# Yalla Group Limited Announces Unaudited First Quarter 2026 Financial Results

- Link: https://www.thailand-business-news.com/pr-news/yalla-group-limited-announces-unaudited-first-quarter-2026-financial-results
- Published: 2026-05-19T04:00:00+07:00
- Author: PR Newswire

DUBAI, UAE, May 19, 2026 /PRNewswire/ — Yalla Group Limited ("Yalla" or the "Company")(
NYSE: YALA), the largest Middle East and North Africa (MENA)-based online social
networking and gaming company, today announced its unaudited financial results for
the first quarter ended March 31, 2026.

**First Quarter 2026 Financial and Operating Highlights**

 ◦ **Revenues** were US$79.0 million in the first quarter of 2026, compared with
   US$83.9 million in the first quarter of 2025.
    • Revenues generated from chatting services in the first quarter of 2026 were
      US$48.1 million.
    • Revenues generated from games services in the first quarter of 2026 were US
      $30.3 million.
 ◦ **Net income **was US$28.4 million in the first quarter of 2026, compared with
   US$36.4 million in the first quarter of 2025. Net margin^([1]) was 35.9% in the
   first quarter of 2026.
 ◦ **Non-GAAP net income****^([2])** was US$33.3 million in the first quarter of
   2026, compared with US$39.1 million in the first quarter of 2025. Non-GAAP net
   margin^([3]) was 42.1% in the first quarter of 2026.
 ◦ **Average MAUs****^([4])** increased by 7.7% to 48.0 million in the first quarter
   of 2026, compared with 44.6 million in the first quarter of 2025.
 ◦ **The number of paying users****^([5])** was 10.5 million in the first quarter
   of 2026, compared with 11.8 million in the first quarter of 2025.

  |

**Key Operating Data**

  |

**For the three months ended**

  |   |  
 |   |

**March 31, 2025**

  |   |   |

**March 31, 2026**

  |   |  
 |   |   |   |   |   |   |  
 |

**Average MAUs ****_(in thousands)_**

  |   |

**44,555**

   |   |   |   |

**48,007**

  |   |  
 |   |   |   |   |   |   |  
 |

**Paying users ****_(in thousands)_**

  |   |

**11,787**

  |   |   |   |

**10,476**

  |   |

 

  |

^([1] )Net margin is net income as a percentage of revenues.

  |  
 |

^([2] )Non-GAAP net income represents net income excluding share-based compensation. Non-GAAP net income is a non-GAAP financial measure. See the sections titled "Non-GAAP Financial Measures" and "Reconciliations of GAAP and Non-GAAP Results" for more information about the non-GAAP measures referred to in this press release.

  |  
 |

^([3] )Non-GAAP net margin is non-GAAP net income as a percentage of revenues.

  |  
 |

^([4] )"Average MAUs" refers to the average monthly active users in a given period, calculated by dividing (i) the sum of active users for each month of such period by (ii) the number of months in such period. "Active users" refers to registered users who accessed any of our main mobile applications at least once during a given period; main mobile applications are mobile applications that have exceeded the 0.5 million average MAUs threshold at least once.

  |  
 |

^([5] )"Paying users" refers to registered users who played a game or purchased our virtual items or upgraded services using virtual currencies on our main mobile applications at least once in a given period, except for users who received all of their virtual currencies directly or indirectly from us for free. "Registered users" refers to users who have registered accounts on our main mobile applications as of a given time; a registered user is not necessarily a unique user, as an individual may register multiple accounts on our main mobile applications.

  |

"We delivered resilient first quarter results despite the shifting macro environment
and the impact of Ramadan," said Mr. Tao Yang, Founder, Chairman and CEO of Yalla."
Refined operations and strong execution of focused market strategies drove a 7.7%
year-over- year increase in average MAUs to 48 million, a notable uptick demonstrating
our growing reach and deepening user engagement. Our core product ecosystem performed
steadily, while our gaming business reinforced its position as the Company’s key
growth engine. We continued to invest in our mid- and hard-core games, with the 
official launch of our SLG game garnering encouraging early feedback and our match-
3 game, Turbo Match, progressing smoothly.

