Here Group Limited (HERE)
NASDAQ:HERE
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Earnings Data
Report Date
Sep 11, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.1Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: operational and product execution highlights include a revenue beat versus guidance, meaningful margin improvement (gross margin +350 bps), rapid growth and traction of new IPs (SIINONO +73.1% QoQ), strong new product launch metrics, and offline channel expansion (7 D2C stores, ~15 roboshops). Offsetting these positives are near-term revenue decline QoQ (~-7.1%), widening net and adjusted losses, rising operating expense ratios, a downgraded FY guide and softening industry demand. Management stressed a long-term, IP-first strategy and disciplined capital allocation while acknowledging short-term market headwinds. Overall, positives around IP momentum and margin discipline are balanced by financial pressures and guided near-term weakness.Company Guidance
Revenue Beat and Quarterly Results
Total revenue of RMB 164.7 million (~RMB 165 million) in Q3, which exceeded the high end of the company's guidance for the quarter. While this was down from the prior quarter (RMB 177.3 million), management highlighted the beat versus expectations despite a softer demand environment.
Improved Gross Margin and Gross Profit
Gross profit was RMB 56.9 million with a gross margin of 34.5%, an improvement of 350 basis points from 31.0% in the prior quarter. Gross profit increased slightly quarter-over-quarter (RMB 56.9m vs RMB 55.0m, ~+3.5%).
Strong Flagship IP Performance and New IP Traction
WAKUKU remained the flagship IP, generating RMB 102 million (≈62.2% of total revenue) in Q3. SIINONO, launched in H2 2025, grew 73.1% quarter-over-quarter and accounted for 20.2% of revenue, demonstrating rapid early scale and cross‑IP engagement. The company now reports 20 IPs (12 proprietary, 8 licensed).
Successful New Product Launch Metrics
WAKUKU's Handicraft World Series achieved strong initial results: omnichannel sales >RMB 20 million, peak concurrent online viewers of 28,000, and total new product exposure exceeding 100 million. XIAO AO and SIINONO new releases generated strong prelaunch buzz and early market response.
Offline and Omnichannel Expansion
Offline footprint expanded: 7 D2C brand stores across 4 cities (including 2 new store openings this quarter) and rollout of ~15 roboshops (unmanned vending) across key cities. Social reach approaching ~800,000 cumulative followers across major platforms. Company plans pop-ups and international trade show tests (South Korea, U.S.).
Operational Discipline and IP-First Strategy
Management emphasized measured capital allocation and ROI-driven investments, upgraded membership management, focus on building proprietary IPs and repeatable IP operations, and moves to optimize cost structure — all cited as drivers of improving margin performance and long-term value creation.
HERE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HERE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 05, 2026 | $2.37 | $1.78 | -24.89% |
Mar 12, 2026 | $4.46 | $3.73 | -16.26% |
Dec 02, 2025 | $4.76 | $4.58 | -3.78% |
Sep 17, 2025 | $10.15 | $9.94 | -2.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Here Group Limited (HERE) report earnings?
Here Group Limited (HERE) is schdueled to report earning on Sep 11, 2026, Before Open (Confirmed).
What is Here Group Limited (HERE) earnings time?
Here Group Limited (HERE) earnings time is at Sep 11, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is HERE EPS forecast?
Currently, no data Available