Huya reported second-quarter 2026 revenue of 1.74 billion yuan, up 11.0% year over year, as game-related services, advertising and other revenue jumped 54.1% to 640 million yuan, or 36.7% of total revenue, alongside core live-streaming revenue of 1.1 billion yuan. Citigroup later reaffirmed its Buy rating and raised its price target to $4.60 from $4.40 after the result. Huya also doubled its 2026 share repurchase authorization to $100 million from $50 million as it pushes further into game distribution, in-game item sales, advertising, esports and AI tools beyond its traditional live-streaming tipping business.