Hello Group swings to Q2 profit as revenue falls

Hello Group posts a profit and stronger cash flow despite declining revenue and guides to further year-over-year revenue pressure in Q3 2026.

Rhea-AI Filing Summary

Hello Group Inc. (MOMO) reported lower revenue but a strong earnings rebound for the quarter ended June 30, 2026. Total net revenues were RMB2,486.0 million, down 5.1% year over year, as value-added services declined amid macro headwinds and softer Momo and Tantan performance in Chinese mainland, partly offset by growth in overseas apps.

Income from operations fell to RMB238.0 million from RMB403.5 million, but net income swung to a profit of RMB238.4 million compared with a loss of RMB139.4 million a year earlier, helped by sharply lower income tax expenses and higher income from equity-method investments. Operating cash flow improved to RMB642.3 million from RMB250.1 million. For the first half of 2026, net income attributable to shareholders rose to RMB528.5 million from RMB217.8 million.

The company continues to return capital via its Share Repurchase Program, having repurchased 68.0 million ADSs for US$424.1 million at an average price of US$6.22, with US$62.0 million remaining under the authorization. For the third quarter of 2026, Hello Group expects total net revenues between RMB2.4 billion and RMB2.5 billion, implying a year-over-year decline of 9.4% to 5.7%.

Positive

• Net income swung to a profit of RMB238.4 million in Q2 2026 from a loss of RMB139.4 million a year earlier, with non-GAAP net income at RMB274.8 million versus a non-GAAP loss of RMB95.2 million.
• Operating cash flow strengthened to RMB642.3 million in Q2 2026 from RMB250.1 million in Q2 2025, and to RMB801.3 million for the first half of 2026 from RMB489.9 million a year earlier.
• First-half profitability improved, with net income attributable to shareholders rising to RMB528.5 million (non-GAAP RMB602.7 million) in the first half of 2026 from RMB217.8 million (non-GAAP RMB307.7 million) in 2025.
• Substantial capital return via buybacks, with 68.0 million ADSs repurchased for US$424.1 million at an average price of US$6.22, and US$62.0 million still available under the program.

Negative

• Revenue is contracting: Q2 2026 net revenues declined 5.1% year over year to RMB2,486.0 million, while value-added service revenues fell 5.4%.
• Profitability from operations weakened, as income from operations dropped to RMB238.0 million in Q2 2026 from RMB403.5 million in Q2 2025, with non-GAAP operating income down to RMB276.1 million from RMB447.7 million.
• Outlook signals further top-line pressure, with Q3 2026 revenue guidance of RMB2.4–2.5 billion implying a year-over-year decline of 9.4% to 5.7%.

Filing Explained

Effective September 3, 2026, Hello Group’s board appointed Jianhua Wen as chief operating officer, and he ceased serving as chief technology officer, changing the company’s disclosed operating leadership.

Key Figures

Total net revenues Q2 2026: RMB2,486.0 million Net income Q2 2026: RMB238.4 million Non-GAAP net income Q2 2026: RMB274.8 million +5 more

8 metrics

Total net revenues Q2 2026 RMB2,486.0 million Quarter ended June 30, 2026; down 5.1% from RMB2,620.4 million in Q2 2025

Net income Q2 2026 RMB238.4 million Quarter ended June 30, 2026; compared with net loss of RMB139.4 million in Q2 2025

Non-GAAP net income Q2 2026 RMB274.8 million Quarter ended June 30, 2026; versus non-GAAP net loss of RMB95.2 million in Q2 2025

Operating cash flow Q2 2026 RMB642.3 million Net cash provided by operating activities in Q2 2026; up from RMB250.1 million in Q2 2025

Cash and investments balance RMB8,542.4 million Cash, cash equivalents, short-term deposits, short-term investments, short-term restricted cash and long-term deposits as of June 30, 2026

Share repurchases to date 68.0 million ADSs for US$424.1 million Repurchased on the open market under the Share Repurchase Program as of September 3, 2026; average price US$6.22 per ADS

Q3 2026 revenue guidance range RMB2.4–2.5 billion Expected total net revenues for the third quarter of 2026; implies a 9.4% to 5.7% year-over-year decline

First-half 2026 net income attributable to shareholders RMB528.5 million Six months ended June 30, 2026; up from RMB217.8 million in the same period of 2025

Key Terms

value-added service revenues, non-GAAP net income, equity method investments, withholding tax, +2 more

6 terms

value-added service revenues financial

"Total value-added service revenues were RMB2,439.6 million in the second quarter of 2026"

Value-added service revenues are the money a company earns from extra services or features sold on top of its main product, like premium support, data tools, or subscription add-ons. For investors, these revenues matter because they often carry higher profit margins, signal stronger customer engagement, and can reduce reliance on a single product line—think of a phone seller making steady income from app subscriptions in addition to device sales.

non-GAAP net income financial

"Non-GAAP net income was RMB274.8 million in the second quarter of 2026"

Non-GAAP net income is a company's profit figure that excludes certain costs or income that are included in standard accounting methods. Companies often use it to show what their earnings might look like without one-time expenses or other unusual items, helping investors see the company's core performance more clearly.

equity method investments financial

"Share of income on equity method investments was RMB41.5 million"

An equity method investment is an accounting approach used when a company owns a significant share of another company and can influence its decisions but does not fully control it; instead of listing the investment at cost, the investor records its share of the other company's profits or losses on its own income statement and adjusts the investment value on the balance sheet. For investors, this matters because it links the investor’s reported earnings and asset values directly to the financial performance of that partly-owned business, similar to how a partner’s gains affect a small business owner’s books.

withholding tax regulatory

"accrual of an additional withholding tax of RMB547.9 million related to dividends"

Withholding tax is a government-required portion of a payment—such as dividends, interest, or salary—that the payer keeps back and sends directly to tax authorities before the recipient receives the money. For investors it reduces the cash they actually get and changes the after-tax return on an investment; rates and refund or credit rules vary by country and can materially affect comparisons between similar investments, like a cashier holding part of a bill to cover taxes.

