# Hello Group posts Q2 profit, guides Q3 revenue down 5.7% to 9.4%

> By Hayley Birkin | Published: 2026-11-14T09:12:30.398736+00:00 | Section: Financial | Source: https://www.datingindustryinsights.com/news/hello-group-q2-profit-guides-q3-revenue-down | Publisher: Dating Industry Insights (High Intent Media Inc)

Hello Group swung to RMB238.4M net income in Q2 2026 but guided Q3 net revenues of RMB2.4B to RMB2.5B, down 5.7% to 9.4% year on year.

## Key points

- Hello Group reported Q2 2026 net income of RMB238.4 million (US$35.1 million), against a net loss of RMB139.4 million in Q2 2025.
- Hello Group guided Q3 2026 net revenues of RMB2.4 billion to RMB2.5 billion, a year-over-year decrease of 9.4% to 5.7%.
- Hello Group's overseas net revenues rose 52.0% to RMB672.7 million in Q2 2026, while mainland China revenue fell to RMB1,813.3 million from RMB2,177.9 million.
- The 12 November 2026 SEC filing on Hello Group is a Renaissance Technologies Schedule 13G/A showing a 4.66% stake, not a results report.

## Article

- Hello Group reported Q2 2026 net income of RMB238.4M (US$35.1M), against a net loss of RMB139.4M a year earlier.
- Q2 net revenues fell 5.1% to RMB2,486.0M; Q3 guidance of RMB2.4B to RMB2.5B implies a fall of 9.4% to 5.7%.
- Overseas net revenues rose 52.0% while mainland China revenue fell to RMB1,813.3M from RMB2,177.9M.
- The 12 November SEC filing is a Renaissance Technologies Schedule 13G/A, not a results update.

[Hello Group](https://www.datingindustryinsights.com/companies/hello-group) swung to a net profit in the second quarter of 2026 from a loss a year earlier, while guiding third-quarter net revenues down 5.7% to 9.4% year on year, according to results the company released on 3 September. The guidance is RMB2.4 billion to RMB2.5 billion, which the company called its current and preliminary view, subject to change.

One correction to how this has circulated: the SEC filing dated 12 November is a Schedule 13G/A in which Renaissance Technologies reports a passive stake. It contains no earnings and no guidance. The profit and the guidance come from the September release.

### The DII Take

This is a profit story with a shrinking-business story underneath it. The swing from loss to profit rests on a year-old tax charge dropping out of the comparison, while operating income fell and guidance points to a steeper revenue decline next quarter. Credit the overseas growth, but on these numbers it has not yet filled the mainland gap.

### A base effect flatters the profit line

Q2 2026 net revenues fell 5.1% to RMB2,486.0 million (US$366.4 million). Net income was RMB238.4 million. The company said the Q2 2025 loss was driven by an additional withholding tax accrual of RMB547.9 million, and income tax expense was RMB69.6 million against RMB638.4 million. Income from operations fell to RMB238.0 million from RMB403.5 million.

Chairman and CEO Yan Tang said: "The Group maintained steady business momentum in the second quarter of 2026." The segment figures are less steady. Mainland revenue fell to RMB1,813.3 million, Tantan paying users dropped to 0.5 million from 0.7 million, and Momo rose to 3.9 million from 3.5 million.

Overseas net revenues rose 52.0% to RMB672.7 million (US$99.1 million) from RMB442.4 million, the company said, citing new audio- and video-based products in MENA and dating brands outside MENA.

> Overseas net revenues rose 52.0% to RMB672.7 million (US$99.1 million) from RMB442.4 million.

On the earnings call, per an Investing.com transcript, management said the domestic business would likely stay under pressure, with a high-teens percentage decline in mainland China, and that the prior CNY 3 billion overseas target now looks ambitious.

### What to watch on 7 December

Hello Group reports Q3 results before US markets open on 7 December, as [DII reported](https://www.datingindustryinsights.com/news/hello-group-sets-7-december-date-q3-2026-results). The test is whether revenue lands inside the RMB2.4 billion to RMB2.5 billion range. Elsewhere, [Match Group](https://www.datingindustryinsights.com/companies/match-group) (MTCH) said Tinder daily active users returned to year-over-year growth in September, while [Bumble](https://www.datingindustryinsights.com/companies/bumble) (BMBL) reported Q3 revenue of $207.1 million against $246.2 million.

