Huya Inc. Reports Q1 2026 Financial Results: Revenue Up Nearly 15% Year-on-Year Driven by Diversified Business Segments

Deep News05-12

On the afternoon of May 12, 2026, Beijing time, Huya Inc. (NYSE: HUYA) released its financial results for the first quarter of 2026. The report shows that Huya's total revenue for Q1 2026 reached RMB 1.73 billion, a year-on-year increase of 14.6%, marking the fifth consecutive quarter of year-on-year growth. Under non-GAAP measures, net profit attributable to Huya Inc. was RMB 21.1 million. Notably, revenue from game-related services, advertising, and other businesses surged 69.4% year-on-year to RMB 630 million. Both gross profit and gross margin improved year-on-year and quarter-on-quarter.

Huang Junhong, CEO of Huya Inc., stated, "Thanks to the continued deepening of our strategic transformation, Huya's performance remained robust in the first quarter of 2026. It is noteworthy that the proportion of revenue from game-related services, advertising, and other businesses in total revenue reached a new high of 36.3% this quarter."

During the first quarter, Huya continued to focus on advancing its ecosystem for game content across platforms, providing strong growth momentum for diversified businesses such as item sales, game publishing, and advertising. "Taking the game publishing business as an example, 'Goose Goose Duck' has lived up to expectations in the domestic market. Since its launch on January 7, it has ranked first on the App Store's free game charts for most of the quarter," Huang Junhong said. On a healthy ecosystem foundation, the game's revenue stream has gradually increased. After launching new skins in April, the game entered the top five of the App Store's top-grossing game charts, initially validating its commercial potential. Huang Junhong revealed that several new games covering genres such as puzzle, SLG, and MMO will be launched within the year. The company is expected to maintain the current positive development momentum through steady execution.

Regarding the quarterly performance, Lei Peng, CFO of Huya Inc., commented, "In the first quarter of 2026, Huya Inc. maintained steady revenue growth, with continuous improvement in its revenue structure and operational performance, fully demonstrating the profit potential brought by the diversification strategy. As the proportion of high-margin diversified business revenue expands, gross margin achieved year-on-year and quarter-on-quarter improvement this quarter."

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