Share Repurchase Program financial

"the Company has repurchased 68.0 million ADSs for US$424.1 million on the open market under the Share Repurchase Program"

A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.

forward-looking statements regulatory

"This news release contains “forward-looking” statements within the meaning of Section 27A"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Earnings Snapshot

Total net revenues: RMB2,486.0 million · Guidance included

quarter ended June 30, 2026

Total net revenues RMB2,486.0 million Decreased 5.1% from RMB2,620.4 million in the second quarter of 2025

Income from operations RMB238.0 million Decreased from RMB403.5 million in the second quarter of 2025

Net income RMB238.4 million Improved from a net loss of RMB139.4 million in the second quarter of 2025

Non-GAAP net income RMB274.8 million Improved from a non-GAAP net loss of RMB95.2 million in the second quarter of 2025

Diluted net income per ADS RMB1.52 (US$0.22) Improved from a diluted net loss per ADS of RMB0.84 in the second quarter of 2025

Net cash from operating activities RMB642.3 million Increased from RMB250.1 million in the second quarter of 2025

Guidance

For the third quarter of 2026, total net revenues are expected to be between RMB2.4 billion and RMB2.5 billion, representing a year-over-year decrease of 9.4% to 5.7%.

FAQ

How did Hello Group Inc. (MOMO) perform financially in Q2 2026?

Hello Group reported Q2 2026 net revenues of RMB2,486.0 million, down 5.1% year over year, but delivered net income of RMB238.4 million compared with a loss of RMB139.4 million in Q2 2025. Non-GAAP net income was RMB274.8 million, versus a non-GAAP loss of RMB95.2 million.

What were Hello Group Inc. (MOMO)’s earnings per ADS in Q2 2026?

Diluted net income per ADS in Q2 2026 was RMB1.52 (US$0.22), compared with a diluted net loss per ADS of RMB0.84 in Q2 2025. Non-GAAP diluted net income per ADS was RMB1.75 (US$0.26), versus a non-GAAP diluted net loss per ADS of RMB0.58 a year earlier.

How are Hello Group Inc. (MOMO)’s revenues trending by geography?

Chinese mainland net revenues decreased from RMB2,177.9 million in Q2 2025 to RMB1,813.3 million in Q2 2026. Overseas net revenues increased from RMB442.4 million to RMB672.7 million, driven by new audio- and video-based products in the MENA region and dating brands outside MENA.

What revenue guidance did Hello Group Inc. (MOMO) give for Q3 2026?

For Q3 2026, Hello Group expects total net revenues between RMB2.4 billion and RMB2.5 billion, representing a year-over-year decrease of 9.4% to 5.7%. The company states this outlook reflects current and preliminary views on market and operational conditions.

How strong is Hello Group Inc. (MOMO)’s cash position and cash flow?

As of June 30, 2026, Hello Group held RMB8,542.4 million in cash, cash equivalents, short-term deposits, short-term investments, short-term restricted cash and long-term deposits. Net cash from operating activities reached RMB642.3 million in Q2 2026 and RMB801.3 million in the first half of 2026.

What progress has Hello Group Inc. (MOMO) made on its share repurchase program?

As of September 3, 2026, Hello Group had repurchased 68.0 million ADSs for US$424.1 million on the open market at an average price of US$6.22 per ADS. The remaining authorized size under the program is US$62.0 million.

Did Hello Group Inc. (MOMO) announce any management changes?

The board appointed Jianhua Wen as chief operating officer, effective September 3, 2026. In connection with this, he will cease serving as chief technology officer. He has been CTO since April 2024 and has held various technology leadership roles at the company since 2011.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/03/2026 - 06:18 AM Accepted by SEC EDGAR 09/03/2026 - 06:18 AM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2026

Commission File Number: 001-36765

Hello Group Inc.

Building 203, Block A10

Jiuxianqiao North Road

Chaoyang District, Beijing 100015

People’s Republic of China

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒    Form 40-F ☐

Exhibit Index

Exhibit 99.1—Press Release

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Hello Group Inc.
By:		/s/ Cathy Hui Peng
Name:		Cathy Hui Peng
Title:		Chief Financial Officer

Date: September 3, 2026

Exhibit 99.1

Hello Group Inc. Announces Unaudited Financial Results for the Second Quarter of 2026

BEIJING, CHINA, September 3, 2026 – Hello Group Inc. (NASDAQ: MOMO) (“Hello Group” or the “Company”), a leading player in Asia’s online social networking space, today announced its unaudited financial results for the second quarter of 2026.

Second Quarter of 2026 Highlights

• Net revenues decreased by 5.1% year over year to RMB2,486.0 million (US$366.4 million^*) in the second quarter of 2026.

• Net revenues from overseas increased by 52.0% year over year to RMB672.7 million (US$99.1 million) in the second quarter of 2026.

