Hello (MOMO) Gross Margin (2013 - 2025)
Hello's (MOMO) quarterly Gross Margin came in at 86.48% in Q4 2025, down 151.0% year-on-year from 169.56% in Q4 2024, and little changed quarter-over-quarter from 86.56% in Q3 2025.
Hello (MOMO) Gross Margin (2013 - 2025) Analysis & Trends
Hello has disclosed Gross Margin across 13 years of filings, most recently posting 86.48% for Q4 2025.
- Gross Margin for Q4 2025 came in at 86.48%, down 151.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 86.43% (down 97.0% YoY), and the FY2025 annual result was 86.8%, up 4784.0% from the prior year.
- Gross Margin came in at 86.48% for Q4 2025 at Hello, roughly flat from 86.56% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 91.77% in Q2 2023 to a low of 80.36% in Q2 2022.
- The 5-year median for Gross Margin is 86.5% (2023), against an average of 85.8%.
- Across the five-year window, Gross Margin jumped 1141 bps in 2023 and tumbled 532 bps in 2024, its largest moves.
- Hello's Gross Margin stood at 82.05% in 2021, then grew by 6 bps to 87.33% in 2022, then gained by 3 bps to 89.85% in 2023, then decreased by 2 bps to 87.99% in 2024, then decreased by 2 bps to 86.48% in 2025.
- The last three Gross Margin figures came in at 86.48% (Q4 2025), 86.56% (Q3 2025), and 85.91% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | 73.98% |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | 93.08% |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | 81.85% |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | 32.98% |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 77.17% | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | 76.32% | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | 85.23% |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | 75.62% |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | 84.37% |
| 10 | Hello | 253.51 Mn | -485.06 Mn | 318.52 Mn | 86.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 86.48% |
| Sep 30, 2025 | 86.56% |
| Jun 30, 2025 | 85.91% |
| Mar 31, 2025 | 86.79% |
| Dec 31, 2024 | 87.99% |
| Sep 30, 2024 | 86.73% |
| Jun 30, 2024 | 86.45% |
| Mar 31, 2024 | 88.54% |
| Dec 31, 2023 | 89.85% |
| Sep 30, 2023 | 88.47% |
| Jun 30, 2023 | 91.77% |
| Mar 31, 2023 | 86.53% |
| Dec 31, 2022 | 87.33% |
| Sep 30, 2022 | 85.55% |
| Jun 30, 2022 | 80.36% |
| Mar 31, 2022 | 81.30% |
| Dec 31, 2021 | 82.05% |
| Sep 30, 2021 | 81.89% |
| Jun 30, 2021 | 82.22% |
| Mar 31, 2021 | 83.21% |