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HU

HUYA Inc.

HUYACommunication ServicesNASDAQ

Entertainment · Last scanned Jun 1, 2026

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Financials · Annual
Revenue
$6.50B
+7.0% YoY
Net Income
-$112.6M
-134.8% YoY
EBITDA
-$54.5M
+28.0% YoY
Free Cash Flow
-$572.0M

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About HUYA Inc.

HUYA Inc., together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. With a market capitalization of $574.5M, it sits in small-cap territory. Its platforms enable broadcasters and viewers to interact during live streaming.

Key stats
Market Cap$574.5M
Fwd P/E13.03
EPS$-0.08
Beta0.77
52W Change-34.7%
ROE-1.8%
Analysis

HUYA Inc. holds $3.82B in cash against $20.7M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. The company is burning cash, with free cash flow at -$572.0M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -1.8% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has pulled back from $9.26B (2022) to $6.50B (2025), a 30% decline worth watching.

With cash comfortably exceeding debt, HUYA has financial flexibility that may help navigate uncertain periods. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing HUYA.

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