Autohome Extends Share Buyback Program and Reports Q2 Earnings

Thursday, Aug 14, 2025 6:27 am ET1min read

Autohome has extended its share buyback program and reported Q2 2025 earnings, with revenue falling 6.1% and adjusted net income declining. The company's Q2 revenue was 1.76B Chinese Renminbi, below FactSet estimates of 1.75B Renminbi. Autohome's Q1 profit and revenue also slid, with Q1 non-GAAP earnings and revenue declining. The company's CEO changed in February 2025, and Haier Group acquired a near 42% stake in Autohome for $1.8 billion.

Autohome Inc. (ATHM), a leading online automotive services provider, has extended its share buyback program through December 31, 2025. The initial authorization for the program was set in September 2024, allowing the company to repurchase up to $200 million of its American depositary shares (ADSs) over the next twelve months [1]. As of August 8, 2025, Autohome had repurchased approximately 5.42 million ADSs for a total cost of around $144 million.

In addition to the share buyback extension, Autohome reported its Q2 2025 earnings on July 31, 2025. The company's Q2 revenue fell by 6.1%, totaling 1.76 billion Chinese Renminbi, which was slightly below FactSet estimates of 1.75 billion Renminbi. The adjusted net income also declined, but the exact figures were not provided in the reference materials. This marks the second consecutive quarter of declining revenue and earnings for Autohome [2].

The company's Q1 2025 earnings also showed a decline, with non-GAAP earnings and revenue both declining. The Q1 net revenue was 1.45 billion Chinese Renminbi, slightly below the FactSet estimate of 1.44 billion Renminbi. The Q1 adjusted EPS per American depositary share was $0.49, also slightly below expectations [2].

In February 2025, Autohome saw significant changes in its controlling shareholder and management. The controlling shareholder relinquished their stake, and a new CEO was appointed. Additionally, Haier Group acquired a near 42% stake in Autohome for $1.8 billion, marking a significant shift in the company's ownership structure [2].

References:
[1] https://seekingalpha.com/news/4485174-autohome-extends-share-repurchase-program
[2] https://www.marketscreener.com/news/autohome-extends-share-buyback-program-ce7c51d9d989f322

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