Also trades as: 0YB1.L (LSE) · $vol 0M

$2.15

-0.07 (-3.15%)

Weekly Expected Move ±4.1%

$2 $2 $2 $2 $2

NYSE · Communication Services · Entertainment · Tech Score Sell · Power 35 · $491.0M mcap · 228M float · 0.372% daily turnover · Short 35% of daily vol

Credit Risk of going bust: lower than 82% of companies Debt: 0.7% of company value Bonds: none of note held by US funds details ▾

If the stock fell to about $0.00 (down 99.9%), HUYA Inc. would be worth roughly what it owes.
Total debt $3.4M against a stock market value of $491.0M.
Distance to default 10.38 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $1.7M (short-term plus half of long-term), stock volatility 53.7%; Altman Z'' 3.87. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$6.3B +4.0% ▲

5Y CAGR: -10.3%

Gross Profit

$872M +7.7% ▲

5Y CAGR: -17.4%

Operating Income

-$195M -2.6% ▼

Net Income

-$110M -128.4% ▼

EPS (Diluted)

$-0.48 -128.6% ▼

EBITDA

-$195M -119.9% ▼

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$11.4B	$9.3B	$7.0B	$6.1B	$6.3B
YoY Growth	+4.0%	-18.8%	-24.1%	-13.1%	+4.0%
Cost of Revenue	$9.8B	$8.6B	$6.2B	$5.3B	$5.5B
Gross Profit	$1.6B	$654M	$815M	$809M	$872M
Gross Margin	14.1%	7.1%	11.7%	13.3%	13.8%
R&D Expenses	$819M	$684M	$579M	$513M	$483M
SG&A Expenses	$1.1B	$872M	$761M	$529M	$560M
Operating Expenses	$1.6B	$1.4B	$1.3B	$999M	$1.1B
Operating Income	-$30M	-$736M	-$444M	-$190M	-$195M
Operating Margin	-0.3%	-7.9%	-6.3%	-3.1%	-3.1%
Interest Expense	$0	$0	$0	$0	$0
Income Before Tax	$639M	-$523M	-$191M	-$34M	-$97M
Tax Expense	$55M	$24M	$13M	$14M	$12M
Net Income	$583M	-$548M	-$205M	-$48M	-$110M
Net Margin	5.1%	-5.9%	-2.9%	-0.8%	-1.7%
EPS (Diluted)	$2.41	$-2.27	$-0.84	$-0.21	$-0.48
EBITDA	$95M	-$593M	-$303M	-$88M	-$195M
Shares Outstanding	242M	241M	243M	232M	229M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$1.5B	$1.5B	$1.5B	$1.6B	$1.7B	$1.7B	$1.7B	$1.7B
Cost of Revenue	$1.3B	$1.3B	$1.3B	$1.4B	$1.5B	$1.5B	$1.5B	$1.5B
Gross Profit	$204M	$170M	$188M	$212M	$227M	$245M	$253M	$255M
Gross Margin	13.2%	11.4%	12.5%	13.5%	13.4%	14.1%	14.6%	14.7%
R&D Expenses	$126M	$123M	$130M	$122M	$122M	$123M	$132M	$120M
SG&A Expenses	$123M	$144M	$122M	$121M	$128M	$204M	$153M	$149M
Operating Expenses	$236M	$263M	$248M	$236M	$241M	$310M	$282M	$262M
Operating Income	-$32M	-$93M	-$60M	-$24M	-$14M	-$65M	-$29M	-$7M
Operating Margin	-2.1%	-6.2%	-4.0%	-1.5%	-0.8%	-3.7%	-1.7%	-0.4%
Interest Expense	$0	$0	$0	$0	$0	$0	$0	$0
Income Before Tax	$27M	-$169M	$4M	$2M	$10M	-$116M	-$1M	$3M
Tax Expense	$3M	$3M	$3M	$7M	$508K	$2M	$3M	$2M
Net Income	$24M	-$172M	$927K	-$5M	$10M	-$118M	-$4M	$2M
Net Margin	1.5%	-11.5%	0.1%	-0.4%	0.6%	-6.8%	-0.2%	0.1%
EPS (Diluted)	$0.10	$-0.75	$0.00	$-0.02	$0.04	$-0.50	$-0.02	$0.01
EBITDA	-$7M	-$67M	-$41M	-$5M	$10M	-$116M	-$1M	-$2M
Shares Outstanding	233M	231M	232M	228M	231M	229M	230M	230M

HUYA NYSE