DouYu International Holdings Limited (DOYU) Income Statement
DOYU 2025 at a glance
Fiscal year ended December 31, 2025 · Chinese yuanDOYU revenue and net income
Where DOYU's revenue goes
2025Each bar shows an amount and its share of revenue. DOYU kept −0.8% of revenue as net income.
DOYU profit margins
DOYU growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −10.6% | −18.7% | −16.8% | — |
| Gross profit | +51.2% | −20.9% | −20.7% | — |
| Operating income | — | — | −47.1% | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DOYU income statement in Chinese yuan
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.82B | CN¥4.27B | CN¥5.53B | CN¥7.11B | CN¥9.17B | CN¥9.60B | CN¥7.28B | CN¥3.65B | CN¥1.89B | CN¥786.8M |
| Cost of revenue | CN¥3.33B | CN¥3.95B | CN¥4.85B | CN¥6.12B | CN¥8.08B | CN¥8.04B | CN¥6.09B | CN¥3.50B | CN¥1.89B | CN¥1.16B |
| Gross profit | CN¥489.5M | CN¥323.8M | CN¥684.0M | CN¥990.1M | CN¥1.09B | CN¥1.56B | CN¥1.20B | CN¥151.0M | −CN¥4.7M | −CN¥368.2M |
| Research & development | CN¥121.1M | CN¥181.7M | CN¥276.9M | CN¥383.1M | CN¥490.0M | CN¥416.3M | CN¥383.9M | CN¥329.3M | CN¥212.1M | CN¥93.5M |
| Sales, general & admin | CN¥137.7M | CN¥515.6M | CN¥237.8M | CN¥288.2M | CN¥376.0M | CN¥375.9M | CN¥446.1M | CN¥196.8M | CN¥410.9M | CN¥318.5M |
| Total operating expenses | CN¥478.7M | CN¥888.1M | CN¥848.1M | CN¥1.19B | CN¥1.74B | CN¥1.30B | CN¥1.33B | CN¥1.04B | CN¥613.7M | CN¥409.3M |
| Operating income | CN¥10.9M | −CN¥564.2M | −CN¥164.0M | −CN¥198.9M | −CN¥648.7M | CN¥262.1M | −CN¥131.7M | −CN¥859.1M | −CN¥618.4M | −CN¥776.4M |
| Interest income | CN¥64.3M | CN¥263.1M | CN¥257.7M | CN¥129.9M | CN¥77.4M | CN¥145.2M | CN¥159.1M | CN¥85.8M | CN¥6.9M | CN¥3.9M |
| Interest expense | — | — | — | CN¥129.9M | CN¥132.3M | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥8.9M |
| Income before taxes | −CN¥673,355 | −CN¥282.0M | CN¥36.6M | −CN¥149.3M | −CN¥605.1M | CN¥403.4M | CN¥36.6M | −CN¥869.1M | −CN¥611.8M | −CN¥780.6M |
| Income taxes | CN¥28.4M | CN¥15.4M | CN¥1.1M | CN¥3.5M | −CN¥266.3M | −CN¥1.3M | −CN¥284.4M | CN¥9.9M | −CN¥5.7M | CN¥11.2M |
| Net income | −CN¥29.1M | −CN¥297.4M | CN¥35.5M | −CN¥152.8M | −CN¥338.8M | CN¥485.5M | CN¥33.3M | −CN¥876.3M | −CN¥612.9M | −CN¥782.9M |
| EBITDA | CN¥42.4M | −CN¥501.6M | −CN¥53.2M | −CN¥111.4M | −CN¥559.9M | CN¥373.0M | −CN¥41.5M | −CN¥813.6M | −CN¥592.3M | −CN¥766.6M |
| Gross margin | 12.8% | 7.6% | 12.4% | 13.9% | 11.9% | 16.3% | 16.4% | 4.1% | −0.2% | −46.8% |
| Operating margin | 0.3% | −13.2% | −3.0% | −2.8% | −7.1% | 2.7% | −1.8% | −23.5% | −32.8% | −98.7% |
| Net margin | −0.8% | −7.0% | 0.6% | −2.1% | −3.7% | 5.1% | 0.5% | −24.0% | −32.5% | −99.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥978.3M | CN¥821.8M | CN¥918.8M | CN¥899.1M | CN¥1.05B | CN¥947.1M | CN¥1.14B | CN¥1.06B | CN¥1.03B | CN¥1.04B | CN¥1.30B | CN¥1.36B |
| Cost of revenue | CN¥819.7M | CN¥692.4M | CN¥800.8M | CN¥783.0M | CN¥912.0M | CN¥833.5M | CN¥1.07B | CN¥1.00B | CN¥947.8M | CN¥930.7M | CN¥1.17B | CN¥1.17B |
| Gross profit | CN¥158.6M | CN¥129.4M | CN¥118.0M | CN¥116.1M | CN¥141.9M | CN¥113.5M | CN¥69.8M | CN¥60.8M | CN¥84.2M | CN¥109.0M | CN¥126.2M | CN¥192.4M |
| Research & development | CN¥27.0M | CN¥27.0M | CN¥33.8M | CN¥26.9M | CN¥27.6M | CN¥32.7M | CN¥34.1M | CN¥43.2M | CN¥50.1M | CN¥54.1M | CN¥59.1M | CN¥74.5M |
| Sales, general & admin | CN¥157.2M | CN¥36.8M | CN¥74.4M | CN¥35.3M | CN¥101.4M | CN¥108.7M | CN¥151.0M | CN¥41.5M | CN¥125.5M | CN¥118.4M | CN¥164.0M | CN¥51.0M |
