Hello Group reported second-quarter 2026 revenue of RMB2.49 billion, down 5% year over year but up 4% sequentially, as overseas growth partially offset domestic pressure. Non-GAAP net income attributable to shareholders was RMB273.9 million, versus a RMB96 million loss a year earlier. Domestic revenue fell 17% year over year to RMB1.81 billion, hit by tax scrutiny and cautious spending among top livestreaming users, while overseas revenue jumped 52% to RMB673 million, now 27% of total revenue. The company guided third-quarter revenue of RMB2.4 billion to RMB2.5 billion, a decline of 9.4% to 5.7% year over year, and now expects full-year group revenue to fall by a mid-single-digit percentage. Management reiterated its low-teens adjusted operating-margin target for 2026, citing cost controls and efficiency initiatives.
Hello Group IncQ2 revenue fell 5% YoY with domestic revenue down 17% and Q3/full-year guidance pointing to further declines.
