DouYu International Holdings (DOYU) Gross Margin (2018 - 2025)

DouYu International Holdings' (DOYU) quarterly Gross Margin came in at 12.84% in Q4 2025, up 670.0% YoY from 1.67% in Q4 2024, and down 0.54% on a QoQ basis from 12.91% in Q3 2025.

DouYu International Holdings (DOYU) Gross Margin (2018 - 2025) Analysis & Trends

DouYu International Holdings (DOYU) has 8 years of Gross Margin data on file, last reported at 12.84% in Q4 2025.

  • Quarterly Gross Margin rose 670.0% year-over-year to 12.84% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 12.82% (up 525.0% YoY) and the FY2025 annual result came in at 12.82%, up 524.0% from the prior year.
  • Gross Margin slipped to 12.84% in Q4 2025, from 12.91% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 16.86% in Q2 2022 to a low of 5.72% in Q3 2024.
  • A 5-year average of 11.71% and a median of 12.04% in 2021 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2021 — Gross Margin tumbled 924 bps — and 2025, when it jumped 719 bps.
  • Tracing DOYU's Gross Margin over 5 years: stood at 10.51% in 2021, then advanced by 5 bps to 11.07% in 2022, then retreated by 12 bps to 9.74% in 2023, then plunged by 37 bps to 6.14% in 2024, then surged by 109 bps to 12.84% in 2025.
  • The last three Gross Margin figures came in at 12.84% (Q4 2025), 12.91% (Q3 2025), and 13.47% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Alphabet 4,165.61 Bn 3,736.57 Bn 73.85 Bn 61.65%
2 Meta Platforms 1,523.46 Bn 1,433.20 Bn 49.47 Bn 81.37%
3 Taboola.com 1,141.85 Bn 1,141.71 Bn 139.48 Mn 29.25%
4 Baidu 288.34 Bn 283.85 Bn 1.88 Mn 0.04%
5 Spotify Technology 103.44 Bn 93.20 Bn 1.75 Bn 32.98%
6 Joyy 77.39 Bn 76.50 Bn 205.64 Mn 35.34%
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 75.52%
8 Nebius 50.20 Bn 40.57 Bn 295.20 Mn 73.98%
9 Reddit 30.00 Bn 27.22 Bn 734.60 Mn 91.27%
10 DouYu International Holdings 139.28 Mn -179.60 Mn 16.87 Mn 12.84%

Historic Data

Download Data
DateValue
Dec 31, 2025 12.84%
Sep 30, 2025 12.91%
Jun 30, 2025 13.47%
Mar 31, 2025 11.99%
Dec 31, 2024 6.14%
Sep 30, 2024 5.72%
Jun 30, 2024 8.16%
Mar 31, 2024 10.49%
Dec 31, 2023 9.74%
Sep 30, 2023 14.16%
Jun 30, 2023 13.57%
Mar 31, 2023 11.90%
Dec 31, 2022 11.07%
Sep 30, 2022 13.97%
Jun 30, 2022 16.86%
Mar 31, 2022 13.58%
Dec 31, 2021 10.51%
Sep 30, 2021 11.86%
Jun 30, 2021 13.12%
Mar 31, 2021 12.09%