Strong Quarter for Ad Tech Platform
BIGO Ads accelerated top line growth with total ad revenue growing over 19.7% quarter-over-quarter and 33.1% year-over-year, reaching $104 million.
Overall Revenue Growth
Total revenue for the third quarter was $540 million, up 6.4% quarter-over-quarter.
Livestreaming Revenue Recovery
Livestreaming revenues reached $388 million, up 3.5% quarter-over-quarter, marking two consecutive quarters of sequential growth.
Cash Flow and Shareholder Returns
Operating cash flow for the quarter was $73 million with $3.3 billion in net cash, supporting ongoing shareholder returns, including $88.6 million repurchased under the share buyback program.
Growth in Non-GAAP Financial Metrics
Non-GAAP operating income reached $41 million, up 16.6% year-on-year. Non-GAAP EBITDA was $51 million, up 16.8% year-on-year and 4.9% quarter-over-quarter.
Positive Outlook for 2026
Expectations for continued growth in ad tech and SaaS businesses, with anticipated double-digit revenue growth in 2026 across multiple dimensions.