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Side-by-side financial comparison of DouYu International Holdings Ltd (DOYU) and Nebius Group N.V. (NBIS). Click either name above to swap in a different company.

DouYu International Holdings Ltd is the larger business by last-quarter revenue ($147.1M vs $32.1M, roughly 4.6× Nebius Group N.V.).

DouYu International Holdings Ltd operates a leading live streaming platform centered on video game and esports content primarily in mainland China. It offers interactive live streams covering professional esports tournaments, casual gaming content, and variety entertainment, targeting young gaming enthusiasts as its core user base, with main revenue streams including virtual gifting, advertising, and paid memberships.

Nebius Group N.V., headquartered in Amsterdam, is a technology company that provides artificial intelligence infrastructure. The company also owns Avride and TripleTen, as well as stakes in Toloka and Clickhouse. It is headquartered in Amsterdam with offices in Israel and the United States.

DOYU vs NBIS — Head-to-Head

Bigger by revenue
DOYU
DOYU
4.6× larger
DOYU
$147.1M
$32.1M
NBIS

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
DOYU
DOYU
NBIS
NBIS
Revenue
$147.1M
$32.1M
Net Profit
Gross Margin
13.5%
Operating Margin
-251.1%
Net Margin
Revenue YoY
Net Profit YoY
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DOYU
DOYU
NBIS
NBIS
Q3 25
$32.1M
Q2 25
$147.1M
$24.2M
Q1 25
$130.5M
Q3 24
$79.6M
Q2 24
$142.0M
$36.3M
Q1 24
$144.0M
Net Profit
DOYU
DOYU
NBIS
NBIS
Q3 25
Q2 25
$-185.4M
Q1 25
$-11.0M
Q3 24
$-258.2M
Q2 24
$-6.8M
$-118.3M
Q1 24
$-12.2M
Gross Margin
DOYU
DOYU
NBIS
NBIS
Q3 25
Q2 25
13.5%
Q1 25
12.0%
Q3 24
Q2 24
8.2%
Q1 24
10.5%
Operating Margin
DOYU
DOYU
NBIS
NBIS
Q3 25
-251.1%
Q2 25
-754.1%
Q1 25
-2.8%
Q3 24
-366.1%
Q2 24
-11.6%
-563.1%
Q1 24
-16.1%
Net Margin
DOYU
DOYU
NBIS
NBIS
Q3 25
Q2 25
-766.1%
Q1 25
-8.4%
Q3 24
-324.4%
Q2 24
-4.8%
-325.9%
Q1 24
-8.5%

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOYU
DOYU
NBIS
NBIS
Cash + ST InvestmentsLiquidity on hand
$214.4M
$4.8B
Total DebtLower is stronger
Stockholders' EquityBook value
$279.9M
$4.8B
Total Assets
$448.1M
$10.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOYU
DOYU
NBIS
NBIS
Q3 25
$4.8B
Q2 25
$214.4M
$1.7B
Q1 25
$35.2M
Q3 24
$2.3B
Q2 24
$558.8M
$2.3B
Q1 24
$70.7M
Stockholders' Equity
DOYU
DOYU
NBIS
NBIS
Q3 25
$4.8B
Q2 25
$279.9M
$3.8B
Q1 25
$37.4M
Q3 24
$2.9B
Q2 24
$895.6M
$4.3B
Q1 24
$126.4M
Total Assets
DOYU
DOYU
NBIS
NBIS
Q3 25
$10.1B
Q2 25
$448.1M
$5.1B
Q1 25
$60.8M
Q3 24
$3.0B
Q2 24
$1.1B
$4.4B
Q1 24
$156.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DOYU
DOYU
NBIS
NBIS
Operating Cash FlowLast quarter
$-196.8M
Free Cash FlowOCF − Capex
$-586.8M
FCF MarginFCF / Revenue
-1828.0%
Capex IntensityCapex / Revenue
1215.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOYU
DOYU
NBIS
NBIS
Q3 25
$-196.8M
Q2 25
$-162.0M
Q1 25
Q3 24
Q2 24
Q1 24
Free Cash Flow
DOYU
DOYU
NBIS
NBIS
Q3 25
$-586.8M
Q2 25
$-379.9M
Q1 25
Q3 24
Q2 24
Q1 24
FCF Margin
DOYU
DOYU
NBIS
NBIS
Q3 25
-1828.0%
Q2 25
-1569.8%
Q1 25
Q3 24
Q2 24
Q1 24
Capex Intensity
DOYU
DOYU
NBIS
NBIS
Q3 25
1215.0%
Q2 25
900.4%
Q1 25
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DOYU
DOYU

Segment breakdown not available.

NBIS
NBIS

Nebius$27.1M84%
TripleTen$6.3M20%
Avride$100.0K0%

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