DouYu International Holdings Ltd. reported unaudited financial results for the third quarter of 2025. Total net revenues were RMB899.1 million, down from RMB1,063.1 million in the same period of 2024. Gross profit increased 90.9% year over year to RMB116.1 million. Income from operations was RMB11.9 million, compared to a loss of RMB94.2 million in the third quarter of 2024. Net income was RMB11.3 million, a 232.8% increase from RMB3.4 million a year earlier. Adjusted net income (non-GAAP) was RMB23.1 million, compared with a non-GAAP adjusted net loss of RMB39.8 million in the prior year period. During the quarter, DouYu focused on value chain integration, enriched its premium content offerings such as e-sports tournaments, and introduced AI-powered bullet comment features to enhance user engagement.