Hello Group Inc.
MOMO · Services-Prepackaged Software · EDGAR filings ↗
Reference price $5.70 — last insider sale, 2026-03-31 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
C62Cash-rich, profitable Chinese social/dating operator, but reported revenue/margin figures look distorted.
Strengths
- Elite cash generation — FCF margin 75.1% (99th), OCF margin 79.8%, FCF $1.11B (89th)
- High returns and liquidity — ROA 40.8% (98th), current ratio 4.68 (89th)
Risks
- Data-quality concerns — revenue -86.0% and net margin 54.2% point to a revenue-line normalization artifact
- China/regulatory/VIE/ADR overhang — per 10-K
- Mature, declining core usage — per 10-K
Notable findings
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Strong balance sheetStrong balance sheet — $995M cash & investments
- Notable holderHeld by 5 notable fund(s): RENAISSANCE TECHNOLOGIES LLC, GOLDMAN SACHS GROUP INC, STATE STREET CORP +2 more (as of 2026-03-31)
Key metrics
Gross margin
37.8%
Operating margin
13.1%
Net margin
7.8%
Return on assets
5.8%
Revenue growth (QoQ)
2.4%
Net-income growth
-19.3%
Net debt / EBITDA
-4.8×
Interest coverage
18.7×
Current ratio
4.7×
Free cash flow
$99M
EBITDA
$205M
Cash & investments
$995M
Stock comp / revenue
1.6%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-15 | Qi Dave | Option exercise | 1.6K | — |
| 2026-04-08 | Qi Dave | Option exercise | 1.6K | — |
| 2026-04-08 | Tam Benson Bing Chung | Option exercise | 1.6K | — |
| 2026-04-07 | Qi Dave | Option exercise | 6.2K | — |
| 2026-04-07 | Tam Benson Bing Chung | Option exercise | 6.2K | — |
| 2026-04-06 | Tam Benson Bing Chung | Option exercise | 1.6K | — |
| 2026-04-06 | Tam Benson Bing Chung | Option exercise | 1.6K | — |
| 2026-04-06 | Qi Dave | Option exercise | 1.6K | — |
| 2026-03-31 | Wen Jianhua | Sell | 4.2K | $5.70 |
| 2026-03-31 | Wen Jianhua | Option exercise | 4.2K | $0.00 |
All non-derivative Form 4 activity (SEC), newest first.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-28 | 2025-12-31 | 0001193125-26-183444 ↗ |
| 20-F | 2025-04-28 | 2024-12-31 | 0001193125-25-098265 ↗ |
| 20-F | 2024-04-26 | 2023-12-31 | 0001193125-24-115459 ↗ |
| 20-F | 2023-04-25 | 2022-12-31 | 0001193125-23-113913 ↗ |
| 20-F | 2022-04-27 | 2021-12-31 | 0001193125-22-121910 ↗ |
| 20-F | 2021-04-27 | 2020-12-31 | 0001193125-21-132517 ↗ |
| 20-F | 2020-04-28 | 2019-12-31 | 0001193125-20-123373 ↗ |
| 20-F | 2019-04-26 | 2018-12-31 | 0001193125-19-120962 ↗ |
| 20-F | 2018-04-26 | 2017-12-31 | 0001193125-18-133102 ↗ |
| 20-F | 2017-04-26 | 2016-12-31 | 0001193125-17-138056 ↗ |
| 20-F | 2016-04-25 | 2015-12-31 | 0001193125-16-554145 ↗ |
| 20-F | 2015-04-20 | 2014-12-31 | 0001193125-15-138154 ↗ |