Huya (HUYA) Cost of Revenue (2017 - 2026)
Huya's (HUYA) quarterly Cost of Revenue came in at $213.9 million in Q1 2026, up 17.56% year-on-year from $181.9 million in Q1 2025, and little changed quarter-over-quarter from $213.6 million in Q4 2025.
Huya (HUYA) Cost of Revenue (2017 - 2026) Analysis & Trends
Huya's Cost of Revenue history runs 10 years deep, the most recent figure standing at $213.9 million for Q1 2026.
- On a quarterly basis, Cost of Revenue rose 17.56% year-over-year to $213.9 million in Q1 2026; TTM through Mar 2026 was $821.9 million, a 11.65% increase from a year earlier, with the FY2025 full-year figure at $805.1 million, up 11.52% from the prior year.
- Cost of Revenue held at $213.9 million in Q1 2026 per HUYA's latest filing, from $213.6 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $346.0 million in Q4 2022 and bottomed at $177.8 million in Q1 2024.
- The 5-year median for Cost of Revenue is $213.3 million (2023), against an average of $228.2 million.
- Across the five-year window, Cost of Revenue slumped 38.34% in 2023 and grew 17.64% in 2025, its largest moves.
- Year by year, Cost of Revenue stood at $346.0 million in 2022, then slumped by 38.34% to $213.3 million in 2023, then declined by 14.88% to $181.6 million in 2024, then advanced by 17.64% to $213.6 million in 2025, then climbed by 0.12% to $213.9 million in 2026.
- Per Business Quant, the three latest HUYA Cost of Revenue figures stand at $213.9 million (Q1 2026), $213.6 million (Q4 2025), and $205.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 295.51 Bn | 286.39 Bn | 6.52 Bn | 6.04 Bn |
| 2 | Walt Disney | 170.79 Bn | 165.11 Bn | 10.75 Bn | 14.42 Bn |
| 3 | Warner Bros. Discovery | 63.06 Bn | 59.80 Bn | 4.25 Bn | 4.64 Bn |
| 4 | Live Nation Entertainment | 41.67 Bn | 32.60 Bn | 1.31 Bn | 2.48 Bn |
| 5 | Liberty Media | 30.19 Bn | 28.86 Bn | 298.00 Mn | 413.00 Mn |
| 6 | Fox | 21.54 Bn | 17.94 Bn | - | - |
| 7 | TKO Group Holdings | 21.23 Bn | 19.51 Bn | 862.52 Mn | 734.36 Mn |
| 8 | Roku | 21.08 Bn | 18.70 Bn | 564.94 Mn | 683.94 Mn |
| 9 | News | 17.12 Bn | 14.95 Bn | - | - |
| 10 | Huya | 558.26 Mn | 558.26 Mn | 36.70 Mn | 213.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 213.86 Mn |
| Mar 31, 2026 | 213.86 Mn |
| Dec 31, 2025 | 213.61 Mn |
| Dec 31, 2025 | 213.61 Mn |
| Sep 30, 2025 | 205.31 Mn |
| Sep 30, 2025 | 205.31 Mn |
| Jun 30, 2025 | 189.12 Mn |
| Jun 30, 2025 | 189.12 Mn |
| Mar 31, 2025 | 181.92 Mn |
| Mar 31, 2025 | 181.92 Mn |
| Dec 31, 2024 | 181.57 Mn |
| Dec 31, 2024 | 181.57 Mn |
| Sep 30, 2024 | 190.11 Mn |
| Sep 30, 2024 | 190.11 Mn |
| Jun 30, 2024 | 182.56 Mn |
| Jun 30, 2024 | 182.56 Mn |
| Mar 31, 2024 | 177.76 Mn |
| Mar 31, 2024 | 177.76 Mn |
| Dec 31, 2023 | 213.33 Mn |
| Dec 31, 2023 | 213.33 Mn |