"We also elevated our regional presence through strategic partnerships and high-
level industry engagement. As part of our partnership with the Saudi Esports Federation,
in April we served as the Presenting Partner of Yalla Saudi eLeague Women 2026, 
promoting local women’s participation in esports and exploring the significant growth
opportunities in this strategically important region. Looking ahead, we will continue
to maximize synergies between our social and gaming ecosystems and strengthen our
AI capabilities to enrich user experience, extend user lifetime value, and drive
operational leverage. We remain confident in our resilience and ability to capture
market opportunities, creating sustainable value for all stakeholders."

Ms. Karen Hu, CFO of Yalla, commented, "In the first quarter, we continued to focus
on efficiency enhancement and pursue high-quality development. Total revenues were
US$79.0 million, in line with our expectations, with revenues from games services
growing to US$30.3 million, accounting for 38.3% of total revenues. Net income was
US$28.4 million, and non-GAAP net income was US$33.3 million with a net margin of
42.1%. Supported by our strong balance sheet and healthy cash flow, we will continue
returning value to our shareholders while investing strategically in business development,
driving high-quality growth and long-term value creation."

**First Quarter 2026 Financial Results**

**_Revenues_**

Revenues were US$79.0 million in the first quarter of 2026, compared with US$83.9
million in the first quarter of 2025, primarily due to a decrease in paying users
attributable to the impact of the recent geopolitical events in the broader region.

In the first quarter of 2026, revenues generated from chatting services were US$
48.1 million, and revenues from games services were US$30.3 million.

**_Costs and expenses_**

Total costs and expenses were US$55.5 million in the first quarter of 2026, compared
with US$52.7 million in the first quarter of 2025.

Cost of revenues was US$26.5 million in the first quarter of 2026, a 9.3% decrease
from US$29.2 million in the first quarter of 2025, primarily due to lower commission
fees paid to third-party payment platforms. Cost of revenues as a percentage of 
total revenues decreased to 33.5% in the first quarter of 2026 from 34.8% in the
first quarter of 2025.

Selling and marketing expenses were US$9.7 million in the first quarter of 2026,
a 40.0% increase from US$6.9 million in the first quarter of 2025, primarily due
to higher advertising and market promotion expenses attributable to the Company’s
continued user acquisition efforts and expanding product portfolio. Selling and 
marketing expenses as a percentage of total revenues increased to 12.3% in the first
quarter of 2026 from 8.3% in the first quarter of 2025.

General and administrative expenses were US$10.3 million in the first quarter of
2026, a 17.9% increase from US$8.7 million in the first quarter of 2025, primarily
due to an increase in share-based compensation and foreign exchange loss, partially
offset by a decrease in incentive compensation. General and administrative expenses
as a percentage of total revenues increased to 13.0% in the first quarter of 2026
from 10.4% in the first quarter of 2025.

Technology and product development expenses were US$9.1 million in the first quarter
of 2026, a 16.2% increase from US$7.8 million in the first quarter of 2025, primarily
due to an increase in salaries and benefits for our technology and product development
staff, driven by an increase in the headcount to support the development of new 
businesses and our product portfolio expansion. Technology and product development
expenses as a percentage of total revenues increased to 11.5% in the first quarter
of 2026 from 9.3% in the first quarter of 2025.

**_Operating income_**

Operating income was US$23.5 million in the first quarter of 2026, compared with
US$31.2 million in the first quarter of 2025.

**_Non-GAAP operating income_****_^([6])_**

Non-GAAP operating income in the first quarter of 2026 was US$28.4 million, compared
with US$34.0 million in the first quarter of 2025.

