HUYA News & Events

Huya announced that its board of directors has authorized a new share repurchase program, effective immediately on March 18. Under the share repurchase program, the company may repurchase up to $50M of its American depositary shares and/or ordinary shares over a 24-month period ending on March 18, 2028. The company's previous share repurchase program, which was originally adopted on August 15, 2023, was scheduled to expire on March 31. Upon the effectiveness of the 2026 share repurchase program on March 18, the 2023 share repurchase program was terminated, and any of the unutilized quota of $24.5M under the 2023 share repurchase program was cancelled.

Reports Q4 revenue $248.6M vs. $204.9M last year. Average MAUs for the fourth quarter of 2025 was 160M. Junhong Huang, acting co-CEO and senior VP of Huya, commented, "In 2025, we made meaningful progress in our evolution into a comprehensive game-related services provider. Our total net revenues for 2025 rebounded to RMB6.5 billion, up 7.0% year-over-year. Notably, our fourth quarter total net revenues reached RMB1.74 billion, with year-over-year growth accelerating to 16.2%. This performance was primarily driven by our business diversification efforts, as game-related services, advertising, and other revenues surged 59.4% year-over-year and accounted for over 30% of total net revenues, which is now the second quarter since we first hit this milestone."

To implement its 2025-2027 dividend plan adopted in March 2025, the board of directors of the company has approved a special cash dividend for the year 2026. The 2026 cash dividend will be paid to holders of ordinary shares and holders of ADSs of record as of the close of business on June 17, in U.S. dollars, in an amount of 13.5c per ordinary share. The total amount of cash to be distributed for the 2026 cash dividend is expected to be approximately $31M, which will be funded by surplus cash on the company's balance sheet. The payment date for holders of ordinary shares and holders of ADSs is expected to be on or around June 30. The dividend to be paid to the company's ADS holders through the depositary bank will be subject to the terms of the deposit agreement.

Reports Q3 revenue $237.1M vs. $219.1M last year. Average MAUs for the third quarter was 162.3M. Junhong Huang, Acting co-CEO and senior VP of Huya, commented, "As we close the third quarter of 2025, we are encouraged to report that Huya has returned to a promising growth trajectory, with total net revenues up approximately 10% year-over-year. This progress reflects both stabilization in our live streaming revenues and accelerating contributions from game-related services, advertising and other initiatives."