MOMO on Nasdaq

Hello Group Inc.

Hello Group Inc. is a prepackaged software services company, listed on Nasdaq (MOMO).1

Price unavailable

Last updated Oct 20, 2026.

Overview

$1.5BRevenue, fiscal 20252
$115.3MNet income, fiscal 20252

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  • TickerMOMO on Nasdaq1
  • IndustryServices-Prepackaged Software1
  • Business address20/F, Block B, Tower 2, Wangjing Soho, No.1 Futongdong Street,Chaoyang District, Beijing3
  • Filer categoryLarge accelerated filer3

We started our operations in July 2011 when our founders established Beijing Momo Technology Co., Ltd., or Beijing Momo, in Chinese mainland. In order to facilitate foreign investment in our company, we incorporated our holding company under the name of Momo Technology Company Limited in the British Virgin Islands in November 2011. In July 2014, Momo Technology Company Limited was redomiciled in the Cayman Islands as an exempted company registered under the laws of the Cayman Islands, and was renamed Momo Inc.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

13.1%Operating margin2
7.8%Net margin2
2.4%Revenue growth, 20252
7.3%Return on equity2
0.00×Debt to equity2
$98.8MFree cash flow2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Value Added Service brought in 99% of the revenue Hello Group Inc. broke down this way in fiscal 2025.

  1. Value Added Service10.2B CNY299%down 2% from 2024
  2. Other Services153.4M CNY21%up 4% from 2024
Products and services by year
Products and services202320242025
Value Added Service11.8B CNY10.4B CNY10.2B CNY
Other Services176.9M CNY147.4M CNY153.4M CNY

Regions

China brought in 81% of the revenue Hello Group Inc. broke down this way in fiscal 2025.

  1. China8.4B CNY281%down 11% from 2024
  2. Overseas2.0B CNY219%up 71% from 2024
Regions by year
Regions202320242025
China11.2B CNY9.4B CNY8.4B CNY
Overseas798.3M CNY1.2B CNY2.0B CNY

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue62¢$921.9M
  • Other costs21¢$314.4M
  • Interest1¢$10.4M
  • Income tax8¢$120.5M
  • Profit8¢$115.3M

Out of $1.5B in revenue.2

Where each dollar of operating cash went, fiscal 2025

  • Capital spending40¢$70.4M
  • Share buybacks60¢$107.2M

Out of $169.2M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.2

Financial statements

Revenue5678910112$1.5B in 2025−24% since 2018
0$1.0B$2.0B$3.0B2018: $2.0B$2.0B20182019: $2.4B$2.4B2019+25%2020: $2.3B$2.3B2020−6%2021: $2.3B$2.3B2021−1%2022: $1.8B$1.8B2022−19%2023: $1.7B$1.7B2023−8%2024: $1.4B$1.4B2024−14%2025: $1.5B$1.5B2025+2%
Operating income5678910112$193.7M in 2025−59% since 2018
-$500.0M-$250.0M0$250.0M$500.0M$750.0M2018: $475.1M$475.1M20182019: $510.6M$510.6M2019+7%2020: $388.0M$388.0M2020−24%2021: -$375.0M-$375.0M20212022: $236.0M$236.0M20222023: $324.7M$324.7M2023+38%2024: $210.0M$210.0M2024−35%2025: $193.7M$193.7M2025−8%
Net income5678910112$115.3M in 2025−72% since 2018
-$500.0M-$250.0M0$250.0M$500.0M2018: $409.5M$409.5M20182019: $425.3M$425.3M2019+4%2020: $321.9M$321.9M2020−24%2021: -$459.1M-$459.1M20212022: $214.6M$214.6M20222023: $274.9M$274.9M2023+28%2024: $142.4M$142.4M2024−48%2025: $115.3M$115.3M2025−19%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
Net revenues10.4B CNY10.6B CNY12.0B CNY
Cost of revenues (including share-based compensation of RMB6,307, RMB7,643 and RMB8,406 in 2023, 2024 and 2025, respectively)-6.4B CNY-6.4B CNY-7.0B CNY
Research and development (including share-based compensation of RMB64,561, RMB43,526 and RMB41,998 in 2023, 2024 and 2025, respectively)-779.4M CNY-804.4M CNY-884.6M CNY
Sales and marketing (including share-based compensation of RMB29,066, RMB19,520 and RMB15,874 in 2023, 2024 and 2025, respectively)-1.4B CNY-1.3B CNY-1.4B CNY
General and administrative (including share-based compensation of RMB167,167, RMB121,883 and RMB96,467 in 2023, 2024 and 2025, respectively)-455.4M CNY-507.7M CNY-502.5M CNY
Total cost and expenses-9.1B CNY-9.1B CNY-9.8B CNY
Other operating income37.6M CNY59.0M CNY130.1M CNY
Income from operations1.4B CNY1.5B CNY2.3B CNY
Interest income374.5M CNY511.0M CNY436.3M CNY
Interest expense-72.4M CNY-127.8M CNY-62.2M CNY
Other gain or (loss), net5.7M CNY-90.5M CNY-26.7M CNY
Income before income tax and share of (loss) income on equity method investments1.7B CNY1.8B CNY2.7B CNY
Income tax expense-842.9M CNY-845.0M CNY-630.0M CNY
Income before share of (loss) income on equity method investments819.4M CNY980.4M CNY2.0B CNY
Share of (loss) income on equity method investments-12.9M CNY59.2M CNY-70.6M CNY
Net income806.5M CNY1.0B CNY2.0B CNY
Less: net (loss) income attributable to non-controlling interest2.5M CNY0 CNY-5.9M CNY
Net income attributable to the shareholders of Hello Group Inc.804.0M CNY1.0B CNY2.0B CNY
Basic2.42 CNY2.81 CNY5.18 CNY
Diluted2.37 CNY2.78 CNY4.92 CNY
Basic332.4M shares369.3M shares377.6M shares
Diluted338.6M shares373.6M shares401.8M shares
Share-based compensation162.7M CNY192.6M CNY267.1M CNY