**_Interest income _**

Interest income was US$5.9 million in the first quarter of 2026, compared with US
$6.6 million in the first quarter of 2025.

**_Investment loss _**

Investment loss was US$0.4 million in the first quarter of 2026, compared with US
$17.7 thousand in the first quarter of 2025, primarily due to fluctuations in the
fair value of wealth management products.

**_Income tax expense_**

Income tax expense was US$0.6 million in the first quarter of 2026, compared with
US$1.4 million in the first quarter of 2025.

**_Net income_**

Net income was US$28.4 million in the first quarter of 2026, compared with US$36.4
million in the first quarter of 2025.

**_Non-GAAP net income_**

Non-GAAP net income in the first quarter of 2026 was US$33.3 million, compared with
US$39.1 million in the first quarter of 2025.

**_Earnings per ordinary share_**

Basic and diluted earnings per ordinary share were US$0.19 and US$0.16, respectively,
in the first quarter of 2026, while basic and diluted earnings per ordinary share
were US$0.23 and US$0.20, respectively, in the first quarter of 2025.

**_Non-GAAP earnings per ordinary share_****_^([7])_**

Non-GAAP basic and diluted earnings per ordinary share were US$0.22 and US$0.19,
respectively, in the first quarter of 2026, compared with US$0.25 and US$0.22, respectively,
in the first quarter of 2025.

**_Cash and cash equivalents, restricted cash, term deposits and short-term investments_**

As of March 31, 2026, the Company had cash and cash equivalents, restricted cash,
term deposits and short-term investments of US$806.7 million, compared with US$754.6
million as of December 31, 2025.

  |

^([6] )Non-GAAP operating income represents operating income excluding share-based compensation. Non-GAAP operating income is a non-GAAP financial measure. See the sections titled "Non-GAAP Financial Measures" and "Reconciliations of GAAP and Non-GAAP Results" for more information about the non-GAAP measures referred to in this press release. 

  |  
 |

^([7] )Non-GAAP earnings per ordinary share is non-GAAP net income attributable to Yalla Group Limited’s shareholders, divided by the weighted average number of basic and diluted shares outstanding. Non-GAAP net income attributable to Yalla Group Limited’s shareholders represents net income attributable to Yalla Group Limited’s shareholders, excluding share-based compensation. Non-GAAP earnings per ordinary share and non-GAAP net income attributable to Yalla Group Limited’s shareholders are non-GAAP financial measures. See the sections titled "Non-GAAP Financial Measures" and "Reconciliations of GAAP and Non-GAAP Results" for more information about the non-GAAP measures referred to in this press release.

  |

**Share** **repurchase program**

Pursuant to the Company’s share repurchase program beginning on May 21, 2021, with
an extended expiration date of May 21, 2026 (the "2021 Program"), the Company repurchased
1,460,989 American depositary shares ("ADSs"), representing 1,460,989 Class A ordinary
shares, from the open market with cash for an aggregate amount of approximately 
US$9.7 million, in the first quarter of 2026. As of March 31, 2026, the Company 
had cumulatively completed cash repurchases in the open market of 17,143,162 ADSs,
representing 17,143,162 Class A ordinary shares, for an aggregate amount of approximately
US$115.7 million, since the inception of the 2021 Program.

The Company will continue to execute its 2021 Program until May 21, 2026, upon which
date the Company will begin executing its new share repurchase program authorized
by the Company’s board of directors in March 2026, under which the Company may repurchase
up to US$150 million worth of its outstanding ADS and/or Class A ordinary shares
over the 24 months starting from March 9, 2026. The Company will provide an update
on the progress of both programs in due course.

**Outlook**

For the second quarter of 2026, Yalla currently expects revenues to be between US
$75.0 million and US$82.0 million.

The above outlook is based on current market conditions and reflects the Company
management’s current and preliminary estimates of market and operating conditions
and customer demand, which are all subject to change.

