Here Group Limited posts Q4 revenue decline; books goodwill impairment
Unaudited Q4 FY26 revenue was RMB127.7M (down 22.5% QoQ, up 94.1% YoY). Net loss from continuing operations was RMB169.6M, including a RMB124.1M goodwill impairment. FY26 revenue was RMB596.8M with a net loss of RMB254.9M.
Here Group Limited said unaudited Q4 FY26 revenue was RMB127.7M, down 22.5% from the prior quarter and up 94.1% year over year. The company reported a net loss from continuing operations of RMB169.6M for the quarter, including a RMB124.1M goodwill impairment. For FY26, revenue was RMB596.8M and net loss was RMB254.9M.