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Side-by-side financial comparison of HUYA Inc. (HUYA) and KILROY REALTY CORP (KRC). Click either name above to swap in a different company.

KILROY REALTY CORP is the larger business by last-quarter revenue ($272.2M vs $237.1M, roughly 1.1× HUYA Inc.). KILROY REALTY CORP runs the higher net margin — 6.3% vs 0.6%, a 5.7% gap on every dollar of revenue. Over the past eight quarters, HUYA Inc.'s revenue compounded faster (2.5% CAGR vs -1.2%).

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.

Kilroy Realty Corp is a leading U.S. real estate investment trust that develops, owns, and operates premium office, life science, and mixed-use properties primarily across high-growth West Coast markets including Los Angeles, San Francisco, Seattle, and San Diego. It serves tenants across the technology, life sciences, media, and creative sectors, with a core focus on delivering sustainable, future-ready workspaces tailored to modern business needs.

HUYA vs KRC — Head-to-Head

Bigger by revenue
KRC
KRC
1.1× larger
KRC
$272.2M
$237.1M
HUYA
Higher net margin
KRC
KRC
5.7% more per $
KRC
6.3%
0.6%
HUYA
Faster 2-yr revenue CAGR
HUYA
HUYA
Annualised
HUYA
2.5%
-1.2%
KRC

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
HUYA
HUYA
KRC
KRC
Revenue
$237.1M
$272.2M
Net Profit
$1.3M
$17.1M
Gross Margin
13.4%
Operating Margin
-0.8%
Net Margin
0.6%
6.3%
Revenue YoY
-5.0%
Net Profit YoY
-73.7%
EPS (diluted)
$0.11

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
KRC
KRC
Q4 25
$272.2M
Q3 25
$237.1M
$279.7M
Q2 25
$218.8M
$289.9M
Q1 25
$207.9M
$270.8M
Q4 24
$286.4M
Q3 24
$219.1M
$289.9M
Q2 24
$212.1M
$280.7M
Q1 24
$208.3M
$278.6M
Net Profit
HUYA
HUYA
KRC
KRC
Q4 25
$17.1M
Q3 25
$1.3M
$162.3M
Q2 25
$-766.0K
$79.6M
Q1 25
$128.0K
$43.7M
Q4 24
$65.0M
Q3 24
$3.4M
$57.7M
Q2 24
$4.1M
$54.5M
Q1 24
$9.8M
$55.7M
Gross Margin
HUYA
HUYA
KRC
KRC
Q4 25
Q3 25
13.4%
Q2 25
13.5%
Q1 25
12.5%
Q4 24
Q3 24
13.2%
Q2 24
13.9%
Q1 24
14.7%
Operating Margin
HUYA
HUYA
KRC
KRC
Q4 25
Q3 25
-0.8%
Q2 25
-1.5%
Q1 25
-4.0%
Q4 24
Q3 24
-2.1%
Q2 24
-1.7%
Q1 24
-2.6%
Net Margin
HUYA
HUYA
KRC
KRC
Q4 25
6.3%
Q3 25
0.6%
58.0%
Q2 25
-0.4%
27.4%
Q1 25
0.1%
16.1%
Q4 24
22.7%
Q3 24
1.5%
19.9%
Q2 24
1.9%
19.4%
Q1 24
4.7%
20.0%
EPS (diluted)
HUYA
HUYA
KRC
KRC
Q4 25
$0.11
Q3 25
$1.31
Q2 25
$0.57
Q1 25
$0.33
Q4 24
$0.50
Q3 24
$0.44
Q2 24
$0.41
Q1 24
$0.42

Balance Sheet & Financial Strength

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

Metric
HUYA
HUYA
KRC
KRC
Cash + ST InvestmentsLiquidity on hand
$102.0M
$179.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$709.9M
$5.4B
Total Assets
$960.3M
$10.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HUYA
HUYA
KRC
KRC
Q4 25
$179.3M
Q3 25
$102.0M
$372.4M
Q2 25
$69.7M
$193.1M
Q1 25
$40.9M
$146.7M
Q4 24
$165.7M
Q3 24
$156.1M
$625.4M
Q2 24
$138.4M
$835.9M
Q1 24
$75.1M
$855.0M
Stockholders' Equity
HUYA
HUYA
KRC
KRC
Q4 25
$5.4B
Q3 25
$709.9M
$5.5B
Q2 25
$704.3M
$5.4B
Q1 25
$711.2M
$5.4B
Q4 24
$5.4B
Q3 24
$1.1B
$5.4B
Q2 24
$1.3B
$5.4B
Q1 24
$1.3B
$5.4B
Total Assets
HUYA
HUYA
KRC
KRC
Q4 25
$10.9B
Q3 25
$960.3M
$11.0B
Q2 25
$928.0M
$10.9B
Q1 25
$1.3B
$10.9B
Q4 24
$10.9B
Q3 24
$1.6B
$11.4B
Q2 24
$1.6B
$11.5B
Q1 24
$1.7B
$11.6B

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
KRC
KRC
Operating Cash FlowLast quarter
$566.3M
Free Cash FlowOCF − Capex
$450.3M
FCF MarginFCF / Revenue
165.4%
Capex IntensityCapex / Revenue
42.6%
Cash ConversionOCF / Net Profit
33.10×
TTM Free Cash FlowTrailing 4 quarters
$833.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HUYA
HUYA
KRC
KRC
Q4 25
$566.3M
Q3 25
$176.6M
Q2 25
$143.7M
Q1 25
$136.9M
Q4 24
$541.1M
Q3 24
$176.3M
Q2 24
$88.7M
Q1 24
$167.9M
Free Cash Flow
HUYA
HUYA
KRC
KRC
Q4 25
$450.3M
Q3 25
$148.7M
Q2 25
$118.4M
Q1 25
$115.6M
Q4 24
$440.8M
Q3 24
$147.2M
Q2 24
$69.5M
Q1 24
$151.9M
FCF Margin
HUYA
HUYA
KRC
KRC
Q4 25
165.4%
Q3 25
53.1%
Q2 25
40.9%
Q1 25
42.7%
Q4 24
153.9%
Q3 24
50.8%
Q2 24
24.7%
Q1 24
54.5%
Capex Intensity
HUYA
HUYA
KRC
KRC
Q4 25
42.6%
Q3 25
10.0%
Q2 25
8.7%
Q1 25
7.9%
Q4 24
35.0%
Q3 24
10.1%
Q2 24
6.8%
Q1 24
5.7%
Cash Conversion
HUYA
HUYA
KRC
KRC
Q4 25
33.10×
Q3 25
1.09×
Q2 25
1.81×
Q1 25
3.13×
Q4 24
8.32×
Q3 24
3.06×
Q2 24
1.63×
Q1 24
3.01×

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%

KRC
KRC

Segment breakdown not available.

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