Beat estimate in 10 of 12 quarters(83%)
ActualEstimate

Revenue by segment

Hello Group · ¥2.65B total across 2 segments · Q3 2025

  • Chinese Mainland
    ¥2.12B
  • Overseas
    ¥535M

Forward guidance

For Q1 2026, Hello Group expects total net revenues between RMB2.3 billion and RMB2.4 billion, representing a decrease of 8.8% to 4.8% year over year.

Tailwinds

  • Overseas business posting exceptional growth with diversified brand portfolio
  • Stable cash-cow domestic business maintained healthy ecosystem

Headwinds

  • Domestic business facing external headwinds and weak consumer sentiment
  • Paying user base declining on Momo and Tantan apps

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.4%

Avg return

Earnings day

-0.1%

Avg return

5 days after

-0.1%

Avg return

30 days after

47%

22 / 47 earnings

Positive

+70.1%

Q3 2022

Best reaction

-22.2%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+3.0%+0.0%+6.7%
Q3 2025-6.2%-5.0%-5.6%
Q2 2025-2.8%-7.9%-12.2%
Q1 2025+13.0%+29.1%+35.5%
Q4 2024-8.4%-3.8%-29.0%
Q3 2024+11.8%+15.8%+1.9%
Q2 2024-6.6%-3.9%+14.3%
Q1 2024-3.3%+2.2%+8.9%
Q4 2023-22.2%-22.7%-30.9%
Q3 2023+4.7%+4.9%+0.5%
Q2 2023-9.2%-15.1%-26.8%
Q1 2023+0.9%+2.6%+10.4%
Q4 2022-5.8%+1.3%+3.8%
Q3 2022+70.1%+55.2%+87.0%
Q2 2022+3.3%-2.5%-10.3%
Q1 2022-0.6%-16.0%-18.1%
Q4 2021-5.1%-8.1%-39.7%
Q3 2021-15.3%-23.3%-24.3%
Q2 2021+0.3%+1.9%-18.4%
Q1 2021+5.0%+13.4%-0.8%
Q4 2020-0.6%+1.5%+4.3%
Q3 2020-7.2%-5.5%-2.9%
Q2 2020-22.1%-26.6%-25.5%
Q1 2020-8.1%-7.1%-20.5%
Q4 2019+9.4%+13.1%+19.0%
Q3 2019-3.0%-2.7%-8.2%
Q2 2019+6.7%+12.4%+1.3%
Q1 2019+8.6%+6.0%+38.4%
Q4 2018+16.1%+18.3%+14.3%
Q3 2018-14.6%-23.4%-19.8%
Q2 2018+8.6%+15.9%+14.7%
Q1 2018+10.7%+27.3%+14.0%
Q4 2017+5.2%+9.0%+7.2%
Q3 2017-17.4%-27.0%-18.7%
Q2 2017-18.5%-21.1%-21.4%
Q1 2017-9.8%-8.6%-9.1%
Q4 2016+28.5%+15.7%+29.9%
Q3 2016-12.0%-18.3%-21.9%
Q2 2016-3.4%-0.6%+46.4%
Q1 2016+8.6%
Q4 2015-6.9%
Q3 2015-13.8%
Q2 2015+34.2%
Q4 2012+1.3%
Q4 2013+1.3%
Q4 2014+1.3%
Q1 2015-12.1%
Q3 2014
Q2 2014
Q1 2014
Q3 2013
Q2 2013
Q1 2013

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro