Autohome Inc. (ATHM) Q2 2026 Earnings Call Transcript
Autohome Inc. (ATHM) Q2 2026 Earnings Call Transcript

Autohome Inc. functions as a premier digital hub for automotive enthusiasts and buyers across the People's Republic of China. The company delivers ...
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Est. EPS $0.31 · Revenue $1.30B · 2 analysts
Est. EPS $0.35 · Revenue $1.38B · 2 analysts
Est. EPS $1.10 · Revenue $4.97B · 6 analysts
Est. EPS $0.31 · Revenue $1.16B · 1 analysts
$0.00 per share
$0.00 per share
EPS ¥2.12 · Revenue ¥1.19B
EPS ¥0.38 · Revenue ¥1.05B
EPS ¥45.60 · Revenue ¥6.28B
EPS ¥14.24 · Revenue ¥1.78B
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $6.3B | -10.8% | +13.9% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $1.4B | -21.7% | +163.8% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +72.4% | -8.3% | +2.2% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +8.8% | -38.3% | +235.4% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +22.4% | -12.2% | +131.5% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $771.4M | -37.4% | — |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +12.3% | -29.8% | — |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 0.2% | -53.5% | -100.0% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 6.00x | +7.9% | -17.2% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $28.3B | -6.3% | -2.2% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 45.60 vs 1.79 | +2440.9% | 2.12 vs 0.28 | +644.3% |
| Revenue Surprise | $6.3B vs $6.5B | -3.8% | $1.2B vs $1.2B | +0.6% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 31, 2026 | Fang Xing | director | Ordinary Shares | A | 8,964 | — |
| Aug 31, 2026 | Fang Xing | director | Ordinary Shares | D | 1,568 | $5.56 |
| Aug 31, 2026 | Zhou Shenglei | director | Ordinary Shares | A | 23,316 | — |
| Aug 31, 2026 | Zhou Shenglei | director | Ordinary Shares | D | 6,548 | $5.56 |
| Aug 31, 2026 | Liu Chi | director, officer: Chief Executive Officer | Ordinary Shares | A | 58,368 | — |
Operator: Ladies and gentlemen, thank you for standing by for Autohome's Second Quarter and Interim 2026 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded. If you have any objections, please disconnect at this time. A live and archived webcast of today's call will be available on Autohome's IR website. It is now my pleasure to introduce your host, Sterling Song, Autohome's IR Director. Mr. Song, please go ahead. Sterling Song: Thank you, operator. Hello, everyone, and welcome to Autohome's Second Quarter and Interim 2026 Earnings Conference Call. Earlier today, Autohome distributed its earnings release, which can be found on the company's IR website at ir.autohome.com.cn. Joining me on today's call is our Chief Financial Officer, Mr. Craig Yan Zeng. Management will go through the prepared remarks first, which will be followed by a Q&A session where they will be available to answer all your questions. Before we begin, please note that today's discussion contains forward-looking statements made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. Potential risks and uncertainties include, but are not limited to, those outlined in our public filings with the U.S. Securities and Exchange Commission and the Hong Kong Stock Exchange. Autohome undertakes no obligation to update any forward-looking statements, except as required under applicable laws. Please also note that Autohome's earnings press release and today's conference call include discussions of certain unaudited non-GAAP financial measures. A reconciliation of the non-GAAP measures to the most directly comparable GAAP measures can be found in our earnings release. I will now turn the call over to Autohome's CFO, Mr. Craig Yan Zeng, for opening remarks. Mr. Zeng, please go ahead. Yan Zeng: [Interpreted] Thank you, Sterling. Hello, everyone. This is Craig Zeng, Chief Financial Officer of Autohome. Thank you for joining our earnings conference call today. In the second quarter, our innovative business continued to make steady progress, driving Autohome's upgrade towards a comprehensive automotive service ecosystem. For our new retail business with the authorized dealer model in pilot operation and expanding into more cities, we launched the offline franchised chain brand, Autohome Good Car, further expanding our offline service network. In addition, our global expansion into used car trading is advancing steadily. Our cross-border export platform completed its first transaction in July, providing valuable experience to further expand our service capabilities. We also made major strides in AI, particularly in cutting-edge AI agent technologies. In early July, we unveiled our proprietary intelligent agent product, Cheese Car Butler and opened it for …
| Name | Title | Gender | Year Born | Status |
|---|---|---|---|---|
Yan Zeng | Chief Financial Officer | Male | 1968 | Active |
Chi Liu | Chief Executive Officer & Chairman | Male | 1975 | Active |
Bibo Xiang | Chief Technology Officer | Male | 1979 | Active |
Song Yang | Senior Vice President | Male | 1974 | Active |
Sterling Song | Investor Relations Director | — | — | Active |
Autohome Inc. (ATHM) Q2 2026 Earnings Call Transcript

Autohome NYSE: ATHM reported second-quarter revenue of CNY1.2 billion and an operating profit of CNY130 million, while outlining expansion plans in online vehicle retailing, offline franchise services, artificial intelligence and used-car exports.

BEIJING, Aug. 20, 2026 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced its unaudited financial results for the three months and six months ended June 30, 2026. Second Quarter 2026 Highlights[1] Net revenues in the second quarter of 2026 were RMB1,198.0 million (US$176.6 million), compared to RMB1,758.1 million in the corresponding period of 2025.

Markets stumbled to start the week as oil surged, Iran rattled nerves, and bond yields hit levels not seen since 2007, leaving Wall Street analysts scrambling to reassess positions across retail, tech, and telecom ahead of Tuesday's open.

BEIJING, July 31, 2026 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), a leading online destination for automobile consumers in China, today announced that it will report its financial results for the second quarter and six months ended June 30, 2026, before U.S. markets open on August 20, 2026. Autohome's management team will host an earnings conference call at 8:00 AM U.S. Eastern Time on Thursday, August 20, 2026 (8:00 PM Beijing Time on the same day).
