YALA on NYSE

Yalla Group Ltd

In its 2026 annual report (Form 20-F) the company says: “We are a Cayman Islands holding company and conduct our operations mainly through our operating subsidiaries in the UAE and China. We commenced our business and launched our Yalla mobile application in April 2016 through FYXTech Limited, or FYXTech BVI, which was established under the laws of the British Virgin Islands, and Shenzhen Yale Technology Co., Ltd, or Shenzhen Yale, which was established under the laws of the PRC.”5 It is headquartered in Dubai, United Arab Emirates.2 Its shares trade on NYSE under the symbol YALA.2

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Last updated Oct 20, 2026.

Overview

$341.9MRevenue, fiscal 20253
$148.1MNet income, fiscal 20253

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  • TickerYALA on NYSE2
  • IndustryServices-Computer Programming, Data Processing, Etc.2
  • HeadquartersDubai, United Arab Emirates2
  • Incorporated inCayman Islands4
  • Business address#226, Building 16, Dubai Internet City, Dubai, 5019134
  • Filer categoryAccelerated filer4
  • Legal formcompany limited by shares2
  • LEI254900JO9GJYWVJTAX892
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O Vistra (Cayman) Limited, KY1-1205 George Town, Cayman Islands2
  • Registered withGeneral Registry, OI-3327722

We are a Cayman Islands holding company and conduct our operations mainly through our operating subsidiaries in the UAE and China. We commenced our business and launched our Yalla mobile application in April 2016 through FYXTech Limited, or FYXTech BVI, which was established under the laws of the British Virgin Islands, and Shenzhen Yale Technology Co., Ltd, or Shenzhen Yale, which was established under the laws of the PRC.5 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

35.7%Operating margin3
43.3%Net margin3
0.7%Revenue growth, 20253
18.3%Return on equity3
$135.6MFree cash flow3

What sells

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

Products and services

Group Chatting Services brought in 63% of the revenue Yalla Group Ltd broke down this way in fiscal 2025.

  1. Group Chatting Services$216.4M363%down 4% from 2024
  2. Games Services$124.0M336%up 9% from 2024
  3. Product and Service, Other$1.5M30%up 127% from 2024
Products and services by year
Products and services202320242025
Group Chatting Services$211.8M$225.4M$216.4M
Games Services$106.7M$113.6M$124.0M
Product and Service, Other$374.5K$668.9K$1.5M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue33¢$111.9M
  • Research and development10¢$34.3M
  • Other costs13¢$43.6M
  • Income tax1¢$4.0M
  • Profit43¢$148.1M

Out of $341.9M in revenue.3

Where each dollar of operating cash went, fiscal 2025

  • Capital spending1¢$2.0M
  • Share buybacks41¢$56.6M
  • Kept or used elsewhere57¢$79.0M

Out of $137.5M of cash from operations.3

Financial statements

Revenue6789103$341.9M in 2025+707% since 2018
0$100.0M$200.0M$300.0M$400.0M2018: $42.4M$42.4M20182019: $63.5M$63.5M2019+50%2020: $134.9M$134.9M2020+113%2021: $273.1M$273.1M2021+102%2022: $303.6M$303.6M2022+11%2023: $318.9M$318.9M2023+5%2024: $339.7M$339.7M2024+7%2025: $341.9M$341.9M2025+1%
Operating income6789103$122.2M in 2025+500% since 2018
0$50.0M$100.0M$150.0M2018: $20.4M$20.4M20182019: $28.9M$28.9M2019+42%2020: $3.8M$3.8M2020−87%2021: $83.0M$83.0M2021+2109%2022: $78.7M$78.7M2022−5%2023: $96.4M$96.4M2023+22%2024: $121.4M$121.4M2024+26%2025: $122.2M$122.2M2025+1%
Net income6789103$148.1M in 2025+632% since 2018
0$50.0M$100.0M$150.0M2018: $20.2M$20.2M20182019: $28.9M$28.9M2019+43%2020: $3.2M$3.2M2020−89%2021: $82.6M$82.6M2021+2470%2022: $79.0M$79.0M2022−4%2023: $113.1M$113.1M2023+43%2024: $134.2M$134.2M2024+19%2025: $148.1M$148.1M2025+10%

