DouYu International Holdings Limited (DOYU) Revenue History
Annual and quarterly revenue from 2016 to present
DOYU Revenue Over Time (2016–2025)
DOYU Revenue Growth History
4 of 9 years with positive growth- FY2016 revenue growth
- N/A
- FY2017 revenue growth
- +139.7%
- FY2018 revenue growth
- +93.8%
- FY2019 revenue growth
- +99.3%
- FY2020 revenue growth
- +31.8%
- FY2021 revenue growth
- -4.5%
- FY2022 revenue growth
- -22.4%
- FY2023 revenue growth
- -22.2%
- FY2024 revenue growth
- -22.8%
- FY2025 revenue growth
- -10.6%
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2025 | $1.05B | +2.1% |
| Q1 2025 | $947.1M | -8.9% |
| Q4 2024 | $1.14B | -12.3% |
| Q3 2024 | $1.06B | -21.8% |
| Q2 2024 | $1.03B | -25.9% |
| Q1 2024 | $1.04B | -29.9% |
| Q4 2023 | $1.30B | -22.9% |
| Q3 2023 | $1.36B | -24.4% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
DOYU's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
DOYU Revenue Analysis (2016–2025)
Current Revenue & Growth
As of June 21, 2026, DouYu International Holdings Limited (DOYU) generated trailing twelve-month (TTM) revenue of $4.20 billion, reflecting modest growth of +2.1% year-over-year. The most recent quarter (Q2 2025) recorded $1.05 billion in revenue, up 11.3% sequentially.
Historical Growth Trajectory
DOYU's 5-year compound annual growth rate (CAGR) stands at -16.8%, indicating revenue contraction over this period. The 3-year CAGR of -18.7% is below the 5-year average, signalling a growth deceleration in recent years. DouYu International Holdings Limited's highest annual revenue of $9.60 billion was recorded in 2020.
Revenue by Segment
DOYU's revenue is primarily driven by Revenue sharing fees and content costs (84%), Other costs (10%), and Bandwidth costs (6%). With over half of revenue concentrated in Revenue sharing fees and content costs, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Communication Services sector peers — including HUYA (-2.1% YoY), MOMO (-2.8% YoY), and LIVE (-3.8% YoY) — DOYU has outperformed the peer group in revenue growth. Compare DOYU vs HUYA →
DOYU Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| DOYUCurrent | $4.2B | +2.1% | -16.8% | 0.3% | |
 HUYA | $6.5B | -2.1% | -9.8% | -2.5% | |
 MOMO | $10.4B | -2.8% | -7.2% | 13.1% | |
 LIVE | $445M | -3.8% | +18.3% | 3.8% | |
 BILI | $30.3B | +22.7% | +20.4% | 3.7% | |
 IQ | $3.8B | -87.0% | -33.7% | 6.0% |
DOYU Historical Revenue Data (2016–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.82B | -10.6% | $489.5M | 12.8% | $10.9M | 0.3% |
| 2024 | $4.27B | -22.8% | $323.8M | 7.6% | $-564,220,000 | -13.2% |
| 2023 | $5.53B | -22.2% | $684.0M | 12.4% | $-164,036,961 | -3.0% |
| 2022 | $7.11B | -22.4% | $990.1M | 13.9% | $-198,880,000 | -2.8% |
| 2021 | $9.17B | -4.5% | $1.09B | 11.9% | $-648,662,000 | -7.1% |
| 2020 | $9.60B | +31.8% | $1.56B | 16.3% | $262.1M | 2.7% |
| 2019 | $7.28B | +99.3% | $1.20B | 16.4% | $-131,670,000 | -1.8% |
| 2018 | $3.65B | +93.8% | $151.0M | 4.1% | $-859,119,990 | -23.5% |
| 2017 | $1.89B | +139.7% | $-4,651,776 | -0.2% | $-618,387,515 | -32.8% |
| 2016 | $786.8M | - | $-368,239,762 | -46.8% | $-776,388,308 | -98.7% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
10+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
DOYU — Frequently Asked Questions
Quick answers to the most common questions about buying DOYU stock.
Is DOYU's revenue growth accelerating or slowing?
DOYU revenue growth is slowing. TTM revenue is $4.2B, up +2.1% year-over-year — below the 5-year CAGR of -16.8%. The deceleration suggests maturing end-markets or increased competition.
What is DOYU's revenue history from 2016 to 2026?
DouYu International Holdings Limited (DOYU) revenue history spans 2016 to 2026. TTM revenue as of 2026 is $4.2B, growing at +2.1% YoY. The 5-year CAGR is -16.8%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is DOYU's long-term revenue growth rate (CAGR)?
DouYu International Holdings Limited's 5-year revenue CAGR of -16.8% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of +2.1% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for DOYU.
Why does DOYU's quarterly revenue fluctuate?
DOYU quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. DouYu International Holdings Limited's revenue data from 2016 to 2026 shows full historical quarterly detail on this page.
How is DOYU's revenue distributed by segment?
DOYU reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does DOYU's revenue compare to industry peers?
DouYu International Holdings Limited (DOYU) with TTM revenue of $4.2B and +2.1% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.