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Autohome reports Q1 2026 revenue drop and net income decline amid shrinking auto market and launches new services.

Company Fundamentals
28 May 2026
Prnewswire
View Source
Bearish
pluang ai news

Autohome Inc. announced a decline in net revenues to RMB1,048.4 million (US$152.0 million) in Q1 2026 from RMB1,453.8 million in Q1 2025, primarily due to reduced advertising spending and fewer paying dealers amid shrinking auto sales. Net income attributable to Autohome fell sharply to RMB44.3 million (US$6.4 million) from RMB356.6 million year-over-year. Despite the drop, the company is advancing its platform transformation with new features like an online car purchase service and expanding internationally with operations in Thailand. Autohome also approved a cash dividend and continued share repurchases, signaling commitment to shareholder returns while focusing on growth and cost control.

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