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

Period ending2025-12-312024-12-312023-12-31
Revenues$341.9M$339.7M$318.9M
Cost of revenues-$111.9M-$120.5M-$114.5M
Selling and marketing expenses-$34.6M-$31.3M-$45.4M
General and administrative expenses-$39.0M-$37.4M-$36.8M
Technology and product development expenses-$34.3M-$29.0M-$25.8M
Total costs and expenses-$219.7M-$218.3M-$222.5M
Operating income$122.2M$121.4M$96.4M
Interest income$25.7M$28.7M$19.8M
Government grants$931.4K$800.2K$337.4K
Investment income (loss)$3.3M-$2.8M$1.7M
Impairment loss of investments$0$0-$2.5M
Income before income taxes$152.1M$148.1M$115.7M
Income tax expense-$4.0M-$13.9M-$2.7M
Net income$148.1M$134.2M$113.1M
Net loss attributable to non-controlling interests$1.7M$1.5M$4.3M
Net income attributable to Yalla Group Limited's shareholders$149.8M$135.7M$117.3M
-Basic$0.96$0.85$0.74
-Diluted$0.83$0.74$0.65
-Basic156.0M shares160.4M shares159.3M shares
-Diluted180.1M shares183.2M shares181.8M shares
Foreign currency translation adjustments, net of nil income taxes$1.4M-$676.0K-$657.0K
Other comprehensive (loss) income, net of income taxes$1.4M-$676.0K-$657.0K
Comprehensive income$149.5M$133.5M$112.4M
Less: comprehensive loss attributable to non-controlling interests$1.7M$1.5M$4.3M
Comprehensive income attributable to Yalla Group Limited's shareholders$151.2M$135.0M$116.7M
Tax on foreign currency translation adjustments$0$0$0

Compare Yalla Group Ltd with another company

Corporate structure

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

Major holders of Yalla Group Ltd

  • Jianfeng Xu Filed SCHEDULE 13G/A on Yalla Group Ltd, latest Aug 14, 2026 (4 filings since Feb 10, 2022)
  • Tao Yang Filed SCHEDULE 13G/A on Yalla Group Ltd, latest Aug 14, 2026 (5 filings since Feb 10, 2022)
  • AREO HOLDINGS LTD Filed SCHEDULE 13G/A on Yalla Group Ltd, latest Aug 6, 2025 (5 filings since Feb 8, 2022)
  • Yalla Group Ltd Dubai, United Arab Emirates

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Yalla Group Ltd 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
Property and equipment, before depreciation$18.1M3 Dec 31, 2025$15.6M3 Dec 31, 2024+16.1%
Accumulated depreciation$3.2M3 Dec 31, 2025$1.7M3 Dec 31, 2024+90.6%
Property and equipment, net$15.0M3 Dec 31, 2025$14.0M3 Dec 31, 2024+7.3%
Operating-lease assets (leased space)$1.9M3 Dec 31, 2025$1.4M3 Dec 31, 2024+38.8%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$527.0M3 Dec 31, 2025$488.4M3 Dec 31, 2024+7.9%
Marketable securities, current$141.3M3 Dec 31, 2025$70.9M3 Dec 31, 2024+99.1%
Debt securities held to maturity$135.4M3 Dec 31, 2025$51.7M3 Dec 31, 2024+161.7%
Long-term investments$82.1M3 Dec 31, 2025$93.7M3 Dec 31, 2024−12.4%

Leadership

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

Board members and other officers (6)

Timeline

  1. Mar 18, 2026New chief executive Tao Yang becomes CEO11
  2. Feb 7, 2018Founded Yalla Group Ltd is founded2

Calendar

Coming up

  1. Nov 9, 2026Reports results for the quarter ending Sep/202617

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

Filings

71 filings to the SEC since October 2021: 5 annual reports, 8 insider forms, 14 large holders, 44 other. The latest 20:

  1. Aug 18, 20266-K EDGAR
  2. Aug 14, 2026SCHEDULE 13G/A EDGAR
  3. Aug 14, 2026SCHEDULE 13G/A EDGAR
  4. May 19, 20266-K EDGAR
  5. Apr 22, 202620-F EDGAR
  6. Mar 18, 20263 EDGAR
  7. Mar 18, 20263 EDGAR
  8. Mar 18, 20263 EDGAR
  9. Mar 18, 20263 EDGAR
  10. Mar 18, 20263 EDGAR
  11. Mar 18, 20263 EDGAR
  12. Mar 18, 20263 EDGAR
  13. Mar 18, 20263 EDGAR
  14. Mar 10, 20266-K EDGAR
  15. Mar 10, 20266-K EDGAR
  16. Feb 10, 2026SCHEDULE 13G/A EDGAR
  17. Nov 12, 20256-K EDGAR
  18. Aug 13, 2025144 EDGAR
  19. Aug 12, 20256-K EDGAR
  20. Aug 6, 2025SCHEDULE 13G/A EDGAR

The 71 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.