**Conference Call**

Yalla Group Limited will hold a conference call on Monday, May 18, 2026, at 8:00
PM Eastern Time, 4:00 AM Dubai Time on Tuesday, May 19, 2026, or 8:00 AM Beijing
Time on Tuesday, May 19, 2026, to discuss the financial results.

Participants should complete online registration using the link provided below before
the scheduled start time. Upon registration, participants will receive the conference
call access information, including dial-in numbers, a personal PIN and an e-mail
with detailed instructions to join the conference call.

Event Title:               Yalla Group Ltd. First Quarter 2026 Earnings Conference
Call
Registration Link:     [https://register-conf.media-server.com/register/BI2da0a6c7f4b54fc19ab854c822afa58a](https://register-conf.media-server.com/register/BI2da0a6c7f4b54fc19ab854c822afa58a)

Additionally, a live webcast of the conference call will be available on the Company’s
investor relations website at [https://ir.yalla.com](https://ir.yalla.com/), and
a replay of the webcast will be available following the session.

**Non-GAAP Financial Measures**

To supplement the financial measures prepared in accordance with generally accepted
accounting principles in the United States, or GAAP, this press release presents
non-GAAP financial measures, namely non-GAAP operating income, non-GAAP net income,
non-GAAP net margin and non-GAAP basic and diluted earnings per ordinary share, 
as supplemental measures to review and assess the Company’s operating performance.
The presentation of the non-GAAP financial measures is not intended to be considered
in isolation or as a substitute for the financial information prepared and presented
in accordance with U.S. GAAP. We define non-GAAP operating income as operating income
excluding share-based compensation. We define non-GAAP net income as net income 
excluding share-based compensation. We define non-GAAP net margin as non-GAAP net
income as a percentage of revenues. We define non-GAAP net income attributable to
Yalla Group Limited’s shareholders as net income attributable to Yalla Group Limited’s
shareholders, excluding share-based compensation. We define non-GAAP earnings per
ordinary share as non-GAAP net income attributable to Yalla Group Limited’s shareholders,
divided by the weighted average number of basic and diluted shares outstanding.

By excluding the impact of share-based compensation expenses, which are non-cash
charges, the Company believes that the non-GAAP financial measures help identify
underlying trends in its business and enhance the overall understanding of the Company’s
past performance and future prospects. Investors can better understand the Company’s
operating and financial performance, compare business trends among different reporting
periods on a consistent basis and assess its core operating results, as they exclude
share-based compensation expenses, which are not expected to result in cash payments.
The Company also believes that the non-GAAP financial measures allow for greater
visibility with respect to key metrics used by the Company’s management in its financial
and operational decision-making.

The non-GAAP financial measure is not defined under U.S. GAAP and is not presented
in accordance with U.S. GAAP. The non-GAAP financial measure has limitations as 
analytical tools. One of the key limitations of using the non-GAAP financial measures
is that they do not reflect all items of income and expense that affect the Company’s
operations. Share-based compensation has been and may continue to be incurred in
the Company’s business and is not reflected in the presentation of non-GAAP financial
measures. Further, the non-GAAP financial measure may differ from the non-GAAP information
used by other companies, including peer companies, and therefore their comparability
may be limited.

The Company compensates for these limitations by providing the relevant disclosure
of its non-GAAP financial measures in the reconciliations to the nearest U.S. GAAP
performance measures, all of which should be considered when evaluating its performance.
The Company encourages investors and others to review its financial information 
in its entirety and not rely on a single financial measure.

Reconciliations of GAAP and non-GAAP results are set forth at the end of this press
release.

