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HUYA Stock Plunges: Q4 Revenue Crashes 83.4% YoY to $248.6M, Misses EPS by 106.5%

HUYA posts adjusted loss of $0.01 per share, missing estimates by 106.5%, as Q4 revenue plunges 83% year-over-year to $248.6 million.

March 17, 2026 2 min read
Tencent

HUYA posts adjusted loss of $0.01 per share, missing estimates by 106.5%, as Q4 revenue plunges 83% year-over-year to $248.6 million.

Earnings Per Share (adj.)
$-0.01
vs $0.15 est. (-106.5%)
Revenue
$248.6M
vs $1.7B est.

Adjusted loss misses consensus. HUYA Inc. (NYSE: HUYA) reported adjusted EPS of -$0.01 per share for Q4 2025, missing the consensus estimate of $0.15 per share by 106.5%. The Chinese live-streaming platform posted GAAP EPS of -$0.07 per share. Adjusted net loss came in at $1.2 million, while the company recorded an operating loss of $9.3 million on gross profit of $35 million. The miss marks a sharp reversal from Q3 2025’s $0.16 adjusted EPS and compares unfavorably to year-ago Q4 2024’s $0.01 profit.

Revenue collapses year-over-year. Q4 2025 revenue totaled $248.6 million, falling 83.4% from $1.50 billion in the year-ago quarter and missing the analyst consensus of $1.74 billion. The dramatic revenue contraction reflects ongoing structural challenges in China’s live-streaming sector. Cost of revenue consumed $213.6 million, leaving a gross margin of just 14.1%. Sequential revenue remained flat at $248.6 million versus Q3 2025, suggesting stabilization at a significantly reduced scale. Trading volume reached 1.84 million shares on the report date.

Analyst sentiment holds steady. The consensus rating distribution shows 7 Buy or Strong Buy ratings versus 4 Hold ratings among 11 analysts covering the stock, unchanged over the past three months. No analysts rate HUYA a Sell. Shares closed at $3.37, within the 52-week range of $2.21 to $4.93.

What to Watch: Management’s Q1 2026 guidance and commentary on user engagement trends during the next earnings call will signal whether the revenue base has stabilized or if further contraction lies ahead.

This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.

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Tags: #HUYA