• Net income attributable to the shareholders of Hello Group Inc. was RMB237.4 million (US$35.0 million) in the second quarter of 2026, compared to a net loss of RMB140.2 million in the same period of 2025.

• Non-GAAP net income attributable to the shareholders of Hello Group Inc. (note 1) was RMB273.9 million (US$40.4 million) in the second quarter of 2026, compared to a net loss of RMB96.0 million in the same period of 2025. In the second quarter of 2025, the Company accrued an additional withholding tax of RMB547.9 million related to dividends paid or payable by its wholly foreign-owned enterprise (“WFOE”) in Chinese mainland to its offshore parent company in Hong Kong, Momo Hong Kong.

• Diluted net income per American Depositary Share (“ADS”) was RMB1.52 (US$0.22) in the second quarter of 2026, compared to a diluted net loss per ADS of RMB0.84 in the same period of 2025.

• Non-GAAP diluted net income per ADS (note 1) was RMB1.75 (US$0.26) in the second quarter of 2026, compared to a diluted net loss per ADS of RMB0.58 in the same period of 2025.

• For Momo app, total paying users were 3.9 million for the second quarter of 2026, compared to 3.5 million for the same period last year, and 3.7 million for the previous quarter. Tantan had 0.5 million paying users for the second quarter of 2026 compared to 0.7 million for the same period last year and 0.6 million for the previous quarter.

First Half of 2026 Highlights

• Net revenues decreased by 5.2% year over year to RMB4,872.0 million (US$718.0 million) for the first half of 2026.

• Net revenues from overseas increased by 48.2% year over year to RMB1,270.1 million (US$187.2 million) for the first half of 2026.

• Net income attributable to the shareholders of Hello Group Inc. was RMB528.5 million (US$77.9 million) for the first half of 2026, compared to RMB217.8 million during the same period of 2025.

• Non-GAAP net income attributable to the shareholders of Hello Group Inc. (note 1) was RMB602.7 million (US$88.8 million) for the first half of 2026, compared to RMB307.7 million during the same period of 2025.

• Diluted net income per ADS was RMB3.33 (US$0.49) for the first half of 2026, compared to RMB1.27 during the same period of 2025.

^*  This press release contains translations of certain Renminbi amounts into U.S. dollars at specified rate solely for the convenience of readers. Unless otherwise noted, all translations from Renminbi to U.S. dollars, in this press release, were made at a rate of RMB6.7851 to US$1.00, the effective noon buying rate for June 30, 2026 as set forth in the H.10 statistical release of the Federal Reserve Board.

1

• Non-GAAP diluted net income per ADS (note 1) was RMB3.80 (US$0.56) for the first half of 2026, compared to RMB1.80 during the same period of 2025.

“The Group maintained steady business momentum in the second quarter of 2026,” commented Yan Tang, Chairman and CEO of Hello Group. “On the domestic front, Momo navigated external headwinds to sustain the healthy performance of our cash-cow business, while Tantan continued to strengthen its AI capabilities to enhance user experience and monetization efficiency. Overseas, our product portfolio shifted from single-product reliance to more balanced and diversified growth, with growing synergies across the portfolio.”

Second Quarter of 2026 Financial Results

Net revenues

Total net revenues were RMB2,486.0 million (US$366.4 million) in the second quarter of 2026, a decrease of 5.1% from RMB2,620.4 million in the second quarter of 2025.

Value-added service revenues mainly include virtual gift revenues from various audio, video and text-based scenarios, and membership subscription revenues. Total value-added service revenues were RMB2,439.6 million (US$359.6 million) in the second quarter of 2026, a decrease of 5.4% from RMB2,579.3 million during the same period of 2025. The decrease was primarily due to (a) external factors that influenced the operational focus of certain broadcasters and agencies on Momo app, which are still in recovery; (b) weak consumer sentiment due to macro headwinds; and (c) to a lesser extent, a decline in Tantan resulting from a decline in user base. The decrease was partially offset by the revenue growth from our overseas apps, driven by the rapid expansion from multiple social entertainment and dating brands across our rich portfolio.

Other services revenues were RMB46.4 million (US$6.8 million) in the second quarter of 2026, compared to RMB41.1 million during the same period of 2025.

Net revenues from Chinese mainland decreased from RMB2,177.9 million in the second quarter of 2025 to RMB1,813.3 million (US$267.2 million) in the second quarter of 2026, primarily due to the decrease in net revenues from Momo app and Tantan app. Net revenues from overseas increased from RMB442.4 million in the second quarter of 2025 to RMB672.7 million (US$99.1 million) in the second quarter of 2026, driven by the growth of new audio- and video-based products in the Middle East and North Africa (“MENA”) region, along with incremental revenue from dating brands outside of MENA.

Cost and expenses

Cost and expenses were RMB2,260.3 million (US$333.1 million) in the second quarter of 2026, an increase of 1.5% from RMB2,227.7 million in the second quarter of 2025. The increase was primarily attributable to: (a) an increase of RMB56.8 million (US$8.4 million) in production costs in connection with films; (b) increased marketing investments in our new overseas apps, partially offset by continued reductions in marketing expenses for our China apps; and (c) increased payment channel costs due to the growth of overseas businesses, which incur higher payment channel costs as a percentage of revenue. The increase was further partially offset by lower revenue-sharing costs with broadcasters on Momo app, despite higher revenue-sharing costs with virtual gift recipients on our overseas apps.

