Hello (MOMO) Operating Margin (2013 - 2026)
Hello (MOMO) posted Operating Margin of 11.92% for Q4 2025, down 8.3% sequentially from 13.0% in Q3 2025, and up 294.0% YoY from 3.03% in Q4 2024.
Analysis
Hello (MOMO) Operating Margin (2013 - 2026) Analysis & Trends
Hello has reported Operating Margin for 13 years, with the latest figure at 11.92% in Q4 2025.
- Quarterly Operating Margin rose 294.0% year-over-year to 11.92% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 13.06% (down 147.0% YoY) and the FY2025 annual result came in at 13.07%, down 144.0% from the prior year.
- Operating Margin fell to 11.92% in Q4 2025 per MOMO's latest filing, from 13.0% in the prior quarter.
- Over five years, Operating Margin peaked at 20.56% in Q2 2023 and troughed at 109.32% in Q4 2021.
- A 5-year average of 8.67% and a median of 14.6% in 2021 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2021 and 2022: Operating Margin slumped 12496 bps in 2021, then soared 12206 bps in 2022.
- Over 5 years, Operating Margin stood at 109.32% in 2021, then jumped by 112 bps to 12.74% in 2022, then soared by 57 bps to 20.05% in 2023, then plunged by 55 bps to 8.98% in 2024, then jumped by 33 bps to 11.92% in 2025.
- According to Business Quant data, Operating Margin over the past three periods registered 11.92%, 13.0%, and 15.4% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 30.88% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 21.88% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -30.21% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 28.79% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 4.70% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -4.68% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 28.77% |
| 10 | Hello | 921.46 Mn | 102.26 Mn | 133.20 Mn | 12.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 12.98% |
| Dec 31, 2025 | 11.92% |
| Sep 30, 2025 | 13.00% |
| Jun 30, 2025 | 15.40% |
| Mar 31, 2025 | 11.88% |
| Dec 31, 2024 | 8.98% |
| Sep 30, 2024 | 15.36% |
| Jun 30, 2024 | 15.79% |
| Mar 31, 2024 | 17.98% |
| Dec 31, 2023 | 20.05% |
| Sep 30, 2023 | 20.43% |
| Jun 30, 2023 | 20.56% |
| Mar 31, 2023 | 15.47% |
| Dec 31, 2022 | 12.74% |
| Sep 30, 2022 | 16.09% |
| Jun 30, 2022 | 11.13% |
| Mar 31, 2022 | 11.18% |
| Dec 31, 2021 | -109.32% |
| Sep 30, 2021 | 12.25% |
| Jun 30, 2021 | 18.69% |