Hello Group projected third-quarter revenue of RMB 2.4 billion to RMB 2.5 billion, with its Mainland China business expected to decline by high teens percentage-wise while overseas revenue grows by high 30s percentage-wise. In its second-quarter earnings call, the company reported total revenue of RMB 2.49 billion, with overseas revenue of RMB 673 million accounting for 27% of the total, and non-GAAP net income attributable to shareholders of RMB 273.9 million. Management attributed domestic pressure to consumption downgrading among high-spending live-streaming users and tax tightening, while noting Tantan's paying users fell to 0.5 million due to Alipay's auto-renewal rule changes. The company also revised its 2026 overseas revenue target downward by RMB 100 million to RMB 200 million from the original RMB 3 billion, and reiterated that a low-teens adjusted operating margin for the year remains achievable despite film-related losses.
Hello Group IncQ3 revenue guidance of RMB 2.4-2.5B with Mainland China business declining high teens on consumption downgrading among high-spending live-streaming users and Tantan paying users falling to 0.5M.