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.

  • Jianfeng XuSCHEDULE 13G/A, 4 filings Feb 10, 2022 to Aug 14, 202618
  • Tao YangSCHEDULE 13G/A, 5 filings Feb 10, 2022 to Aug 14, 202619
  • AREO HOLDINGS LTDSCHEDULE 13G/A, 5 filings Feb 8, 2022 to Aug 6, 202520

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 71. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
FIL Ltd3,904,544$21.4M0.0%+343,463
Susquehanna International Group, Llp2,000,000$11.0M0.0%No change
Arrowstreet Capital, Limited Partnership1,235,688$6.8M0.0%−65,253
Seizert Capital Partners, LLC1,069,979$5.9M0.2%+331,735
State Street Corp836,350$4.6M0.0%−605,490
Robeco Institutional Asset Management B.V.741,758$4.1M0.0%−225,631
Morgan Stanley722,060$4.0M0.0%−11,820
Bnp Paribas Financial Markets566,500$3.1M0.0%−72,934
Renaissance Technologies LLC334,500$1.8M0.0%−43,000
Barclays PLC295,783$1.6M0.0%−905,132
New York State Common Retirement Fund237,641$1.3M0.0%+55,982
Qube Research & Technologies Ltd183,803$1.0M0.0%−150,880
Wellington Management Group Llp164,844$905.0K0.0%−5,850
Russell Investments Group, Ltd.158,606$891.4K0.0%+53,272
Fmr LLC152,077$834.9K0.0%+76,095
Sei Investments Co145,471$798.6K0.0%−15,750
UBS Group AG137,226$753.4K0.0%+49,339
Credit Agricole S A120,000$658.8K0.0%New
Jane Street Group, LLC113,813$624.8K0.0%+94,765
XTX Topco Ltd104,949$576.2K0.0%+2,331
Campbell & CO Investment Adviser LLC100,680$552.7K0.0%+55,176
E Fund Management (Hong Kong) Co., Ltd.96,323$528.8K0.2%New
E Fund Management Co., Ltd.96,323$528.8K0.0%New
Vident Advisory, LLC95,742$525.6K0.0%−48,058
Goldman Sachs Group Inc83,800$460.1K0.0%+68,854

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

SEC filer profile

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

  • Name on EDGARYalla Group Ltd1
  • CIK0001794350
  • Filer statusAccelerated filer not an emerging growth company; not a shell company5
  • Incorporated inCayman Islands5
  • Fiscal year endsDecember 311
  • Industry code (SIC)7370 Services-Computer Programming, Data Processing, Etc.1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address#226, Building 16, Dubai Internet City, Dubai, Dubai 501913, United Arab Emirates1
  • Mailing address18Th Floor, Huaye Development Center, No. 599, Jianye Road, Binjiang Distric, Hangzhou, Zhejiang Province 310000, China1
  • Phone971-458773881
  • Shares outstanding128,227,316 Common Class A shares; 24,734,013 Common Class B shares as of Dec 31, 20255
  • AuditorKPMG Huazhen LLP, Beijing, China PCAOB ID 1186; it also attests to the company’s internal control over financial reporting5
  • On EDGAR sinceApr 15, 20201
  • Filings100 in all: 6-K (28), CORRESP (10), UPLOAD (10), SC 13G/A (9), 3 (8), 144 (7), 20-F (6), SCHEDULE 13G/A (5)1
    All 19 form types

    SC 13G (4), DRSLTR (3), DRS/A (2), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), EFFECT (1), F-1 (1), F-1/A (1), S-8 (1)

  • Latest filingsAnnual report (20-F) Apr 22, 2026

Securities registered for trading

ClassSymbolExchange
American Depositary Shares, each representing one Class A ordinary shareYALANew York Stock Exchange
Class A ordinary shares, par value US$0.0001 per share*New York Stock Exchange

From the cover page of the 20-F filed Apr 22, 2026 (Section 12(b) of the Exchange Act).5