Hello Group (MOMO) Revenue & Revenue Breakdown


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Hello Group Revenue Highlights


Latest Revenue (Y)

$12.00B

Latest Revenue (Q)

$2.56B

Main Segment (Y)

Live Video Service

Hello Group Revenue by Period


Hello Group Revenue by Year

DateRevenueChange
2023-12-31$12.00B-5.52%
2022-12-31$12.70B-12.84%
2021-12-31$14.58B-2.98%
2020-12-31$15.02B-11.70%
2019-12-31$17.02B26.90%
2018-12-31$13.41B55.79%
2017-12-31$8.61B124.09%
2016-12-31$3.84B341.54%
2015-12-31$869.83M213.32%
2014-12-31$277.62M1364.04%
2013-12-31$18.96M100.00%
2012-12-31--

Hello Group generated $12.00B in revenue during NA 2023, up -5.52% compared to the previous quarter, and up 89.51% compared to the same period a year ago.

Hello Group Revenue by Quarter

DateRevenueChange
2024-03-31$2.56B-14.74%
2023-12-31$3.00B-1.31%
2023-09-30$3.04B-3.02%
2023-06-30$3.14B11.31%
2023-03-31$2.82B-12.26%
2022-12-31$3.21B-0.63%
2022-09-30$3.23B3.94%
2022-06-30$3.11B-1.20%
2022-03-31$3.15B-14.32%
2021-12-31$3.67B-2.26%
2021-09-30$3.76B2.38%
2021-06-30$3.67B5.79%
2021-03-31$3.47B-8.55%
2020-12-31$3.80B0.76%
2020-09-30$3.77B-2.63%
2020-06-30$3.87B7.63%
2020-03-31$3.59B-23.33%
2019-12-31$4.69B5.31%
2019-09-30$4.45B7.20%
2019-06-30$4.15B11.54%
2019-03-31$3.72B-3.15%
2018-12-31$3.84B4.29%
2018-09-30$3.69B12.51%
2018-06-30$3.28B19.76%
2018-03-31$2.74B8.45%
2017-12-31$2.52B6.77%
2017-09-30$2.36B11.49%
2017-06-30$2.12B15.95%
2017-03-31$1.83B6.94%
2016-12-31$1.71B63.13%
2016-09-30$1.05B59.40%
2016-06-30$657.23M99.59%
2016-03-31$329.29M28.54%
2015-12-31$256.18M7.40%
2015-09-30$238.52M24.97%
2015-06-30$190.86M16.78%
2015-03-31$163.43M40.35%
2014-12-31$116.45M53.69%
2014-09-30$75.77M44.31%
2014-06-30$52.50M55.37%
2014-03-31$33.79M142.20%
2013-12-31$13.95M178.48%
2013-09-30$5.01M-

Hello Group generated $2.56B in revenue during Q1 2024, up -14.74% compared to the previous quarter, and up 79.70% compared to the same period a year ago.

Hello Group Revenue Breakdown


Hello Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Value-added Services$5.09B$823.72M$1.13B$1.37B$1.26B
Other Services$16.34M$1.23M$5.33M$24.75M$14.37M
Mobile Marketing$109.13M$124.96M$159.01M$198.20M$331.82M
Mobile Games$19.61M$55.73M$47.71M$39.56M$92.45M
Live Video Service$5.57B$544.14M$903.14M$998.77M$12.45B

Hello Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Live Video Service (51.56%), Value-added Services (47.09%), Mobile Marketing (1.01%), Mobile Games (0.18%), and Other Services (0.15%).

Hello Group Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BIDUBaidu$134.60B$31.51B
TMETencent Music Entertainment Group$27.75B$6.77B
MOMOHello Group$12.00B$2.56B
ATHMAutohome$7.18B$1.61B
DOYUDouYu$5.53B$1.04B
ZHZhihu$4.20B$960.86M
YYJOYY$2.27B$564.56M
WBWeibo$1.76B$395.50M
YELPYelp$1.34B$357.02M

MOMO Revenue FAQ


Hello Group's yearly revenue for 2023 was $12B, representing a decrease of -5.52% compared to 2022. The company's yearly revenue for 2022 was $12.7B, representing a decrease of -12.84% compared to 2021. MOMO's yearly revenue for 2021 was $14.58B, representing a decrease of -2.98% compared to 2020.

Hello Group's quarterly revenue for Q1 2024 was $2.56B, a -14.74% decrease from the previous quarter (Q4 2023), and a -9.17% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $3B, a -1.31% decrease from the previous quarter (Q3 2023), and a -6.53% decrease year-over-year (Q4 2022). MOMO's quarterly revenue for Q3 2023 was $3.04B, a -3.02% decrease from the previous quarter (Q2 2023), and a -5.88% decrease year-over-year (Q3 2022).

Hello Group's revenue growth rate for the last 3 years (2021-2023) was -17.66%, and for the last 5 years (2019-2023) was -29.46%.

Hello Group's revenue streams in c 23 are Value-added Services, Other Services, Mobile Marketing, Mobile Games, and Live Video Service. Value-added Services generated $5.09B in revenue, accounting 47.09% of the company's total revenue, up 517.39% year-over-year. Other Services generated $16.34M in revenue, accounting 0.15% of the company's total revenue, up 1233.63% year-over-year. Mobile Marketing generated $109.12M in revenue, accounting 1.01% of the company's total revenue, down -12.67% year-over-year. Mobile Games generated $19.61M in revenue, accounting 0.18% of the company's total revenue, down -64.81% year-over-year. Live Video Service generated $5.57B in revenue, accounting 51.56% of the company's total revenue, up 923.25% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Hello Group was Live Video Service. This segment made a revenue of $5.57B, representing 51.56% of the company's total revenue.