Hello (MOMO) Gross Margin (2013 - 2025)

Hello (MOMO) posted Gross Margin of 37.44% for Q4 2025, up 0.57% sequentially from 37.22% in Q3 2025, and up 286.0% YoY from 9.7% in Q4 2024.

Hello (MOMO) Gross Margin (2013 - 2025) Analysis & Trends

Hello has reported Gross Margin for 13 years, with the latest figure at 37.44% in Q4 2025.

Quarterly Gross Margin rose 286.0% year-over-year to 37.44% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 37.65% (down 146.0% YoY) and the FY2025 annual result came in at 36.8%, down 278.0% from the prior year.
Gross Margin advanced to 37.44% in Q4 2025 per MOMO's latest filing, from 37.22% in the prior quarter.
Over five years, Gross Margin peaked at 44.15% in Q1 2021 and troughed at 34.58% in Q4 2024.
A 5-year average of 40.6% and a median of 41.09% in 2023 frame the typical range for Gross Margin.
The sharpest annual moves came in 2024 and 2025: Gross Margin sank 647 bps in 2024, then soared 286 bps in 2025.
Over 5 years, Gross Margin stood at 40.35% in 2021, then gained by 0 bps to 40.36% in 2022, then climbed by 2 bps to 41.05% in 2023, then fell by 16 bps to 34.58% in 2024, then rose by 8 bps to 37.44% in 2025.
According to Business Quant data, Gross Margin over the past three periods registered 37.44%, 37.22%, and 38.27% for Q4 2025, Q3 2025, and Q2 2025 respectively.

#	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	Hello	1.94 Bn	747.09 Mn	137.89 Mn	37.44%

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