DouYu International Holdings Reports Q4 and FY2025 Financial Results: Revenue Down 19%, Net Income Turns Positive

DouYu International Holdings reported Q4 2025 total net revenues of RMB918.8 million ($131.4 million), up from RMB1,136.0 million in Q4 2024. Gross profit increased to RMB118.0 million ($16.9 million) from RMB69.8 million in Q4 2024. Net income was RMB1.4 million ($0.2 million), compared to a net loss of RMB173.1 million in Q4 2024. Full-year 2025 total net revenues were RMB3,818.9 million ($546.1 million), down from RMB4,270.8 million in 2024, but gross profit increased to RMB489.5 million ($70.0 million) from RMB323.8 million in 2024.