Hello Group Reports 5.3% Revenue Decline in Q1 2026

Written by Emily J. Thompson, Senior Investment Analyst

Source: Newsfilter

Updated: 1 hour ago

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Source: Newsfilter

Revenue Decline: In Q1 2026, Hello Group reported total revenues of RMB 2,386.0 million (approximately $345.9 million), reflecting a 5.3% year-over-year decline, indicating challenges in the domestic market and a shrinking user base.
Overseas Growth: Despite the overall revenue drop, overseas revenues surged by 44.1% year-over-year to RMB 597.4 million (approximately $86.6 million), showcasing the company's potential for expansion in international markets.
Net Income Decrease: The net income for Q1 2026 was RMB 291.0 million (approximately $42.2 million), down 18.7% from RMB 358.0 million in the same period of 2025, reflecting pressure on the company's profitability.
User Count Decline: The number of paying users for the Momo app decreased from 4.2 million last year to 3.7 million, while Tantan's paying users fell from 800,000 to 600,000, highlighting the direct impact of user attrition on revenue.

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About MOMO

Hello Group Inc, formerly Momo Inc, is a company engaged in the online social networking space. The Company operates through two platforms, which include The Momo Platform and The Tantan Platform. Its Momo platform includes Momo mobile application and related properties, features, functionalities, tools and services. It connects people and facilitates interactions over a collection of social experiences based on location, interests, content sharing and recreational activities, including live talent shows, short videos, social games as well as other video- and audio-based interactive experiences, such as online parties, mobile karaoke and user-participated reality shows. Its Tantan platform is a social and dating application, which is designed to help its users find and establish romantic connections, as well as meet interesting people. Its brands include Momo, TanTan, inSpaze, TieTie, SoulChill, tantan, MiraiMind, amar, Hertz, Yaahlan, DuiDui, Outbase, Momo Pictures and happn.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Hello Group (MOMO) Q1 Earnings Preview

17 hours agoseekingalpha

Earnings Announcement Date: Hello Group (MOMO) is set to announce its Q1 earnings on June 2nd before the market opens, drawing significant attention from investors regarding its performance.
Declining EPS Expectations: The consensus EPS estimate stands at $0.23, reflecting a year-over-year decline of 28.1%, indicating pressure on the company's profitability.
Slight Revenue Decline: The consensus revenue estimate is $341.27 million, down 1.8% year-over-year, highlighting challenges in revenue growth for the company.
Historical Performance Review: Over the past two years, Hello Group has beaten EPS estimates 63% of the time and has exceeded revenue estimates 100% of the time, demonstrating its capability in managing market expectations.

Hello Group Reports Q1 2026 Financial Results

52 minutes agoPRnewswire

Revenue Decline: In Q1 2026, total net revenues were RMB 2.386 billion (approximately $345.9 million), a 5.3% decrease from RMB 2.520 billion in Q1 2025, primarily due to reduced revenues from the Momo and Tantan apps, reflecting increased market competition and user base decline pressures.
Overseas Business Growth: Despite the overall revenue decline, net revenues from overseas increased from RMB 414.6 million to RMB 597.4 million (approximately $86.6 million), indicating rapid expansion of social entertainment and dating brands in the MENA region, showcasing the success of the company's diversified product portfolio.
Cost Optimization: Total costs and expenses for Q1 2026 were RMB 20.887 billion (approximately $302.8 million), down 6.5% from 2025, primarily due to optimized personnel costs and reduced marketing expenditures in China, demonstrating the company's effectiveness in cost control.
Special Cash Dividend: In March 2026, the company declared a special cash dividend of $0.28 per ADS, totaling $41.2 million, aimed at rewarding shareholders and boosting market confidence, despite facing challenges in overall financial performance.