MOMO Hello Group (MOMO) Q1 FY26 earnings call
Hello Group navigated Q1 FY26 with strong overseas expansion, driven by new product growth and a diversified portfolio, which helped offset persistent domestic headwinds from tax regulations and soft consumer sentiment. The company is strategically optimizing its core Momo business, refining Tantan's user experience, and scaling new overseas ventures, aiming for long-term profitability despite near-term revenue pressures. AI investments are focused on enhancing user connections and enabling new product formats.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
MOMO operating KPIs by quarter
| KPI | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Paid subscribers Tantan | 600KAs of the end of Q1, Tantan had 0.6 million paying users a modest decrease of 30,000 quarter-over-quarter.Source: earnings call transcript | 500KAs of the end of Q2, Tantan had 0.5 million paying users, a modest decrease of 40,000 quarter-over-quarter, mainly due to pressure on paying conversion from Alipay's adjustments to its auto renewal deduction rules.Source: earnings call transcript | -16.7% |
| Employees | 1,396We ended the quarter with 1,396 total employees compared to 1,336 from a year ago.Source: earnings call transcript | 1,399We ended the quarter with 1,399 total employees compared to 1,268 from a year ago.Source: earnings call transcript | +0.2% |
| R&D personnel as a percentage of total employees | 56%The R&D personnel as a percentage of total employees for the group was 56% compared with 58% from Q1 last year.Source: earnings call transcript | 56%The R&D personnel as a percentage of total employees for the group was 56% compared with 58% from Q2 last year.Source: earnings call transcript | 0 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.