Company Approves Special Cash Dividend of 13.5 Cents per Share for 2026
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.
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- Repurchase Program Continuation: HUYA announced it will continue its 2026 share repurchase program, aiming to buy back up to $50 million of American depositary shares and ordinary shares by March 18, 2028, reflecting the company's confidence in its valuation.
- Market Valuation Reflection: Acting CEO Junhong Huang stated that the current market valuation does not fully reflect the company's progress in expanding its game-related services ecosystem, improving revenue structure, and increasing operational efficiency, indicating potential for future growth.
- Repurchase Flexibility: The company noted that future repurchases will depend on market conditions and other factors, with the timing, frequency, and volume of buybacks at its discretion, allowing for adaptability to market fluctuations.
- New Product Launch: HUYA plans to launch a WeChat mini-game this summer while projecting a non-GAAP operating margin approaching breakeven in Q3 2026, demonstrating the company's proactive approach in new business areas.
- Repurchase Program Initiated: HUYA Inc. has launched a share repurchase program authorized by its board on March 18, 2026, allowing for up to $50 million in repurchases over a 24-month period, reflecting the company's confidence in its long-term prospects.
- Market Valuation Reflection: Acting CEO Junhong Huang stated that the current market valuation does not fully capture the progress made in expanding the game-related services ecosystem and improving revenue structure, indicating a commitment to disciplined capital allocation.
- Flexible Repurchase Strategy: The company will evaluate the timing, frequency, and volume of share repurchases based on market conditions, ensuring that repurchase activities align with market conditions and applicable laws to sustainably create value for shareholders.
- Strengthening Industry Position: As a leading provider of game-related entertainment and services, HUYA is dedicated to meeting the needs of global gaming enthusiasts through dynamic live streaming and video content, further solidifying its competitive position in the industry.
- Significant Revenue Growth: HUYA Inc. reported total net revenues of RMB 1.73 billion for Q1 2026, reflecting a 15% year-over-year increase, primarily driven by strong growth in game-related services and advertising, indicating successful diversification of revenue streams.
- Outstanding Game Services Performance: Game-related services, advertising, and other revenues reached RMB 627 million, up 69% year-over-year, accounting for 36% of total net revenues, which highlights the company's expanding market share in the gaming sector and enhances its competitive edge.
- User Base Expansion: HUYA's estimated reach across external platforms doubled to over 200 million users, establishing itself as the largest gaming MCN on WeChat, further solidifying its influence on social media platforms and indicating potential for future user growth.
- Improved Profitability: Despite a decline in interest income, HUYA achieved a non-GAAP net income of RMB 21 million for Q1, with gross margin rising to 14.6%, demonstrating effective strategies in cost management and revenue mix optimization, with expectations for continued improvement in Q3.
- Earnings Surprise: Huya's Q1 non-GAAP EPS of $0.01 beats expectations by $0.01, indicating a slight improvement in profitability despite overall revenue falling short of forecasts.
- Revenue Growth: The company reported Q1 revenue of $250.6 million, reflecting a 14.6% year-over-year increase, although it missed market expectations, showcasing ongoing growth potential in the gaming livestream sector.
- Cash Position: As of March 31, 2026, Huya's cash and cash equivalents, short-term deposits, and long-term deposits totaled RMB 3.4551 billion (approximately $500.9 million), down from RMB 3.8184 billion as of December 31, 2025, highlighting challenges in liquidity management.
- Share Repurchase Plan: Huya has announced a $50 million share repurchase plan aimed at boosting shareholder confidence and enhancing stock price, reflecting the company's commitment to future growth and shareholder value.
- Significant Revenue Growth: HUYA's total net revenues for Q1 2026 reached RMB 1.73 billion, a 14.6% year-over-year increase, with game-related services, advertising, and other revenues soaring by 69.4%, showcasing the company's successful transformation into a diversified service provider.
- Stable Live Streaming Revenue: Live streaming revenues stood at RMB 1.10 billion, slightly down year-over-year, yet the improvement in revenue mix and increased contributions from higher-margin businesses led to a gross margin expansion to 14.6%, laying a solid foundation for future profitability.
- Strong Performance of New Game: The mobile game