**About Yalla Group Limited**

Yalla Group Limited is the largest MENA-based online social networking and gaming
company, in terms of revenues in 2022. The Company operates two flagship mobile 
applications, Yalla, a voice-centric group chat platform, and Yalla Ludo, a casual
gaming application featuring online versions of board games, popular in MENA, with
in-game voice chat and localized Majlis functionality. Building on the success of
Yalla and Yalla Ludo, the Company continues to add engaging new content, creating
a regionally-focused, integrated ecosystem dedicated to fulfilling MENA users’ evolving
online social networking and gaming needs. Through its holding subsidiary, Yalla
Game Limited, the Company has expanded its capabilities in mid-core and hard-core
games in the MENA region, leveraging its local expertise to bring innovative gaming
content to its users. In addition, the growing Yalla ecosystem includes YallaChat,
an IM product tailored for Arabic users, WeMuslim, a product that supports Arabic
users in observing their customs, and casual games such as Yalla Baloot and 101 
Okey Yalla, developed to sustain vibrant local gaming communities in MENA. Yalla
is also actively exploring outside of MENA with Yalla Parchis, a Ludo game designed
for the South American markets. Yalla’s mobile applications deliver a seamless experience
that fosters a sense of loyalty and belonging, establishing highly devoted and engaged
user communities through close attention to detail and localized appeal that profoundly
resonates with users.

For more information, please visit: [https://ir.yalla.com](https://ir.yalla.com/).

**Safe Harbor Statement**

This press release contains statements that may constitute "forward-looking" statements
pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be identified by terminology
such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "
believes," "estimates," "likely to" and similar statements. Statements that are 
not historical facts, including statements about Yalla Group Limited’s beliefs, 
plans and expectations, are forward-looking statements. Forward-looking statements
involve inherent risks and uncertainties. Further information regarding these and
other risks is included in Yalla Group Limited’s filings with the SEC. All information
provided in this press release is as of the date of this press release, and Yalla
Group Limited does not undertake any obligation to update any forward-looking statement,
except as required under applicable law.

**For investor and media inquiries, please contact: **

Yalla Group Limited
Investor RelationsKerry Gao – IR DirectorTel: +86-571-8980-7962Email:
[ir@yalla.com](https://www.thailand-business-news.com/pr-news/ir@yalla.com)

Piacente Financial Communications
Jenny CaiTel: +86-10-6508-0677Email: [yalla@tpg-ir.com](https://www.thailand-business-news.com/pr-news/yalla@tpg-ir.com)

In the United States:

Piacente Financial Communications
Brandi PiacenteTel: +1-212-481-2050Email: [yalla@tpg-ir.com](https://www.thailand-business-news.com/pr-news/yalla@tpg-ir.com)

 