2

Non-GAAP cost and expenses (note 1) were RMB2,222.3 million (US$327.5 million) in the second quarter of 2026, compared to RMB2,183.6 million during the same period of 2025.

Income from operations

Income from operations was RMB238.0 million (US$35.1 million) in the second quarter of 2026, compared to RMB403.5 million during the same period of 2025.

Non-GAAP income from operations (note 1) was RMB276.1 million (US$40.7 million) in the second quarter of 2026, compared to RMB447.7 million during the same period of 2025.

Interest income

Interest income was RMB53.6 million (US$7.9 million) in the second quarter of 2026, compared to RMB105.5 million during the same period of 2025. The decrease was primarily attributable to: (a) a reduction in the total volume of interest-bearing funds, as a result of bank loan repayments, the distribution of a special cash dividend, settlement of withholding tax accrued for prior periods, certain acquisitions and investments, and payment under the Company’s Share Repurchase Program; (b) a lower proportion of high-yield US dollar funds in the total funds; and (c) a drop in the yield of both US dollar and RMB funds due to falling market interest rates.

Other gain or loss, net

Other gain or loss, net was a net loss of RMB25.1 million (US$3.7 million) in the second quarter of 2026, primarily consisting of losses from unrealized fair value changes in short-term investments, mainly including paper gold.

Income tax expenses

Income tax expenses were RMB69.6 million (US$10.3 million) in the second quarter of 2026, compared to RMB638.4 million in the second quarter of 2025. The decrease was primarily attributable to the Company’s accrual of an additional withholding tax of RMB547.9 million related to dividends paid or payable by its wholly foreign-owned enterprise (“WFOE”) in Chinese mainland to its offshore parent company, Momo Hong Kong, in the second quarter of 2025.

Share of income on equity method investments

Share of income on equity method investments was RMB41.5 million (US$6.1 million) in the second quarter of 2026, compared to RMB13.4 million during the same period of 2025. The increase was primarily attributable to a higher unrealized gain in fair value change of an investment fund.

Net income (loss)

Net income was RMB238.4 million (US$35.1 million) in the second quarter of 2026, compared to a net loss of RMB139.4 million during the same period of 2025.

Non-GAAP net income (note 1) was RMB274.8 million (US$40.5 million) in the second quarter of 2026, compared to a net loss of RMB95.2 million during the same period of 2025.

3

Net income (loss) attributable to the shareholders of Hello Group Inc.

Net income attributable to the shareholders of Hello Group Inc. was RMB237.4 million (US$35.0 million) in the second quarter of 2026, compared to a net loss of RMB140.2 million during the same period of 2025.

Non-GAAP net income (note 1) attributable to the shareholders of Hello Group Inc. was RMB273.9 million (US$40.4 million) in the second quarter of 2026, compared to a net loss of RMB96.0 million during the same period of 2025.

Net income (loss) per ADS

Diluted net income per ADS was RMB1.52 (US$0.22) in the second quarter of 2026, compared to a diluted net loss per ADS of RMB0.84 in the second quarter of 2025.

Non-GAAP diluted net income per ADS (note 1) was RMB1.75 (US$0.26) in the second quarter of 2026, compared to a diluted net loss per ADS of RMB0.58 in the second quarter of 2025.

Cash and cash flow

As of June 30, 2026, the Company’s cash, cash equivalents, short-term deposits, short-term investments, short-term restricted cash and long-term deposits totaled RMB8,542.4 million (US$1,259.0 million), compared to RMB8,677.6 million as of December 31, 2025.

Net cash provided by operating activities in the second quarter of 2026 was RMB642.3 million (US$94.7 million), compared to RMB250.1 million in the second quarter of 2025.

First Half of 2026 Financial Results

Net revenues for the first half of 2026 were RMB4,872.0 million (US$718.0 million), a decrease of 5.2% from RMB5,141.2 million in the same period of 2025.

Net income attributable to the shareholders of Hello Group Inc. was RMB528.5 million (US$77.9 million) for the first half of 2026, compared to RMB217.8 million during the same period of 2025.

Non-GAAP net income attributable to the shareholders of Hello Group Inc. (note 1) was RMB602.7 million (US$88.8 million) for the first half of 2026, compared to RMB307.7 million during the same period of 2025.

Diluted net income per ADS was RMB3.33 (US$0.49) during the first half of 2026, compared to RMB1.27 in the same period of 2025.

Non-GAAP diluted net income per ADS (note 1) was RMB3.80 (US$0.56) during the first half of 2026, compared to RMB1.80 in the same period of 2025.

Net cash provided by operating activities was RMB801.3 million (US$118.1 million) during the first half of 2026, compared to RMB489.9 million in the same period of 2025.

4

Recent Development

Share repurchase program

As of September 3, 2026, the Company has repurchased 68.0 million ADSs for US$424.1 million on the open market under the Share Repurchase Program announced on June 7, 2022 and amended on March 14, 2024 and March 12, 2025, at an average purchase price of US$6.22 per ADS. The remaining size of the program is US$62.0 million.

Appointment of New Chief Operating Officer

The board of directors has appointed Mr. Jianhua Wen as the chief operating officer of the Company, effective September 3, 2026. In connection with this appointment, Mr. Wen will cease serving as the chief technology officer of the Company on the same date.

Mr. Wen served as the chief technology officer of the Company from April 2024 to September 2026. He joined the Company in August 2011 and, prior to his appointment as the chief technology officer, held various positions, including development engineer, technical director and vice president of technology, overseeing the Company’s app development and AI department. Before joining the Company, Mr. Wen served as a development engineer at Huawen Group from July 2010 to June 2011.

