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Side-by-side financial comparison of HUYA Inc. (HUYA) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.

HUYA Inc. is the larger business by last-quarter revenue ($237.1M vs $124.7M, roughly 1.9× SMITH & WESSON BRANDS, INC.). SMITH & WESSON BRANDS, INC. runs the higher net margin — 1.5% vs 0.6%, a 1.0% gap on every dollar of revenue. Over the past eight quarters, HUYA Inc.'s revenue compounded faster (2.5% CAGR vs -4.8%).

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.

Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.

HUYA vs SWBI — Head-to-Head

Bigger by revenue
HUYA
HUYA
1.9× larger
HUYA
$237.1M
$124.7M
SWBI
Higher net margin
SWBI
SWBI
1.0% more per $
SWBI
1.5%
0.6%
HUYA
Faster 2-yr revenue CAGR
HUYA
HUYA
Annualised
HUYA
2.5%
-4.8%
SWBI

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
HUYA
HUYA
SWBI
SWBI
Revenue
$237.1M
$124.7M
Net Profit
$1.3M
$1.9M
Gross Margin
13.4%
24.3%
Operating Margin
-0.8%
3.3%
Net Margin
0.6%
1.5%
Revenue YoY
-3.9%
Net Profit YoY
-53.6%
EPS (diluted)
$0.04

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
SWBI
SWBI
Q4 25
$124.7M
Q3 25
$237.1M
$85.1M
Q2 25
$218.8M
$140.8M
Q1 25
$207.9M
$115.9M
Q4 24
$129.7M
Q3 24
$219.1M
$88.3M
Q2 24
$212.1M
$159.1M
Q1 24
$208.3M
$137.5M
Net Profit
HUYA
HUYA
SWBI
SWBI
Q4 25
$1.9M
Q3 25
$1.3M
$-3.4M
Q2 25
$-766.0K
$8.6M
Q1 25
$128.0K
$2.1M
Q4 24
$4.5M
Q3 24
$3.4M
$-1.9M
Q2 24
$4.1M
$27.9M
Q1 24
$9.8M
$7.9M
Gross Margin
HUYA
HUYA
SWBI
SWBI
Q4 25
24.3%
Q3 25
13.4%
25.9%
Q2 25
13.5%
28.8%
Q1 25
12.5%
24.1%
Q4 24
26.6%
Q3 24
13.2%
27.4%
Q2 24
13.9%
35.5%
Q1 24
14.7%
28.7%
Operating Margin
HUYA
HUYA
SWBI
SWBI
Q4 25
3.3%
Q3 25
-0.8%
-3.5%
Q2 25
-1.5%
9.3%
Q1 25
-4.0%
4.1%
Q4 24
5.8%
Q3 24
-2.1%
-1.7%
Q2 24
-1.7%
17.4%
Q1 24
-2.6%
8.2%
Net Margin
HUYA
HUYA
SWBI
SWBI
Q4 25
1.5%
Q3 25
0.6%
-4.0%
Q2 25
-0.4%
6.1%
Q1 25
0.1%
1.8%
Q4 24
3.5%
Q3 24
1.5%
-2.1%
Q2 24
1.9%
17.5%
Q1 24
4.7%
5.7%
EPS (diluted)
HUYA
HUYA
SWBI
SWBI
Q4 25
$0.04
Q3 25
$-0.08
Q2 25
$0.19
Q1 25
$0.05
Q4 24
$0.10
Q3 24
$-0.04
Q2 24
$0.60
Q1 24
$0.17

Balance Sheet & Financial Strength

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

Metric
HUYA
HUYA
SWBI
SWBI
Cash + ST InvestmentsLiquidity on hand
$102.0M
$22.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$709.9M
$363.2M
Total Assets
$960.3M
$548.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HUYA
HUYA
SWBI
SWBI
Q4 25
$22.4M
Q3 25
$102.0M
$18.0M
Q2 25
$69.7M
$25.2M
Q1 25
$40.9M
$26.7M
Q4 24
$39.1M
Q3 24
$156.1M
$35.5M
Q2 24
$138.4M
$60.8M
Q1 24
$75.1M
$47.4M
Stockholders' Equity
HUYA
HUYA
SWBI
SWBI
Q4 25
$363.2M
Q3 25
$709.9M
$364.4M
Q2 25
$704.3M
$372.5M
Q1 25
$711.2M
$366.9M
Q4 24
$371.5M
Q3 24
$1.1B
$380.0M
Q2 24
$1.3B
$399.9M
Q1 24
$1.3B
$376.4M
Total Assets
HUYA
HUYA
SWBI
SWBI
Q4 25
$548.6M
Q3 25
$960.3M
$554.6M
Q2 25
$928.0M
$559.6M
Q1 25
$1.3B
$578.9M
Q4 24
$587.4M
Q3 24
$1.6B
$571.3M
Q2 24
$1.6B
$577.4M
Q1 24
$1.7B
$570.6M

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
SWBI
SWBI
Operating Cash FlowLast quarter
$27.3M
Free Cash FlowOCF − Capex
$16.3M
FCF MarginFCF / Revenue
13.1%
Capex IntensityCapex / Revenue
8.8%
Cash ConversionOCF / Net Profit
14.22×
TTM Free Cash FlowTrailing 4 quarters
$21.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HUYA
HUYA
SWBI
SWBI
Q4 25
$27.3M
Q3 25
$-8.1M
Q2 25
$40.8M
Q1 25
$-9.8M
Q4 24
$-7.4M
Q3 24
$-30.8M
Q2 24
$43.7M
Q1 24
$25.2M
Free Cash Flow
HUYA
HUYA
SWBI
SWBI
Q4 25
$16.3M
Q3 25
$-12.4M
Q2 25
$33.5M
Q1 25
$-16.1M
Q4 24
$-10.7M
Q3 24
$-35.5M
Q2 24
$38.2M
Q1 24
$7.0M
FCF Margin
HUYA
HUYA
SWBI
SWBI
Q4 25
13.1%
Q3 25
-14.6%
Q2 25
23.8%
Q1 25
-13.9%
Q4 24
-8.3%
Q3 24
-40.2%
Q2 24
24.0%
Q1 24
5.1%
Capex Intensity
HUYA
HUYA
SWBI
SWBI
Q4 25
8.8%
Q3 25
5.0%
Q2 25
5.2%
Q1 25
5.4%
Q4 24
2.5%
Q3 24
5.3%
Q2 24
3.5%
Q1 24
13.2%
Cash Conversion
HUYA
HUYA
SWBI
SWBI
Q4 25
14.22×
Q3 25
Q2 25
4.73×
Q1 25
-4.68×
Q4 24
-1.63×
Q3 24
Q2 24
1.57×
Q1 24
3.20×

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%

SWBI
SWBI

Segment breakdown not available.

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