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Side-by-side financial comparison of HUYA Inc. (HUYA) and JOHNSON OUTDOORS INC (JOUT). Click either name above to swap in a different company.

HUYA Inc. is the larger business by last-quarter revenue ($237.1M vs $140.9M, roughly 1.7× JOHNSON OUTDOORS INC). HUYA Inc. runs the higher net margin — 0.6% vs -2.3%, a 2.9% gap on every dollar of revenue. Over the past eight quarters, HUYA Inc.'s revenue compounded faster (2.5% CAGR vs -10.5%).

HUYA Inc. is a leading interactive live streaming platform based in China, focused primarily on video game live broadcasting. It also offers esports events, variety entertainment, lifestyle and educational live streams, mainly serving young digital entertainment consumers in the domestic Chinese market.

Johnson Outdoors Inc. produces outdoor recreational products such as watercraft, diving equipment, camping gear, and outdoor clothing. It has operations in 24 locations worldwide, employs 1,400 people and reports sales of more than $315 million. Helen Johnson-Leipold, one of Samuel Curtis Johnson, Jr.'s four children, has run the company since 1999.

HUYA vs JOUT — Head-to-Head

Bigger by revenue
HUYA
HUYA
1.7× larger
HUYA
$237.1M
$140.9M
JOUT
Higher net margin
HUYA
HUYA
2.9% more per $
HUYA
0.6%
-2.3%
JOUT
Faster 2-yr revenue CAGR
HUYA
HUYA
Annualised
HUYA
2.5%
-10.5%
JOUT

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
HUYA
HUYA
JOUT
JOUT
Revenue
$237.1M
$140.9M
Net Profit
$1.3M
$-3.3M
Gross Margin
13.4%
36.6%
Operating Margin
-0.8%
-2.1%
Net Margin
0.6%
-2.3%
Revenue YoY
30.9%
Net Profit YoY
78.4%
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
HUYA
HUYA
JOUT
JOUT
Q1 26
$140.9M
Q4 25
$135.8M
Q3 25
$237.1M
Q2 25
$218.8M
$180.7M
Q1 25
$207.9M
$168.3M
Q4 24
$107.6M
Q3 24
$219.1M
$105.9M
Q2 24
$212.1M
$172.5M
Net Profit
HUYA
HUYA
JOUT
JOUT
Q1 26
$-3.3M
Q4 25
$-29.1M
Q3 25
$1.3M
Q2 25
$-766.0K
$7.7M
Q1 25
$128.0K
$2.3M
Q4 24
$-15.3M
Q3 24
$3.4M
$-34.3M
Q2 24
$4.1M
$1.6M
Gross Margin
HUYA
HUYA
JOUT
JOUT
Q1 26
36.6%
Q4 25
36.2%
Q3 25
13.4%
Q2 25
13.5%
37.6%
Q1 25
12.5%
35.0%
Q4 24
29.9%
Q3 24
13.2%
23.5%
Q2 24
13.9%
35.8%
Operating Margin
HUYA
HUYA
JOUT
JOUT
Q1 26
-2.1%
Q4 25
-6.0%
Q3 25
-0.8%
Q2 25
-1.5%
4.1%
Q1 25
-4.0%
2.9%
Q4 24
-18.8%
Q3 24
-2.1%
-40.4%
Q2 24
-1.7%
-0.3%
Net Margin
HUYA
HUYA
JOUT
JOUT
Q1 26
-2.3%
Q4 25
-21.4%
Q3 25
0.6%
Q2 25
-0.4%
4.3%
Q1 25
0.1%
1.4%
Q4 24
-14.2%
Q3 24
1.5%
-32.4%
Q2 24
1.9%
0.9%

Balance Sheet & Financial Strength

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

Metric
HUYA
HUYA
JOUT
JOUT
Cash + ST InvestmentsLiquidity on hand
$102.0M
$130.7M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$709.9M
$413.5M
Total Assets
$960.3M
$600.1M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HUYA
HUYA
JOUT
JOUT
Q1 26
$130.7M
Q4 25
$176.4M
Q3 25
$102.0M
Q2 25
$69.7M
$161.0M
Q1 25
$40.9M
$94.0M
Q4 24
$101.6M
Q3 24
$156.1M
$162.0M
Q2 24
$138.4M
$148.4M
Total Debt
HUYA
HUYA
JOUT
JOUT
Q1 26
$0
Q4 25
$0
Q3 25
Q2 25
$0
Q1 25
$0
Q4 24
$0
Q3 24
$0
Q2 24
$0
Stockholders' Equity
HUYA
HUYA
JOUT
JOUT
Q1 26
$413.5M
Q4 25
$418.4M
Q3 25
$709.9M
Q2 25
$704.3M
$450.5M
Q1 25
$711.2M
$441.1M
Q4 24
$440.3M
Q3 24
$1.1B
$463.4M
Q2 24
$1.3B
$498.7M
Total Assets
HUYA
HUYA
JOUT
JOUT
Q1 26
$600.1M
Q4 25
$604.1M
Q3 25
$960.3M
Q2 25
$928.0M
$634.5M
Q1 25
$1.3B
$624.5M
Q4 24
$612.9M
Q3 24
$1.6B
$635.2M
Q2 24
$1.6B
$679.8M
Debt / Equity
HUYA
HUYA
JOUT
JOUT
Q1 26
0.00×
Q4 25
0.00×
Q3 25
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
HUYA
HUYA
JOUT
JOUT
Operating Cash FlowLast quarter
$-38.4M
Free Cash FlowOCF − Capex
$-42.7M
FCF MarginFCF / Revenue
-30.3%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$38.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HUYA
HUYA
JOUT
JOUT
Q1 26
$-38.4M
Q4 25
$23.4M
Q3 25
Q2 25
$71.4M
Q1 25
$-1.7M
Q4 24
$-36.9M
Q3 24
$19.1M
Q2 24
$73.7M
Free Cash Flow
HUYA
HUYA
JOUT
JOUT
Q1 26
$-42.7M
Q4 25
$19.2M
Q3 25
Q2 25
$66.9M
Q1 25
$-5.0M
Q4 24
$-41.0M
Q3 24
$13.5M
Q2 24
$67.4M
FCF Margin
HUYA
HUYA
JOUT
JOUT
Q1 26
-30.3%
Q4 25
14.2%
Q3 25
Q2 25
37.0%
Q1 25
-2.9%
Q4 24
-38.1%
Q3 24
12.8%
Q2 24
39.1%
Capex Intensity
HUYA
HUYA
JOUT
JOUT
Q1 26
3.0%
Q4 25
3.1%
Q3 25
Q2 25
2.5%
Q1 25
2.0%
Q4 24
3.8%
Q3 24
5.3%
Q2 24
3.6%
Cash Conversion
HUYA
HUYA
JOUT
JOUT
Q1 26
Q4 25
Q3 25
Q2 25
9.22×
Q1 25
-0.72×
Q4 24
Q3 24
Q2 24
45.41×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HUYA
HUYA

Live streaming$162.5M69%
Game-related services, advertising and others$74.7M31%

JOUT
JOUT

Fishing Segment$112.1M80%
Diving Segment$18.0M13%
Camping Watercraft Recreation Segment$10.6M8%

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