Autohome's Q2 revenue falls 6.1%, adjusted net income declines

Autohome

31/07/2025 10:40

Overview

Autohome Q2 2025 revenue falls 6.1% yr/yr

Adjusted net income for Q2 2025 declines

Co repurchased 5.35 mln ADSs for US$142.4 mln

Outlook

Autohome plans to expand AI applications across products and services

Company aims to deepen O2O automotive ecosystem deployment

Autohome focuses on electrification, intelligence, globalization trends

Company committed to capturing emerging growth opportunities in 2025

Result Drivers

AI INNOVATION - Autohome accelerated AI-driven product innovation to empower user decision-making and improve cost efficiency, per CEO Song Yang

NEW RETAIL BUSINESS - Robust performance in new retail business drove a 20.5% yr/yr increase in online marketplace and others revenues, per CFO Craig Yan Zeng

ADVERTISING SPENDING - Media services revenues fell due to reduced advertising spending by internal combustion engine automakers

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
RMB 1.76 bln
Q2 Adjusted Net Income
RMB 475.70 mln
Q2 Net Income
RMB 415.70 mln
Q2 Operating Expenses
RMB 1.02 bln
Q2 Operating Profit
RMB 296.60 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy."

Wall Street's median 12-month price target for Autohome Inc is $29.00, about 6.8% above its July 30 closing price of $27.02

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nPnbvdw5ha

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)