  |

**YALLA GROUP LIMITED**

  |  
 |

**UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS**

  |  
 |   |  
 |   |   |

**As of**

  |   |  
 |   |   |

**December 31,**
**2025**

  |   |   |

**March 31,**
**2026**

  |   |  
 |   |   |

**US$**

  |   |   |

**US$**

  |   |  
 |

**ASSETS**

  |   |   |   |   |   |   |  
 |

**Current assets**

  |   |   |   |   |   |   |  
 |

Cash and cash equivalents

  |   |   |

526,972,019

  |   |   |   |

368,953,281

  |   |  
 |

Restricted cash

  |   |   |

1,625,525

  |   |   |   |

1,652,268

  |   |  
 |

Term deposits

  |   |   |

84,800,000

  |   |   |   |

120,000,000

  |   |  
 |

Short-term investments

  |   |   |

141,251,128

  |   |   |   |

316,052,381

  |   |  
 |

Prepayments and other current assets

  |   |   |

41,659,226

  |   |   |   |

29,568,861

  |   |  
 |

**Total current assets**

  |   |   |

**796,307,898**

  |   |   |   |

**836,226,791**

  |   |  
 |

**Non-current assets**

  |   |   |   |   |   |   |  
 |

Property and equipment, net

  |   |   |

14,976,818

  |   |   |   |

14,875,625

  |   |  
 |

Intangible asset, net

  |   |   |

728,348

  |   |   |   |

667,104

  |   |  
 |

Operating lease right-of-use assets

  |   |   |

1,902,655

  |   |   |   |

2,446,814

  |   |  
 |

Long-term investments

  |   |   |

82,053,772

  |   |   |   |

56,242,491

  |   |  
 |

Other assets

  |   |   |

250,000

  |   |   |   |

500,000

  |   |  
 |

**Total non-current assets**

  |   |   |

**99,911,593**

  |   |   |   |

**74,732,034**

  |   |  
 |

**Total assets**

  |   |   |

**896,219,491**

  |   |   |   |

**910,958,825**

  |   |  
 |   |   |   |   |   |   |   |  
 |

**LIABILITIES**

  |   |   |   |   |   |   |  
 |

**Current liabilities**

  |   |   |   |   |   |   |  
 |

Accounts payable

  |   |   |

1,066,625

  |   |   |   |

884,186

  |   |  
 |

Deferred revenue, current

  |   |   |

55,178,093

  |   |   |   |

53,986,908

  |   |  
 |

Operating lease liabilities, current

  |   |   |

357,525

  |   |   |   |

798,145

  |   |  
 |

Amounts due to a related party

  |   |   |

44,177

  |   |   |   |

24,046

  |   |  
 |

Income taxes payable

  |   |   |

1,319,111

  |   |   |   |

1,750,137

  |   |  
 |

Accrued expenses and other current liabilities

  |   |   |

30,350,120

  |   |   |   |

20,385,644

  |   |  
 |

**Total current liabilities**

  |   |   |

**88,315,651**

  |   |   |   |

**77,829,066**

  |   |  
 |

**Non-current liabilities**

  |   |   |   |   |   |   |  
 |

Deferred revenue, non-current

  |   |   |

1,837,543

  |   |   |   |

1,762,983

  |   |  
 |

Operating lease liabilities, non-current

  |   |   |

1,095,245

  |   |   |   |

1,386,639

  |   |  
 |

Deferred tax liabilities

  |   |   |

2,924,137

  |   |   |   |

3,032,062

  |   |  
 |

**Total non-current liabilities**

  |   |   |

**5,856,925**

  |   |   |   |

**6,181,684**

  |   |  
 |

**Total liabilities**

  |   |   |

**94,172,576**

  |   |   |   |

**84,010,750**

  |   |  
 |   |   |   |   |   |   |   |  
 |

**EQUITY**

  |   |   |   |   |   |   |  
 |

**Shareholders’ equity of Yalla Group Limited**

  |   |   |   |   |   |   |  
 |

Class A Ordinary Shares

  |   |   |

13,441

  |   |   |   |

13,441

  |   |  
 |

Class B Ordinary Shares

  |   |   |

2,473

  |   |   |   |

2,473

  |   |  
 |

Additional paid-in capital

  |   |   |

339,199,644

  |   |   |   |

344,098,968

  |   |  
 |

Treasury stock

  |   |   |

(42,497,929)

  |   |   |   |

(49,915,895)

  |   |  
 |

Accumulated other comprehensive loss

  |   |   |

(1,636,586)

  |   |   |   |

(460,218)

  |   |  
 |

Retained earnings

  |   |   |

515,197,658

  |   |   |   |

542,009,324

  |   |  
 |

**Total shareholders’ equity of Yalla Group Limited**

  |   |   |

**810,278,701**

  |   |   |   |

**835,748,093**

  |   |  
 |

Non-controlling interests

  |   |   |

(8,231,786)

  |   |   |   |

(8,800,018)

  |   |  
 |

**Total equity**

  |   |   |

**802,046,915**

  |   |   |   |

**826,948,075**

  |   |  
 |

**Total liabilities and equity**

  |   |   |

**896,219,491**

  |   |   |   |

**910,958,825**

  |   |

 

