Hello Group Inc. (MOMO) Earnings Call Transcripts

Hello Group Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Hello Group Inc. reported total revenue of RMB 2.39 billion, a 5% decline year-over-year, primarily driven by a 15% drop in domestic revenue. The company experienced a notable increase in overseas revenue, which rose by 44% year-over-year, now accounting for 25% of total revenue. Management has adjusted guidance for the full year, now expecting a mid-teens decline in domestic revenue due to ongoing regulatory pressures, while overseas revenue is projected to grow significantly, potentially reaching RMB 3 billion.

Reported metrics

Guidance from management

Management expects Q2 revenue to range from RMB 2.45 billion to RMB 2.55 billion, reflecting a year-over-year decline of 2.7% to 6.5%. The full-year outlook for domestic revenue has been adjusted to a mid-teens percentage decline.

What management said

Let me start with [indiscernible] in Q1. So the sequential revenue decline came down to 3 main things. Number one is the Turkish government tightened regulation on social and streaming apps which temporarily resulted in a blanket removal of all related products across the industry. That created a headwind for us in terms of user acquisition in Turkey. And number 2 is a consumer sentiment in the MENA region doing Rama...

We are confident that [indiscernible] compliance with all applicable Turkish laws and regulations governing social platforms. Our team is actively working with the relevant authorities to bring the app back to the app store as soon as possible. In the meantime, we are accelerating localization efforts in other markets to offset the temporary impact from Turkey. So thus business has already begun to see a steady recov...

What analysts pressed on

Analysts expressed concerns regarding the ongoing regulatory pressures impacting domestic revenue and the potential for continued declines in user engagement. There were also questions about the effectiveness of new agency incentive policies and the timeline for recovery in the domestic market.

Main topics on the call

• Domestic Revenue Decline — Domestic revenue fell by 15% year-over-year, attributed to 'heightened tax scrutiny on the agencies' and 'softened consumer sentiment.' Management expects this decline to continue in Q2, with a full-year outlook now adju...
• Overseas Revenue Growth — Overseas revenue surged by 44% year-over-year, contributing RMB 597 million. This growth is attributed to 'the rapid expansion of our diversified product portfolio,' which now accounts for 25% of total revenue, up from 1...
• AI Product Innovations — Management highlighted advancements in AI, stating, 'AI is particularly meaningful for a company like ours where social products are the core.' New features like AI-assisted chat and voice-driven introductions are being ...
• Cost Management and Profitability — Non-GAAP operating income was RMB 349 million, with a margin of 14.6%, reflecting ongoing cost control measures. Management indicated that they are looking at 'additional opportunities to optimize spending' to maintain p...

Read the full Hello Group Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 27 Hello Group Inc. earnings call transcripts on record, spanning March 19, 2020 to September 3, 2026. Based on this history, Hello Group Inc. reports quarterly. The most recent call on file is dated September 3, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MOMO

Exchange

NasdaqGS

Country

US

Sector

Communication Services

Industry

Interactive Media and Services

Calls on record

27

First call

March 19, 2020

Most recent

September 3, 2026

Reporting cadence

quarterly