Compare Hello Group Inc. with another company

Corporate structure

Hello Group Inc. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Hello Group Inc.

  • Goldman Sachs Filed SCHEDULE 13G/A on Hello Group Inc., latest Aug 12, 2026
  • Athos Capital Ltd Filed SCHEDULE 13G/A on Hello Group Inc., latest May 13, 2026 (2 filings since Dec 31, 2025)
  • RENAISSANCE TECHNOLOGIES LLC Filed SCHEDULE 13G/A on Hello Group Inc., latest Feb 12, 2026 (6 filings since Feb 11, 2022)
  • Yan Tang Filed SCHEDULE 13D/A on Hello Group Inc., latest Sep 23, 2025 (2 filings since Apr 15, 2025)
  • Invesco Filed SC 13G/A on Hello Group Inc., latest Feb 1, 2024 (3 filings since Feb 14, 2022)
  • Hello Group Inc.

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Hello Group Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Construction in progress92.4M CNY2 Dec 31, 2025760.4M CNY2 Dec 31, 2024−87.8%
Property and equipment, net$203.1M2 Dec 31, 2025$122.9M11 Dec 31, 2024+65.2%
Operating-lease assets (leased space)$17.0M2 Dec 31, 2025$34.5M11 Dec 31, 2024−50.8%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$760.8M2 Dec 31, 2025$564.8M11 Dec 31, 2024+34.7%
Marketable securities, current$17.8M2 Dec 31, 2025$010 Dec 31, 2023
Long-term investments$216.5M2 Dec 31, 2025$113.1M11 Dec 31, 2024+91.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$85.3M2 Dec 31, 2025$18.7M11 Dec 31, 2024+356.8%
Intangible assets, net (excluding goodwill)$34.4M2 Dec 31, 2025$11.9M11 Dec 31, 2024+189.9%
Accumulated amortization-576.1M CNY2 Dec 31, 2025-537.3M CNY2 Dec 31, 2024−7.2%

Leadership

Who has led Hello Group Inc., and when. Pick a name to see everywhere that person has worked.

Chief operating officer

  1. Sichuan Zhang2026–now
Board members and other officers (4)

Former names

  • Momo Inc.Jul 10, 2014 to Aug 2, 20213
  • Momo Technology Co LtdJun 13, 2014 to Jun 13, 20143

Calendar

Coming up

  1. Dec 9, 2026Reports results for the quarter ending Sep/202616

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

101 filings to the SEC since October 2021: 5 annual reports, 17 insider forms, 16 large holders, 63 other. The latest 20:

  1. Oct 8, 20264 OWNERSHIP DOCUMENT EDGAR
  2. Oct 8, 20264 OWNERSHIP DOCUMENT EDGAR
  3. Sep 3, 20266-K EDGAR
  4. Aug 12, 2026SCHEDULE 13G/A EDGAR
  5. Jul 31, 20266-K EDGAR
  6. Jul 8, 20264 OWNERSHIP DOCUMENT EDGAR
  7. Jul 8, 20264 OWNERSHIP DOCUMENT EDGAR
  8. Jun 2, 20266-K EDGAR
  9. May 13, 2026SCHEDULE 13G/A EDGAR
  10. Apr 28, 202620-F EDGAR
  11. Apr 16, 20264 OWNERSHIP DOCUMENT EDGAR
  12. Apr 16, 20264 OWNERSHIP DOCUMENT EDGAR
  13. Apr 9, 20264 OWNERSHIP DOCUMENT EDGAR
  14. Apr 9, 20264 OWNERSHIP DOCUMENT EDGAR
  15. Apr 9, 20264 OWNERSHIP DOCUMENT EDGAR
  16. Apr 9, 20264 OWNERSHIP DOCUMENT EDGAR
  17. Mar 18, 20266-K EDGAR
  18. Mar 17, 20263 OWNERSHIP DOCUMENT EDGAR
  19. Mar 17, 20263 OWNERSHIP DOCUMENT EDGAR
  20. Mar 16, 20263 OWNERSHIP DOCUMENT EDGAR

The 101 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 31, 2026Wen JianhuaChief Technology OfficerSale4,218$5.70$24.0KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Renaissance Technologies LLC7,115,710$41.3M0.1%−367,100
Goldman Sachs Group Inc3,951,341$22.9M0.0%+750,751
Vanguard Capital Management LLC3,507,828$20.3M0.0%−302,982
BlackRock, Inc.3,019,786$17.5M0.0%−123,664
D. E. Shaw & Co., Inc.2,496,180$14.5M0.0%−79,829
Alpine Investment Management Ltd2,466,700$14.3M3.5%+2,233,466
Dimensional Fund Advisors LP2,194,874$12.7M0.0%−213,587
Assenagon Asset Management S.A.2,129,788$12.4M0.0%New
FIL Ltd1,632,115$9.5M0.0%+13,676
UBS Group AG1,424,602$8.3M0.0%+426,719
Arrowstreet Capital, Limited Partnership1,332,101$7.7M0.0%−299,075
American Century Companies Inc1,331,097$7.7M0.0%+153,890
Tiger Pacific Capital LP1,131,194$6.6M3.0%−38,200
State Street Corp1,072,676$6.2M0.0%−787,926
Qube Research & Technologies Ltd1,071,852$6.2M0.0%−140,678
Norges Bank993,545$5.8M0.0%New
Morgan Stanley883,176$5.1M0.0%−63,913
Vanguard Fiduciary Trust Co882,526$5.1M0.0%−93,889
CoreView Capital Management Ltd875,154$5.1M0.9%No change
Charles Schwab Investment Management Inc739,822$4.3M0.0%−307,680
Nuveen, LLC665,213$3.9M0.0%+572,113
Man Group plc614,664$3.6M0.0%+96,696
Connor, Clark & Lunn Investment Management Ltd.512,603$3.0M0.0%−4,547
LMR Partners LLP502,512$2.9M0.0%No change
Trexquant Investment LP284,035$1.6M0.0%+66,096

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Hello Group Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARHello Group Inc.1
  • CIK0001610601
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company4
  • Incorporated inCayman Islands4
  • Industry code (SIC)7372 Services-Prepackaged Software1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address20/F, Block B, Tower 2, Wangjing Soho, No.1 Futongdong Street,Chaoyang District, Beijing, China1
  • Phone8610573105671
  • Shares outstanding223,202,490 Common Class A shares; 80,364,466 Common Class B shares as of Dec 31, 20254
  • AuditorDeloitte Touche Tohmatsu Certified Public Accountants LLP, Beijing, the People’s Republic of China PCAOB ID 1113; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceJun 13, 20141
  • Filings235 in all: 6-K (76), SC 13D/A (19), 144 (18), SC 13G (14), UPLOAD (13), 20-F (12), CORRESP (11), 4 (10)1
    All 32 form types

    SC 13G/A (10), 3 (7), S-8 (5), SCHEDULE 13G/A (5), DRSLTR (4), F-1/A (4), DRS/A (3), SC 13D (3), EFFECT (2), FWP (2), SC TO-I/A (2), SCHEDULE 13D/A (2), SCHEDULE 13G (2), 144/A (1), 20-F/A (1), 424B3 (1), 424B4 (1), 8-A12B (1), CERTNAS (1), DRS (1), F-1 (1), F-3ASR (1), F-6 (1), SC TO-I (1)

  • Latest filingsAnnual report (20-F) Apr 28, 2026

Securities registered for trading

ClassSymbolExchange
American depositary sharesMOMONasdaq
Class A ordinary shares, par value US$0.0001 per shareNasdaq

From the cover page of the 20-F filed Apr 28, 2026 (Section 12(b) of the Exchange Act).4