Business Outlook

For the third quarter of 2026, the Company expects total net revenues to be between RMB2.4 billion and RMB2.5 billion, representing a decrease of 9.4% to 5.7% year over year. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, which are subject to change.

Note 1: Non-GAAP measures

To supplement our consolidated financial statements presented in accordance with U.S. generally accepted accounting principles (“GAAP”), we, Hello Group, use various non-GAAP financial measures that are adjusted from the most comparable GAAP results to exclude share-based compensation, amortization of intangible assets from business acquisitions and tax impacts related to the amortization of intangible assets from business acquisitions.

Reconciliations of our non-GAAP financial measures to our U.S. GAAP financial measures are shown in tables at the end of this earnings release, which provide more details about the non-GAAP financial measures.

Our non-GAAP financial information is provided as additional information to help investors compare business trends among different reporting periods on a consistent basis and to enhance investors’ overall understanding of the historical and current financial performance of our continuing operations and our prospects for the future. Our non-GAAP financial information should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for or superior to the GAAP results. In addition, our calculation of the non-GAAP financial measures may be different from the calculation used by other companies, and therefore comparability may be limited.

5

Our non-GAAP information (including non-GAAP cost and operating expenses, income from operations, net income (loss), net income (loss) attributable to the shareholders of Hello Group Inc., and diluted net income (loss) per ADS) is adjusted from the most comparable GAAP results to exclude share-based compensation, amortization of intangible assets from business acquisitions, and tax impacts related to the amortization of intangible assets from business acquisitions. A limitation of using these non-GAAP financial measures is that share-based compensation, amortization of intangible assets from business acquisitions and tax impacts related to the amortization of intangible assets from business acquisitions have been and will continue to be for the foreseeable future significant recurring expenses in our results of operations. We compensate for such limitation by providing reconciliations of our non-GAAP measures to our U.S. GAAP measures. Please see the reconciliation tables at the end of this earnings release.

Conference Call

Hello Group’s management will host an earnings conference call on Thursday, September 3, 2026, at 7:00 a.m. U.S. Eastern Time (7:00 p.m. Beijing / Hong Kong Time on September 3, 2026).

Participants can register for the conference call by navigating to:

https://s1.c-conf.com/diamondpass/10056690-cemk7n.html.

Upon registration, each participant will receive details for the conference call, including dial-in numbers, conference call passcode and a unique access PIN. Please dial in 10 minutes before the call is scheduled to begin.

A telephone replay of the call will be available after the conclusion of the conference call through September 10, 2026. The dial-in details for the replay are as follows:

U.S. / Canada: 1-855-883-1031

Hong Kong: 800-930-639

Passcode: 10056690

Additionally, a live and archived webcast of the conference call will be available on the Investor Relations section of Hello Group’s website at https://ir.hellogroup.com.

About Hello Group Inc.

We are a leading player in Asia’s online social networking space. Through Momo, Tantan and other properties within our product portfolio, we enable users to discover new relationships, expand their social connections and build meaningful interactions. Momo is a mobile application that connects people and facilitates social interactions based on location, interests and a variety of online recreational activities. Tantan, which was added into our family of applications through acquisition in May 2018, is a leading social and dating application. Tantan is designed to help its users find and establish romantic connections as well as meet interesting people. Since 2019, we have continuously expanded our portfolio through internal incubation and strategic acquisitions, adding apps such as Hertz, Soulchill, and Happn. These products target more niche markets and selective user demographics both domestically and internationally, further strengthening our global presence.

For investor and media inquiries, please contact:

Hello Group Inc.

Investor Relations

Phone: +852-3157-1669

Email: ir@hellogroup.com

6

Christensen

In China

Ms. Xiaoyan Su

Phone: +86-10-5900-1548

E-mail: Xiaoyan.Su@christensencomms.com

Safe Harbor Statement

This news release contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include but are not limited to our management quotes, our financial outlook for the third quarter of 2026, as well as the amount of, timing, methods and funding sources for repurchases of our shares under the share repurchase program.

Our forward-looking statements are not historical facts but instead represent only our belief regarding expected results and events, many of which, by their nature, are inherently uncertain and outside of our control. Our actual results and other circumstances may differ, possibly materially, from the anticipated results and events indicated in these forward-looking statements. Announced results for the second quarter of 2026 are preliminary, unaudited and subject to audit adjustment. In addition, we may not meet our financial outlook for the third quarter of 2026 and may be unable to grow our business in the manner planned. We may also modify our strategy for growth. Moreover, there are other risks and uncertainties that could cause our actual results to differ from what we currently anticipate, including those relating to our ability to retain and grow our user base, our ability to attract and retain sufficiently trained professionals to support our operations, our ability to anticipate and develop new services and enhance existing services to meet the demand of our users or customers, the market price of the Company’s stock prevailing from time to time, the nature of other investment opportunities presented to the Company from time to time, the Company’s cash flows from operations, general economic conditions, and other factors. For additional information on these and other important factors that could adversely affect our business, financial condition, results of operations, and prospects, please see our filings with the U.S. Securities and Exchange Commission.

All information provided in this press release and in the attachments is as of the date of the press release. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, after the date of this release, except as required by law. Such information speaks only as of the date of this release.

7

Hello Group Inc.

