DouYu International Holdings Limited reported unaudited Q4 and full year 2025 financial results, with Q4 total net revenues of RMB918.8 million, gross profit of RMB118.0 million, and net income of RMB1.4 million, compared to losses in Q4 2024. Full year total net revenues were RMB3,818.9 million, net loss RMB29.1 million, and adjusted net income (non-GAAP) RMB40.2 million.
Key takeaways
Q4 2025 total net revenues RMB918.8 million (US$131.4 million) vs RMB1,136.0 million in Q4 2024
Q4 2025 net income RMB1.4 million (US$0.2 million) vs net loss RMB173.1 million in Q4 2024
Q4 2025 adjusted net income (non-GAAP) RMB12.6 million (US$1.8 million) vs adjusted net loss RMB78.2 million
Full year 2025 total net revenues RMB3,818.9 million (US$546.1 million) vs RMB4,270.8 million in 2024
Full year 2025 net loss RMB29.1 million (US$4.2 million) vs RMB306.8 million in 2024
Cash and cash equivalents, restricted cash and bank deposits RMB2,283.7 million (US$326.6 million) as of December 31, 2025, down from RMB4,467.8 million due to US$300 million special cash dividend