On the filing itself, a StockTitan summary says Renaissance holds 6,696,210 ADS (4.66%) as of 30 September, against 7,823,010 (6.56%) in its February filing. DII has not matched the new figures to the EDGAR document.

- Hello Group's Q2 profit reflects a year-earlier withholding tax charge of RMB547.9M falling away, not stronger operations: income from operations fell to RMB238.0M.
- Guidance of RMB2.4B to RMB2.5B for Q3 implies a faster revenue decline than Q2's 5.1%, so the 7 December print matters more than the profit headline.

**Sources:** [Hello Group Inc. Announces Unaudited Financial Results for the Second Quarter of 2026 (Hello Group Inc.)](https://ir.hellogroup.com/news-releases/news-release-details/hello-group-inc-announces-unaudited-financial-results-second-4); [Hello Group to Report Third Quarter 2026 Results on December 7, 2026 (PR Newswire)](https://www.prnewswire.com/news-releases/hello-group-to-report-third-quarter-2026-results-on-december-7-2026-302930248.html); [Hello Group Schedule 13G/A, Renaissance, filed February 2026 (SEC EDGAR)](https://www.sec.gov/Archives/edgar/data/0001610601/000103738926000015/primary_doc.xml); [Match Group third quarter 2026 results, 8-K Exhibit 99.1 (Match Group / SEC EDGAR)](https://www.sec.gov/Archives/edgar/data/0000891103/000089110326000161/mtch8-k20261102ex991.htm); [Bumble Inc. Form 10-Q for quarter ended 30 September 2026 (Bumble Inc. / SEC EDGAR)](https://www.sec.gov/Archives/edgar/data/0001830043/000183004326000123/bmbl-20260930.htm); [Hello Group: Renaissance reports 4.66% ownership, Schedule 13G/A summary (StockTitan)](https://www.stocktitan.net/sec-filings/MOMO/schedule-13g-a-hello-group-inc-amended-passive-investment-disclosure-8535aac7e913.html); [Earnings call transcript: Hello Group beats Q2 2026 estimates but warns on sales (Investing.com)](https://www.investing.com/news/transcripts/earnings-call-transcript-hello-group-beats-q2-2026-estimates-but-warns-on-sales-93CH-4887733)

## Key takeaways

- Hello Group's Q2 2026 swing to profit follows a year-earlier RMB547.9 million withholding tax accrual, while its income from operations fell to RMB238.0 million from RMB403.5 million.
- Hello Group's Q3 guidance of RMB2.4 billion to RMB2.5 billion points to a steeper decline than Q2's 5.1%, making its 7 December results the real test for investors.
- Hello Group's 52.0% overseas revenue growth is not yet offsetting its mainland China decline, according to its Q2 2026 figures.

## FAQ

### Was Hello Group profitable in Q2 2026?

Yes. Hello Group reported Q2 2026 net income of RMB238.4 million (US$35.1 million), against a net loss of RMB139.4 million a year earlier, when a RMB547.9 million withholding tax accrual weighed on results.

### What is Hello Group's Q3 2026 revenue guidance?

Hello Group guided Q3 2026 net revenues of RMB2.4 billion to RMB2.5 billion, a year-over-year decrease of 9.4% to 5.7%. The company called it a preliminary view subject to change.

### What was the Hello Group SEC filing on 12 November 2026?

It was a Schedule 13G/A from Renaissance Technologies, a passive ownership disclosure. A StockTitan summary says it shows 6,696,210 ADS, or 4.66%, as of 30 September 2026.

### When does Hello Group report Q3 2026 results?

Hello Group will report Q3 2026 results before US markets open on Monday 7 December 2026, with an earnings call at 6:00 a.m. US Eastern.

## In this story

- [Hello Group](https://www.datingindustryinsights.com/companies/hello-group) (main subject)
- [Match Group](https://www.datingindustryinsights.com/companies/match-group)
- [Bumble](https://www.datingindustryinsights.com/companies/bumble)
- [Yan Tang](https://www.datingindustryinsights.com/people/yan-tang)
- [Momo](https://www.datingindustryinsights.com/products/momo)
- [Tinder](https://www.datingindustryinsights.com/products/tinder)
- [Tantan](https://www.datingindustryinsights.com/products/tantan)

---
Canonical: https://www.datingindustryinsights.com/news/hello-group-q2-profit-guides-q3-revenue-down
Citation: "Dating Industry Insights" (https://www.datingindustryinsights.com)
