Autohome Q1 Earnings Call Highlights

2 weeks ago 9

MarketBeat

Thu, May 28, 2026 astatine 11:08 AM CDT 8 min read

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Autohome (NYSE:ATHM) said it began 2026 with a wide propulsion to reposition its level from an automotive accusation media concern into a much broad automotive services ecosystem, portion reporting first-quarter gross of RMB 1.05 cardinal and highlighting continued shareholder returns done dividends and stock repurchases.

Chief Financial Officer Craig Yan Zeng told investors connected the company’s first-quarter net telephone that Autohome is expanding crossed content, transactions, artificial intelligence, utilized cars and overseas markets. He said the company’s mean mobile regular progressive users reached a grounds high, surpassing 80 million, supported by a marque refresh, an app upgrade, premium contented improvement and a broader caller media presence.

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“We began the twelvemonth by rolling retired a bid of initiatives to accelerate the translation of our level from an automotive accusation media into a broad automotive work ecosystem,” Zeng said done a translator.

Revenue Reaches RMB 1.05 Billion

For the archetypal 4th of 2026, Autohome reported nett revenues of RMB 1.05 billion. Media services gross was RMB 163 million, pb procreation services gross was RMB 503 million, and online marketplace and different gross was RMB 382 million.

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Cost of revenues was RMB 257 million, compared with RMB 316 cardinal successful the archetypal 4th of 2025. Gross borderline was 75.5%, down from 78.3% a twelvemonth earlier.

Operating expenses declined successful respective areas. Sales and selling expenses were RMB 506 million, compared with RMB 544 cardinal successful the prior-year quarter. Product and improvement expenses were level twelvemonth implicit twelvemonth astatine RMB 274 million. General and administrative expenses were RMB 120 million, compared with RMB 131 cardinal successful the aforesaid play past year.

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