Huya reported second-quarter 2026 revenue of 1.74 billion yuan, up 11.0% from a year earlier and marking a sixth straight quarter of growth, as its push beyond live-streaming tips gained traction. Game-related services, advertising and other revenue climbed 54.1% to 640 million yuan, or 36.7% of total revenue, becoming a larger second growth engine alongside core live-streaming revenue of 1.1 billion yuan. The company also doubled the authorized size of its 2026 share repurchase program to $100 million from $50 million, with $7.6 million repurchased as of June 30, 2026. Huya said the shift reflects a broader move into game distribution, in-game item sales and advertising, while management pointed to strong traction for distributed title Goose Goose Duck, a growing exclusive-distribution pipeline, triple-digit growth in in-game item sales, more than 100 licensed tournaments, about 20 self-produced events and new AI tools including its VAM 1.0 digital human model.