Unaudited Condensed Consolidated Statement of Operations

(All amounts in thousands, except share and per share data)

		Three months Ended June 30												First half year Ended June 30
		2025 RMB				2026 RMB				2026 US$				2025 RMB				2026 RMB				2026 US$
Net revenues(i):
Value-added service			2,579,292				2,439,625				359,556				5,069,194				4,793,274				706,442
Other services			41,076				46,352				6,832				72,009				78,679				11,595
Total net revenues			2,620,368				2,485,977				366,388				5,141,203				4,871,953				718,037
Cost and expenses:
Cost of revenues			(1,607,712	)			(1,599,304	)			(235,708	)			(3,176,786	)			(3,062,632	)			(451,376	)
Research and development			(183,859	)			(182,949	)			(26,963	)			(379,628	)			(360,055	)			(53,066	)
Sales and marketing			(347,327	)			(388,038	)			(57,190	)			(676,505	)			(731,279	)			(107,777	)
General and administrative			(88,839	)			(90,036	)			(13,270	)			(229,350	)			(195,084	)			(28,752	)
Total cost and expenses			(2,227,737	)			(2,260,327	)			(333,131	)			(4,462,269	)			(4,349,050	)			(640,971	)
Other operating income, net			10,865				12,350				1,820				24,047				24,840				3,661
Income from operations			403,496				238,000				35,077				702,981				547,743				80,727
Interest income			105,513				53,568				7,895				225,851				107,585				15,856
Interest expense			(23,417	)			(29	)			(4	)			(54,076	)			(81	)			(12	)
Other gain or loss, net			(40	)			(25,087	)			(3,697	)			(40	)			(25,982	)			(3,829	)
Income before income tax and share of income on equity method investments			485,552				266,452				39,271				874,716				629,265				92,742
Income tax expenses			(638,390	)			(69,568	)			(10,253	)			(708,796	)			(149,418	)			(22,021	)
(Loss) income before share of income on equity method investments			(152,838	)			196,884				29,018				165,920				479,847				70,721
Share of income on equity method investments			13,427				41,479				6,113				53,158				50,017				7,372
Net (loss) income			(139,411	)			238,363				35,131				219,078				529,864				78,093
Less: net income attributable to non-controlling interest			793				928				137				1,288				1,381				204
Net (loss) income attributable to the shareholders of Hello Group Inc.			(140,204	)			237,435				34,994				217,790				528,483				77,889
Net (loss) income per share attributable to ordinary shareholders
Basic			(0.42	)			0.77				0.11				0.65				1.70				0.25
Diluted			(0.42	)			0.76				0.11				0.64				1.67				0.25
Weighted average shares used in calculating net (loss) income per ordinary share
Basic			332,986,414				308,522,125				308,522,125				335,653,491				311,726,989				311,726,989
Diluted			332,986,414				313,093,175				313,093,175				341,743,527				316,994,251				316,994,251

(i) The following table presents revenues by geographic area based on the addresses of our users:

		Three months Ended June 30												First half year Ended June 30
		2025 RMB				2026 RMB				2026 US$				2025 RMB				2026 RMB				2026 US$
Chinese mainland			2,177,929				1,813,297				267,247				4,284,162				3,601,865				530,850
Overseas			442,439				672,680				99,141				857,041				1,270,088				187,187
Total			2,620,368				2,485,977				366,388				5,141,203				4,871,953				718,037

8

Hello Group Inc.

Unaudited Condensed Consolidated Statement of Comprehensive Income

(All amounts in thousands, except share and per share data)

		Three months Ended June 30												First half year Ended June 30
		2025 RMB				2026 RMB				2026 US$				2025 RMB				2026 RMB				2026 US$
Net (loss) income			(139,411	)			238,363				35,131				219,078				529,864				78,093
Other comprehensive loss, net of tax:
Foreign currency translation adjustment			(73,476	)			(76,282	)			(11,243	)			(116,814	)			(150,577	)			(22,192	)
Comprehensive (loss) income			(212,887	)			162,081				23,888				102,264				379,287				55,901
Less: comprehensive loss attributed to the non-controlling interest			(920	)			(2,916	)			(430	)			(1,519	)			(5,616	)			(828	)
Comprehensive (loss) income attributable to the shareholders of Hello Group Inc.			(211,967	)			164,997				24,318				103,783				384,903				56,729

9

Hello Group Inc.

Unaudited Condensed Consolidated Balance Sheets

(All amounts in thousands, except share and per share data)

