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 | 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| Date | Value |
|---|---|
| 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% |