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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Autohome
Autohome (ATHM) investor relations material
Autohome Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary4 Nov, 2026
Executive summary
Q3 revenue was RMB1,315.0 million; net income attributable to ordinary shareholders was RMB195.0 million and adjusted net income was RMB252.7 million.
September mobile DAUs rose 3.4% YoY to 79.14 million, according to QuestMobile.
Strategic priorities span content, AI-enabled services, vehicle transactions, used cars, and support across the vehicle ownership lifecycle.
Financial highlights
Revenue was RMB1,315.0 million vs. RMB1,778.1 million a year earlier; media revenue was RMB241.4 million, leads generation RMB526.2 million, and online marketplace and other revenue RMB547.3 million.
Cost of revenue fell to CNY431 million from CNY646 million YoY; gross margin rose to 67.2% from 63.7%.
Operating profit was RMB95.7 million vs. RMB147.0 million in Q3 2025.
Net income attributable to ordinary shareholders was RMB195.0 million vs. RMB419.4 million; adjusted net income was RMB252.7 million vs. RMB406.9 million.
Sales and marketing expense was CNY575 million vs. CNY620 million; product and development was CNY195 million vs. CNY279 million; G&A was CNY91 million vs. CNY125 million.
Outlook and guidance
Management expects domestic auto demand to remain pressured short term, with possible recovery and stabilization next year; CPCA forecasts 0%–5% passenger vehicle retail growth, midpoint ~2%.
Investment priorities include content, AI agents, end-to-end vehicle purchase and sale services, and cross-border services, alongside a streamlined cost structure.
The domestic used-car service model is being refined for nationwide replication; cross-border operations will focus on supply and efficiency.
New retail is refining its model and expanding its network; management said the business has begun contributing to revenue and complements the core business.
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Latest events from Autohome
- FY2013 revenue grew 66.1%, with RMB456.2m net income and RMB593.9m operating cash flow.ATHM
Q4 2013 - Revenue and margins improved, but profit fell as AI, retail, and exports expanded.ATHMQ2 2026
- Revenue reached RMB 1.05 billion as profit and segment sales fell, but user growth and global expansion continued.ATHMQ1 2026
- AI-driven transformation and NEV growth offset revenue declines; $200M buyback announced.ATHMQ4 2025
- Revenue and user growth offset by margin pressure; AI and global expansion drive outlook.ATHMQ2 2025
- NEV revenues surged 54% YoY, but margins and profits declined amid ongoing price wars.ATHMQ3 2024
- Revenue up 2.2% to RMB 1.87B, NEV and digital growth, and higher dividend payout policy.ATHMQ2 2024
- Q1 revenue was RMB 1.45B; NEV and user growth strong, new retail and AI initiatives expanded.ATHMQ1 2025
- 2024 revenues were RMB 7.04B, NEV up 55.2%, with new retail growth and a CEO transition.ATHMQ4 2024
Next Autohome earnings date
Q4 202622 Feb, 2027
Autohome
Next Autohome earnings date
Q4 202622 Feb, 2027
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Frequently asked questions
Autohome Inc. operates as an online destination for automobile consumers in the People's Republic of China. It offers consumers with a virtual showroom of automobile products, including new cars, used cars, and aftermarket products; Trucks section for truck drivers consisting of news and information, price lists for new and second-hand trucks, introductions to truck models, photos, videos and blogs on trucks, a platform for used truck trading transactions through dealerships and classified listings, truck specifications database, online stores offering driver accessories and aftermarket products.