8 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 11.1% per year over the past 5 years.
Operating margin has contracted, at -2.5% in the latest year.
Financial health
The company is unprofitable; at its current free-cash-flow burn it has roughly 2.0 years of cash runway.
Shareholder returns
Dividends have been paid for 2 consecutive years.
The dividend has declined 12.0% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$930M
-$16M
13.4%
-2.5%
-$49M
—
$99M
2024
$833M
-$7M
13.3%
-3.1%
-$13M
—
$163M
2023
$985M
-$29M
11.7%
-6.3%
-$22M
—
$72M
2022
$1.3B
-$71M
6.6%
-7.7%
-$86M
—
$95M
2021
$1.8B
$92M
14.1%
-0.3%
$45M
—
$281M
2020
$1.7B
$136M
20.8%
6.6%
$182M
—
$505M
2019
$1.2B
$67M
17.7%
3.1%
$271M
—
$160M
2018
$678M
-$282M
15.6%
0.6%
$93M
—
$103M
Valuation over time
How the market has priced HUYA against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 0.6× (Mar '23) to 0.5× (Jun '26).
The dividend yield has risen from 56.0% (Dec '24) to 68.4% (Jun '26).
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is HUYA growing its revenue and profit?
Over the past 5 years, HUYA Inc.'s revenue has declined 11.1% per year. These are computed facts, not advice.
How much debt does HUYA have?
As of FY2025, HUYA Inc. reported — of total debt against $99M of cash.
What is HUYA's profit margin?
In FY2025, gross margin was 13.4%, operating margin -2.5%, and net margin -1.7%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.