Meituan (DE:9MD)
FRANKFURT:9MD
Earnings Data
Report Date
Jun 01, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.22Same Quarter Last Year
Strong Buy
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced strong operational and strategic positives — robust user and engagement growth (DAU +20%), notable progress in quick commerce, membership upgrades, AI milestones, Keeta achieving profitability in Hong Kong, and a healthy cash buffer (RMB 141.3bn) — against significant near-term financial pain: meaningful operating and adjusted net losses (RMB 15.3bn and RMB 16.0bn), negative operating cash flow (RMB -22.1bn), and sharp margin compression driven by elevated incentives and marketing spend. Management framed losses as deliberate, strategic investments to defend leadership and grow long-term value. Given sizable operational strengths and clear strategic rationale but material near-term financial deterioration, the overall tone is cautious and transitional.Company Guidance
User Growth and Engagement
Meituan app DAU jumped over 20% year-over-year in Q3 2025; platform serves over 800 million consumers. Food delivery DAU and MTU hit all-time highs and core users transact at least weekly with top-tier users engaging daily.
Revenue Growth (Overall and New Initiatives)
Total revenue increased 2% year-over-year to RMB 95.5 billion. New initiatives segment revenue grew 15.9% year-over-year to RMB 28.0 billion driven by grocery retail and overseas expansion.
Quick Commerce and InstaMart Expansion
Meituan Instant Shopping reported higher new user growth and purchase frequency in Q3; company expanded InstaMart footprint (noted extension of 207 InstaMarts/pharmacies) and launched branded flagship InstaMart to support brands and 30-minute delivery.
Membership and Cross‑Sell Momentum
After 6 months of iterating Meituan membership, mid-tier users upgraded tiers and high-value members continued to grow, driving higher member transaction frequency and supporting cross-selling across local services.
Operational & Social Initiatives for Couriers
Company expanded courier welfare programs: nationwide courier pension insurance subsidy beginning November, occupational injury insurance extended to 17 provinces, and multiple welfare measures (critical illness support, education funds, meals, health checks, courier facilities).
AI and Product Innovation
Investments in AI accelerated: launched LongCat-Flash series models, rolled out AI tools for merchants, and began large-scale testing of consumer AI agent Xiaomei and integration of AI agent functions into the Meituan app.
Local Commerce Content and Trust Assets
Platform accumulated over 20 billion consumer reviews (≈3.5 billion new reviews in past 12 months) and expanded high-quality lists (Black Pearl Guide, Must-Eat lists) to more cities to strengthen discovery and trust.
Keeta Profitability and International Progress
Keeta achieved profitability in Hong Kong in October 2025 (29 months after launch). Company expanded Keeta into Qatar, Kuwait, UAE (Sept) and began a pilot in Brazil (Oct).
Cash and Liquidity Position
Held RMB 141.3 billion in cash, cash equivalents and short-term treasury investments as of September 30, 2025, providing a liquidity buffer for continued investments.
DE:9MD 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
DE:9MD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 20, 2026 | €8.85 | €8.56 | -3.30% |
Nov 28, 2025 | €11.48 | €11.00 | -4.20% |
Aug 27, 2025 | €13.25 | €12.21 | -7.86% |
May 26, 2025 | €15.18 | €14.60 | -3.82% |
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 Meituan (DE:9MD) report earnings?
Meituan (DE:9MD) is schdueled to report earning on Jun 01, 2026, After Close (Confirmed).
What is Meituan (DE:9MD) earnings time?
Meituan (DE:9MD) earnings time is at Jun 01, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Meituan stock?
The P/E ratio of Meituan is N/A.
What is DE:9MD EPS forecast?
Currently, no data Available