		December 31				June 30				June 30
		2025				2026				2026
		RMB				RMB				US$
Assets
Current assets
Cash and cash equivalents			5,320,022				6,558,477				966,600
Short-term deposits			3,112,207				1,749,255				257,808
Restricted cash			120,612				20,355				3,000
Short-term investment			124,713				184,349				27,170
Accounts receivable, net of allowance for credit losses of RMB18,623 and RMB18,551 as of December 31, 2025 and June 30, 2026, respectively			246,208				223,512				32,942
Amounts due from related parties			21,751				15,030				2,215
Prepaid expenses and other current assets			791,317				648,247				95,540
Total current assets			9,736,830				9,399,225				1,385,275
Long-term deposits			—				30,000				4,421
Right-of-use assets, net			118,799				60,671				8,942
Property and equipment, net			1,420,030				1,392,562				205,238
Intangible assets, net			240,716				210,365				31,004
Rental deposits			3,585				3,930				579
Long-term investments			1,514,042				1,595,616				235,165
Other non-current assets			114,384				47,689				7,028
Deferred tax assets			34,614				35,349				5,210
Goodwill			596,299				564,482				83,194
Total assets			13,779,299				13,339,889				1,966,056
Liabilities and equity
Current liabilities
Accounts payable			584,557				574,746				84,706
Deferred revenue			468,221				459,108				67,664
Accrued expenses and other current liabilities			848,679				687,673				101,350
Lease liabilities due within one year			83,590				40,587				5,982
Income tax payable			44,787				20,570				3,032
Deferred consideration in connection with business acquisitions-current			47,839				46,408				6,840
Long-term borrowings, current portion			2,118				1,702				251
Total current liabilities			2,079,791				1,830,794				269,825
Lease liabilities			39,986				24,056				3,545
Deferred tax liabilities			531,996				565,753				83,382
Long-term borrowings			3,133				1,816				268
Other non-current liabilities			39,605				44,464				6,553
Total liabilities			2,694,511				2,466,883				363,573
Shareholder’s equity (ii)			11,084,788				10,873,006				1,602,483
Total liabilities and shareholder’s equity			13,779,299				13,339,889				1,966,056

(ii): As of June 30, 2026, the number of ordinary shares outstanding was 287,271,368.

10

Hello Group Inc.

Unaudited Condensed Consolidated Statement of Cash Flows

(All amounts in thousands, except share and per share data)

		Three months												First half year
		Ended June 30												Ended June 30
		2025				2026				2026				2025				2026				2026
		RMB				RMB				US$				RMB				RMB				US$
Cash flows from operating activities:
Net (loss) income			(139,411	)			238,363				35,131				219,078				529,864				78,093
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation of property and equipment			11,229				15,898				2,343				23,620				31,726				4,676
Amortization of intangible assets			7,655				9,200				1,356				13,846				18,610				2,743
Share-based compensation			37,801				30,146				4,444				78,661				61,451				9,057
Share of income on equity method investments			(13,427	)			(41,479	)			(6,113	)			(53,158	)			(50,017	)			(7,372	)
Gain or loss on fair value changes of short-term investments			—				25,087				3,697				—				25,982				3,829
Returns on investments			289				—				—				797				—				—
Loss on long-term investments			40				—				—				40				—				—
Gain or loss on disposal of property and equipment			(146	)			1,382				204				(248	)			1,382				204
Provision of loss (income) on receivable and other assets			312				(325	)			(48	)			5,717				110				16
Changes in operating assets and liabilities:
Accounts receivable			(17,847	)			192,026				28,301				(36,991	)			20,056				2,956
Prepaid expenses and other current assets			(133,016	)			103,792				15,297				(121,641	)			157,420				23,201
Amounts due from related parties			—				(98	)			(14	)			—				(240	)			(35	)
Rental deposits			8,016				858				126				7,906				841				124
Deferred tax assets			581				627				92				921				(824	)			(121	)
Other non-current assets			46,626				84,667				12,478				81,672				123,434				18,192
Accounts payable			4,047				7,534				1,110				(9,496	)			(7,143	)			(1,053	)
Income tax payable			363,302				(14,535	)			(2,142	)			262,323				(24,051	)			(3,545	)
Deferred revenue			2,684				(7,983	)			(1,177	)			11,719				(6,900	)			(1,017	)
Accrued expenses and other current liabilities			(70,803	)			(11,312	)			(1,667	)			(141,786	)			(106,605	)			(15,712	)
Deferred tax liabilities			181,183				16,264				2,397				193,896				35,186				5,186
Other non-current liabilities			(38,986	)			(7,764	)			(1,144	)			(47,026	)			(9,030	)			(1,331	)
Net cash provided by operating activities			250,129				642,348				94,671				489,850				801,252				118,091
Cash flows from investing activities:
Purchase of property and equipment			(26,162	)			(15,043	)			(2,217	)			(53,976	)			(30,204	)			(4,452	)
Payment for long-term investments			(72,593	)			(44,000	)			(6,485	)			(72,593	)			(62,000	)			(9,138	)
Payment for business acquisition			—				—				—				(194,390	)			—				—
Purchase of term deposits			—				(280,000	)			(41,267	)			—				(390,000	)			(57,479	)
Cash received on maturity of term deposits			—				1,379,613				203,330				1,257,245				1,706,517				251,509
Payment for short-term investments			—				(49,471	)			(7,291	)			—				(90,269	)			(13,304	)
Returns of investments			—				—				—				—				1,303				192
Loan to a third-party company			(6,278	)			—				—				(33,756	)			—				—
Loan to a related party			—				—				—				—				(3,930	)			(579	)
Cash received from repayment of loans to a related party			—				3,500				516				—				10,890				1,605
Other investing activities			302				2,406				355				494				2,503				369
Net cash (used in) provided by investing activities			(104,731	)			997,005				146,941				903,024				1,144,810				168,723
Cash flows from financing activities:
Proceeds from exercise of share options			2				—				—				4				3				—
Repurchase of ordinary shares			(97,196	)			(184,781	)			(27,233	)			(298,725	)			(371,965	)			(54,821	)
Dividends payment			(346,182	)			(280,558	)			(41,349	)			(346,182	)			(280,558	)			(41,349	)
Deferred settlement of a share-based compensation liability			—				(82,361	)			(12,139	)			—				(82,361	)			(12,139	)
Payment in relation to redemption of convertible bonds			(20,221	)			—				—				(20,221	)			—				—
Advance payment for acquisition of non-controlling interest			—				—				—				—				(20,918	)			(3,083	)
Repayment of short-term borrowings			—				(200	)			(29	)			(1,690,535	)			(200	)			(29	)
Repayment of long-term borrowings			(279	)			(433	)			(64	)			(674	)			(1,165	)			(172	)
Net cash used in financing activities			(463,876	)			(548,333	)			(80,814	)			(2,356,333	)			(757,164	)			(111,593	)
Effect of exchange rate changes			(53,620	)			(23,681	)			(3,492	)			(79,305	)			(50,700	)			(7,471	)
Net (decrease) increase in cash and cash equivalents			(372,098	)			1,067,339				157,306				(1,042,764	)			1,138,198				167,750
Cash, cash equivalents and restricted cash at the beginning of period			8,971,755				5,511,493				812,294				9,642,421				5,440,634				801,850
Cash, cash equivalents and restricted cash at the end of period			8,599,657				6,578,832				969,600				8,599,657				6,578,832				969,600

