Hello Group Announces Q2 2026 Financial Results

September 3, 2026

Hello Group Inc. (NASDAQ: MOMO), a global social technology company, announced its unaudited financial results for the second quarter ended June 30, 2026.

The Group reported total net revenues of RMB2.49 billion (US$366.4 million), a 5.1% decrease year over year. Overseas revenues grew 52.0% year over year to RMB672.7 million (US$99.1 million), supported by growth across the Group's international social entertainment and dating portfolio.

Second Quarter 2026 Highlights

• Total net revenues: RMB2.49 billion (US$366.4 million), down 5.1% year over year.

• Overseas revenues: RMB672.7 million (US$99.1 million), up 52.0% year over year.

• Net income attributable to shareholders: RMB237.4 million (US$35.0 million), compared with a net loss of RMB140.2 million in Q2 2025.

• Non-GAAP net income attributable to shareholders: RMB273.9 million (US$40.4 million).

• Diluted net income per ADS: RMB1.52 (US$0.22).

International Business Growth

Hello Group's overseas business continued to expand during the quarter, with revenue growth driven by new audio- and video-based social entertainment products in the Middle East and North Africa, alongside additional contributions from dating brands in other international markets.

The Group also continued to develop its domestic portfolio, with Momo recording 3.9 million paying users during the quarter, compared with 3.5 million in the same period last year.

Management Commentary

Yan Tang, Chairman and Chief Executive Officer of Hello Group, commented:

"The Group maintained steady business momentum in the second quarter of 2026."

He highlighted Momo's performance amid external headwinds, Tantan's continued investment in AI capabilities, and a more diversified overseas portfolio with growing synergies across brands.

First Half 2026 Performance

For the first six months of 2026, Hello Group reported net revenues of RMB4.87 billion (US$718.0 million), a 5.2% year-over-year decrease.

Overseas revenues increased 48.2% year over year to RMB1.27 billion (US$187.2 million), while net income attributable to shareholders reached RMB528.5 million (US$77.9 million).

Business Outlook

For the third quarter of 2026, Hello Group projected total net revenues of RMB2.4 billion to RMB2.5 billion, based on its preliminary assessment of market and operating conditions at the time of the announcement.

The company also announced the appointment of Jianhua Wen as Chief Operating Officer, effective September 3, 2026.

Read the full financial results announcement, including detailed financial statements, non-GAAP reconciliations and forward-looking statements, on Hello Group's Investor Relations website.