| Total operating expenses | CN¥183.7M | CN¥107.2M | CN¥107.2M | CN¥104.2M | CN¥127.7M | CN¥139.7M | CN¥253.3M | CN¥155.0M | CN¥203.8M | CN¥275.9M | CN¥270.0M | CN¥201.2M |
| Operating income | −CN¥25.1M | CN¥22.2M | CN¥10.8M | CN¥11.9M | CN¥14.2M | −CN¥26.1M | −CN¥183.5M | −CN¥94.2M | −CN¥119.6M | −CN¥166.9M | −CN¥106.5M | −CN¥8.8M |
| Interest income | CN¥15.4M | CN¥15.1M | CN¥16.9M | CN¥18.1M | CN¥19.2M | CN¥10.1M | CN¥45.1M | CN¥60.8M | CN¥76.0M | CN¥81.1M | CN¥82.6M | CN¥80.7M |
| Income before taxes | −CN¥65.7M | CN¥33.3M | CN¥9.8M | CN¥18.0M | CN¥46.0M | −CN¥74.5M | −CN¥157.3M | CN¥9.8M | −CN¥46.7M | −CN¥85.7M | −CN¥61.2M | CN¥73.3M |
| Income taxes | CN¥6.4M | CN¥5.9M | CN¥8.5M | CN¥6.7M | CN¥8.2M | CN¥5.1M | CN¥6.5M | CN¥6.4M | CN¥2.5M | CN¥2.3M | CN¥1.1M | −CN¥3.0M |
| Net income | −CN¥72.1M | CN¥27.4M | CN¥1.4M | CN¥11.3M | CN¥37.8M | −CN¥79.6M | −CN¥163.7M | CN¥3.4M | −CN¥49.2M | −CN¥88.0M | −CN¥62.2M | CN¥76.4M |
| EBITDA | −CN¥25.1M | CN¥22.2M | CN¥10.8M | CN¥27.6M | CN¥29.9M | −CN¥26.1M | −CN¥159.3M | −CN¥70.0M | −CN¥95.4M | −CN¥166.9M | −CN¥84.6M | −CN¥8.8M |
| Gross margin | 16.2% | 15.7% | 12.8% | 12.9% | 13.5% | 12.0% | 6.1% | 5.7% | 8.2% | 10.5% | 9.7% | 14.2% |
| Operating margin | −2.6% | 2.7% | 1.2% | 1.3% | 1.4% | −2.8% | −16.2% | −8.9% | −11.6% | −16.1% | −8.2% | −0.6% |
| Net margin | −7.4% | 3.3% | 0.1% | 1.3% | 3.6% | −8.4% | −14.4% | 0.3% | −4.8% | −8.5% | −4.8% | 5.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported in DOYU's financial statements (latest annual report filed April 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DOYU financial results
In fiscal year 2025 (ended December 31, 2025), DouYu International reported revenue of CN¥3.8 billion, down 10.6% from the year before. It had a net loss of CN¥29.1 million, a net profit margin of −0.8%. Over five years revenue grew at an average rate of −16.8% a year. Figures are in Chinese yuan, the currency of its financial statements.
See the DOYU stock overview for the latest quote and news, or the DOYU chart for price history and technical indicators.
DOYU income statement FAQ
What is DouYu International's annual revenue?
DouYu International reported total revenue of CN¥3.8 billion for fiscal year 2025, which ended on December 31, 2025. That was down 10.6% from CN¥4.3 billion the previous year.
Is DouYu International profitable?
No. DouYu International reported a net loss of CN¥29.1 million in fiscal 2025, a net profit margin of −0.8%; its operating margin was 0.3%.
What is DouYu International's gross margin?
DouYu International's gross margin was 12.8% in fiscal 2025: for every $100 of revenue, DouYu International kept $13 after the direct cost of its products and services.
How much does DouYu International spend on research and development?
DouYu International spent CN¥121.1 million on research and development in fiscal 2025, 3.2% of revenue.
How fast is DouYu International growing?
Revenue grew −16.8% a year on average over the last five fiscal years, from CN¥9.6 billion to CN¥3.8 billion.
When will DouYu International report its next earnings?
DouYu International is expected to report results for the quarter ending September 30, 2026 on November 19, 2026 before the market opens.
When does DouYu International's fiscal year end?
DouYu International's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 17, 2026.