DouYu International
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DouYu International (DOYU) investor relations material

DouYu International Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary28 May, 2026

Executive summary

  • Achieved profitability in Q1 2026, with net income of RMB27.4 million versus a net loss of RMB79.6 million year-over-year.

  • Continued focus on cost optimization and operating efficiency, supporting improved margins and profitability.

  • Strategic emphasis on enhancing content ecosystem, user engagement, and brand awareness through investments in content and offline events.

Financial highlights

  • Total net revenues decreased 13.2% year-over-year to RMB821.8 million.

  • Gross profit rose 14.0% to RMB129.4 million, with gross margin improving to 15.7% from 12.0%.

  • Income from operations was RMB22.2 million, reversing a loss of RMB26.1 million a year ago.

  • Adjusted net income (non-GAAP) was RMB30.8 million, compared to an adjusted net loss of RMB20.9 million year-over-year.

  • Basic and diluted net income per ADS were both RMB0.91 (US$0.13); adjusted per ADS were RMB1.02 (US$0.15).

Outlook and guidance

  • Plans to bolster content supply, invest in offline events, and further develop IP portfolio to drive user engagement and long-term value.

  • Continued focus on cost discipline and innovation in content and monetization expected in coming quarters.

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Q2 202614 Aug, 2026
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