  |

**YALLA GROUP LIMITED **

  |  
 |

**UNAUDITED CONDENSED CONSOLIDATED STATEMENTS**

  |  
 |

**OF OPERATIONS**

  |  
 |   |  
 |   |   |

**Three Months Ended**

  |  
 |   |   |

**March 31,**
**2025**

  |   |

**December 31,**
**2025**

  |   |

**March 31,**
**2026**

  |  
 |   |   |

**US$**

  |   |

**US$**

  |   |

**US$**

  |  
 |

**Revenues**

  |   |   |

83,876,767

  |   |   |

83,860,924

  |   |   |

79,006,789

  |  
 |

**Costs and expenses**

  |   |   |   |   |   |   |  
 |

Cost of revenues

  |   |   |

(29,200,423)

  |   |   |

(26,349,923)

  |   |   |

(26,473,813)

  |  
 |

Selling and marketing expenses

  |   |   |

(6,943,268)

  |   |   |

(9,362,742)

  |   |   |

(9,722,665)

  |  
 |

General and administrative expenses

  |   |   |

(8,695,308)

  |   |   |

(12,052,397)

  |   |   |

(10,251,576)

  |  
 |

Technology and product development expenses

  |   |   |

(7,828,137)

  |   |   |

(9,474,910)

  |   |   |

(9,097,323)

  |  
 |

**Total costs and expenses**

  |   |   |

**(52,667,136)**

  |   |   |

**(57,239,972)**

  |   |   |

**(55,545,377)**

  |  
 |

**Operating income**

  |   |   |

**31,209,631**

  |   |   |

**26,620,952**

  |   |   |

**23,461,412**

  |  
 |

Interest income

  |   |   |

6,561,180

  |   |   |

6,008,731

  |   |   |

5,884,059

  |  
 |

Government grants

  |   |   |

63,433

  |   |   |

201,230

  |   |   |

67,165

  |  
 |

Investment (loss) income

  |   |   |

(17,702)

  |   |   |

1,101,141

  |   |   |

(432,522)

  |  
 |

**Income before income taxes**

  |   |   |

**37,816,542**

  |   |   |

**33,932,054**

  |   |   |

**28,980,114**

  |  
 |

Income tax (expense) benefit

  |   |   |

(1,437,077)

  |   |   |

601,477

  |   |   |

(620,089)

  |  
 |

**Net income**

  |   |   |

**36,379,465**

  |   |   |

**34,533,531**

  |   |   |

**28,360,025**

  |  
 |

Net loss attributable to non-controlling interests

  |   |   |

711,935

  |   |   |

327,002

  |   |   |

575,459

  |  
 |

**Net income attributable to Yalla Group**
   **Limited’s shareholders**

  |   |   |

**37,091,400**

  |   |   |

**34,860,533**

  |   |   |

**28,935,484**

  |  
 |

**Earnings per ordinary share**

  |   |   |   |   |   |   |  
 |

——Basic

  |   |   |

0.23

  |   |   |

0.23

  |   |   |

0.19

  |  
 |

——Diluted

  |   |   |

0.20

  |   |   |

0.20

  |   |   |

0.16

  |  
 |

**Weighted average number of shares**
   **outstanding used in computing earnings**   **per ordinary share**

  |   |   |   |   |   |   |  
 |

——Basic

  |   |   |

159,186,659

  |   |   |

153,979,633

  |   |   |

152,975,006

  |  
 |

——Diluted

  |   |   |

182,187,686

  |   |   |

178,066,658

  |   |   |

177,171,652

  |  
 |   |   |   |   |   |   |   |   |   |   |  
 |

Share-based compensation was allocated in cost of revenues, selling and marketing expenses, general and administrative expenses and 
technology and product development expenses as follows:

