DouYu (ADR)
Streams games and entertainment while expanding into voice-based social networking and game-related services.
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Profile
Streams game and entertainment content on PC and mobile, supported by virtual gifting, advertising, and other services. Its innovative business adds voice-based social networking and game-related services within a China-focused platform.
Runs a China-focused platform for game and entertainment livestreaming through mobile apps and PC portals. Video, graphic content, interactive features, and community discussions sit alongside broadcasts in an integrated ecosystem.
Revenue comes from live-streaming, innovative business, and advertising and other services. Innovative business includes voice-based social networking and game-related services, while virtual-gifting live streaming remains central.
Operations are concentrated in China through subsidiaries and variable-interest-entity arrangements beneath a Cayman holding company. The listed ADS structure sits above the China operating group. Management reviews the business as one operating and reportable segment.
Company facts
Categories
Key statistics
Year to date −38.2% · Average volume (30d) 24.2K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating |
|---|---|---|---|---|
| Mar 18, 2025 | Citigroup | Upgrade | Sell | Neutral |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 20, 2026Q2 FY26 | −$0.16 | −$0.35 | −113.1% | $139.3M | $144.4M | +3.6% | −5.31% |
| May 28, 2026Q1 FY26 | $0.09 | $0.15 | +61.6% | $127.1M | $119.1M | −6.3% | +2.34% |
| Mar 25, 2026Q4 FY25 | −$0.07 | $0.06 | +187.4% | $124.8M | $131.3M | +5.3% | −0.21% |
| Nov 20, 2025Q3 FY25 | −$0.07 | $0.11 | +262.9% | $122.8M | $126.3M | +2.9% | +1.96% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $140.9M | $156.8M | $133.8M | $136.7M | $122.3M | $145.6M | |
| Gross profit | $16.9M | $21.1M | $17.3M | $17.6M | $19.2M | $23.6M | |
| Operating income | −$3.9M | $2.1M | $1.8M | $1.6M | $3.3M | −$3.7M | |
| Net income | −$11.8M | $5.6M | $1.7M | $204.2K | $4.1M | −$10.7M | |
| Diluted EPS | −$0.39 | $0.19 | $0.06 | $0.01 | $0.14 | −$0.35 | |
| Gross margin | 12.0% | 13.5% | 12.9% | 12.8% | 15.7% | 16.2% | |
| Operating margin | -2.8% | 1.4% | 1.3% | 1.2% | 2.7% | -2.6% |
Fiscal years (4-quarter sums)FY21 $1.36B · FY22 $1.06B · FY23 $822.9M · FY24 $635.5M · FY25 $568.2M
Revenue by product · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $342.9M · Total debt $2.4M · Total assets $463.8M · Shareholders' equity $281.6M
Dividends
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Feb 21, 2025 | Feb 10 | $9.94 | special dividend | |
| Sep 3, 2024 | Aug 21 | $9.71 | special dividend |
Ownership
Shares outstanding 30.18M · Float —
Float — provider float is below the insider stake.
The provider's float is smaller than the insider stake it should exclude, so it is not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Shaojie Chen · director, officer: Chief Executive Officer | 5.44M | 18.03% | Form 4 | Mar 18, 2026 |
| FMR LLC | 1.80M | 5.97% | 13F | May 15, 2026 |
| Bright Valley Capital Ltd | 1.33M | 4.42% | 13F | May 13, 2026 |
| Point72 Asset Management, L.P. | 841.8K | 2.79% | 13F | May 15, 2026 |
| Acadian Asset Management LLC | 678.5K | 2.25% | 13F | May 13, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Huya (ADR)
Game livestreaming and esports rival in China
- Bilibili (ADR)
Gaming live broadcasts and video community compete for gamers
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| DouYu (ADR) | $4.28 | +0.47% | $129.2M | — | — | 0.2 | −1.8% |
| Huya (ADR) | $2.18 | +0.46% | $499.0M | — | — | 0.5 | +17.1% |
| Bilibili (ADR) | $16.60 | +0.06% | $6.96B | 33.1 | 19.5 | 1.5 | +14.1% |
| Median | 33.1 | 19.5 | 1.0 | +15.6% |




