Autohome Inc. filed its unaudited financial results for the three months ended September 30, 2026, disclosing a year-over-year decline in net revenues and net income alongside a new cash dividend and share repurchase activity.

Key Highlights

  • Net revenues were RMB1,315.0 million (US$196.1 million) in Q3 2026, compared to RMB1,778.1 million in Q3 2025, according to the filing.
  • Net income attributable to Autohome was RMB195.0 million (US$29.1 million) in Q3 2026, compared to RMB436.6 million in the same period of 2025.
  • Adjusted net income (Non-GAAP) was RMB252.7 million (US$37.7 million) in Q3 2026, versus RMB406.9 million in Q3 2025.
  • Cash dividend of US$1.58 per ADS (or US$0.3950 per ordinary share) was approved by the Board, payable to holders of record as of January 5, 2027.
  • Share repurchases totaled approximately US$155.4 million for 7,062,030 ADSs as of October 30, 2026, under a US$400 million program authorized July 28, 2026.
  • Total cash dividends declared for 2026 amount to approximately RMB1.5 billion, including a previously approved RMB0.5 billion dividend declared May 28, 2026.
  • Operating profit was RMB95.7 million (US$14.3 million) in Q3 2026, compared to RMB147.0 million in Q3 2025.

Autohome Reports Q3 2026 Revenue and Earnings Declines Across All Segments

According to the filing, Autohome Inc. (NYSE:ATHM; HKEX: 2518) reported net revenues of RMB1,315.0 million (US$196.1 million) for the third quarter of 2026, down from RMB1,778.1 million in the third quarter of 2025. The company attributed declines across all three revenue segments to reduced spending from automakers and dealers amid declining sales volumes. Media services revenues fell to RMB241.4 million (US$36.0 million) from RMB298.0 million. Leads generation services revenues declined to RMB526.2 million (US$78.5 million) from RMB663.7 million. Online marketplace and others revenues dropped to RMB547.3 million (US$81.6 million) from RMB816.4 million, with the filing noting that reduced revenue associated with the company's vehicle sales business was a primary driver.

The filing disclosed that cost of revenues was RMB431.2 million (US$64.3 million) in Q3 2026, compared to RMB646.0 million in the same period of 2025. Total operating expenses were RMB861.2 million (US$128.4 million), compared to RMB1,024.5 million a year earlier. Product development expenses fell to RMB194.8 million (US$29.1 million) from RMB278.6 million, primarily due to a decrease in personnel-related expenses, according to the filing. Operating profit came in at RMB95.7 million (US$14.3 million), compared to RMB147.0 million in Q3 2025. The company recorded an income tax benefit of RMB1.6 million (US$0.2 million) in the quarter, compared to income tax expense of RMB18.4 million in the prior-year period.

On capital returns, the company disclosed that the Board approved a cash dividend of US$1.58 per ADS (US$0.3950 per ordinary share), payable on or around March 15, 2027 for ordinary shareholders and March 22, 2027 for ADS holders, with a record date of January 5, 2027. Combined with the previously declared RMB0.5 billion dividend from May 28, 2026, the company's total declared cash dividends for 2026 amount to approximately RMB1.5 billion, as stated in the filing. The Board had also authorized a US$400 million ADS repurchase program on July 28, 2026; as of October 30, 2026, the company reported repurchasing 7,062,030 ADSs for approximately US$155.4 million.

What Was Disclosed

Autohome disclosed its unaudited Q3 2026 financial results, showing year-over-year declines in revenues, net income, and operating profit across all business segments, alongside a new approximately RMB1 billion cash dividend and updates on its US$400 million ADS repurchase program.