11

Hello Group Inc.

Reconciliation of Non-GAAP financial measures to comparable GAAP measures

(All amounts in thousands, except per share data)

1. Reconciliation of Non-GAAP cost and operating expenses, income from operations, and net income to comparable GAAP measures.

		Three months																Three months																				Three months
		Ended June 30, 2025																Ended June 30, 2026																				Ended June 30, 2026
		GAAP RMB				Amortization of intangible assets from business acquisitions RMB				Share-based compensation RMB				Non-GAAP RMB				GAAP RMB				Amortization of intangible assets from business acquisitions RMB				Share-based compensation RMB				Tax impacts(iii) RMB				Non-GAAP RMB				GAAP US$				Amortization of intangible assets from business acquisitions US$				Share-based compensation US$				Tax impacts(iii) US$				Non-GAAP US$
Cost of revenues			(1,607,712	)			1,762				1,560				(1,604,390	)			(1,599,304	)			1,537				2,257				—				(1,595,510	)			(235,708	)			227				333				—				(235,148	)
Research and development			(183,859	)			1,140				10,710				(172,009	)			(182,949	)			1,635				10,014				—				(171,300	)			(26,963	)			241				1,476				—				(25,246	)
Sales and marketing			(347,327	)			3,474				4,159				(339,694	)			(388,038	)			4,749				2,909				—				(380,380	)			(57,190	)			700				429				—				(56,061	)
General and administrative			(88,839	)			—				21,372				(67,467	)			(90,036	)			—				14,966				—				(75,070	)			(13,270	)			—				2,206				—				(11,064	)
Cost and operating expenses			(2,227,737	)			6,376				37,801				(2,183,560	)			(2,260,327	)			7,921				30,146				—				(2,222,260	)			(333,131	)			1,168				4,444				—				(327,519	)
Income from operations			403,496				6,376				37,801				447,673				238,000				7,921				30,146				—				276,067				35,077				1,168				4,444				—				40,689
Net (loss) income attributable to the shareholders of Hello Group Inc.			(140,204	)			6,376				37,801				(96,027	)			237,435				7,921				30,146				(1,596	)			273,906				34,994				1,168				4,444				(235	)			40,371

12

Hello Group Inc.

Reconciliation of Non-GAAP financial measures to comparable GAAP measures

(All amounts in thousands, except per share data)

1. Reconciliation of Non-GAAP cost and operating expenses, income from operations, and net income to comparable GAAP measures-continued.

		First half year																First half year																				First half year
		Ended June 30, 2025																Ended June 30, 2026																				Ended June 30, 2026
		GAAP RMB				Amortization of intangible assets from business acquisitions RMB				Share-based compensation RMB				Non-GAAP RMB				GAAP RMB				Amortization of intangible assets from business acquisitions RMB				Share-based compensation RMB				Tax impacts(iii) RMB				Non-GAAP RMB				GAAP US$				Amortization of intangible assets from business acquisitions US$				Share-based compensation US$				Tax impacts(iii) US$				Non-GAAP US$
Cost of revenues			(3,176,786	)			3,025				3,334				(3,170,427	)			(3,062,632	)			3,120				4,783				—				(3,054,729	)			(451,376	)			460				705				—				(450,211	)
Research and development			(379,628	)			1,999				19,770				(357,859	)			(360,055	)			3,313				20,208				—				(336,534	)			(53,066	)			488				2,978				—				(49,600	)
Sales and marketing			(676,505	)			6,264				8,470				(661,771	)			(731,279	)			9,618				5,832				—				(715,829	)			(107,777	)			1,418				860				—				(105,499	)
General and administrative			(229,350	)			—				47,087				(182,263	)			(195,084	)			—				30,628				—				(164,456	)			(28,752	)			—				4,514				—				(24,238	)
Cost and operating expenses			(4,462,269	)			11,288				78,661				(4,372,320	)			(4,349,050	)			16,051				61,451				—				(4,271,548	)			(640,971	)			2,366				9,057				—				(629,548	)
Income from operations			702,981				11,288				78,661				792,930				547,743				16,051				61,451				—				625,245				80,727				2,366				9,057				—				92,150
Net income attributable to the shareholders of Hello Group Inc.			217,790				11,288				78,661				307,739				528,483				16,051				61,451				(3,249	)			602,736				77,889				2,366				9,057				(479	)			88,833

(iii) Includes tax impacts related to the amortization of intangible assets from business acquisitions. There is no tax impact related to share-based compensation.

13

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