  |  
 |   |   |   |   |   |   |   |   |   |   |  
 |   |   |

**Three Months Ended**

  |  
 |   |   |

**March 31,**
**2025**

  |   |

**December 31,**
**2025**

  |   |

**March 31,**
**2026**

  |  
 |   |   |

**US$**

  |   |

**US$**

  |   |

**US$**

  |  
 |

Cost of revenues

  |   |   |

1,326,085

  |   |   |

1,060,328

  |   |   |

2,150,971

  |  
 |

Selling and marketing expenses

  |   |   |

171,028

  |   |   |

144,874

  |   |   |

440,566

  |  
 |

General and administrative expenses

  |   |   |

1,130,507

  |   |   |

1,068,269

  |   |   |

2,161,700

  |  
 |

Technology and product development expenses

  |   |   |

119,474

  |   |   |

43,907

  |   |   |

146,087

  |  
 |

**Total share-based compensation expenses**

  |   |   |

**2,747,094**

  |   |   |

**2,317,378**

  |   |   |

**4,899,324**

  |

 

  |

**YALLA GROUP LIMITED**

  |  
 |

**RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS**

  |  
 |   |  
 |   |   |

**Three Months Ended**

  |   |  
 |   |   |

**March 31,**
**2025**

  |   |   |

**December 31,**
**2025**

  |   |   |

**March 31,**
**2026**

  |   |  
 |   |   |

**US$**

  |   |   |

**US$**

  |   |   |

**US$**

  |   |  
 |

Operating income

  |   |   |

31,209,631

  |   |   |   |

26,620,952

  |   |   |   |

23,461,412

  |   |  
 |

Share-based compensation expenses

  |   |   |

2,747,094

  |   |   |   |

2,317,378

  |   |   |   |

4,899,324

  |   |  
 |

**Non-GAAP operating income**

  |   |   |

**33,956,725**

  |   |   |   |

**28,938,330**

  |   |   |   |

**28,360,736**

  |   |  
 |   |   |   |   |   |   |   |   |   |   |  
 |

Net income

  |   |   |

36,379,465

  |   |   |   |

34,533,531

  |   |   |   |

28,360,025

  |   |  
 |

Share-based compensation expenses, 
   net of tax effect of nil

  |   |   |

2,747,094

  |   |   |   |

2,317,378

  |   |   |   |

4,899,324

  |   |  
 |

**Non-GAAP net income**

  |   |   |

**39,126,559**

  |   |   |   |

**36,850,909**

  |   |   |   |

**33,259,349**

  |   |  
 |   |   |   |   |   |   |   |   |   |   |  
 |

Net income attributable to Yalla
   Group Limited’s shareholders

  |   |   |

37,091,400

  |   |   |   |

34,860,533

  |   |   |   |

28,935,484

  |   |  
 |

Share-based compensation expenses, 
   net of tax effect of nil

  |   |   |

2,747,094

  |   |   |   |

2,317,378

  |   |   |   |

4,899,324

  |   |  
 |

**Non-GAAP net income attributable to**
   **Yalla Group Limited’s shareholders**

  |   |   |

**39,838,494**

  |   |   |   |

**37,177,911**

  |   |   |   |

**33,834,808**

  |   |  
 |   |   |   |   |   |   |   |   |   |   |  
 |

**Non-GAAP earnings per ordinary share**

  |   |   |   |   |   |   |   |   |   |  
 |

——Basic

  |   |   |

0.25

  |   |   |   |

0.24

  |   |   |   |

0.22

  |   |  
 |

——Diluted

  |   |   |

0.22

  |   |   |   |

0.21

  |   |   |   |

0.19

  |   |  
 |

**Weighted average number of shares**
   **outstanding used in computing earnings**   **per ordinary share**

  |   |   |   |   |   |   |   |   |   |  
 |

——Basic

  |   |   |

159,186,659

  |   |   |   |

153,979,633

  |   |   |   |

152,975,006

  |   |  
 |

——Diluted

  |   |   |

182,187,686

  |   |   |   |

178,066,658

  |   |   |   |

177,171,652

  |   |

 

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**Read the original article :** [Yalla Group Limited Announces Unaudited First Quarter 2026 Financial Results ](http://www.prnasia.com/story/archive/4961628_CN61628_0?rand=184833)
