Meituan

Investor relations

3690/83690

Listed on The Stock Exchange of Hong Kong (Main Board) since 20 September 2018. Controlled through weighted voting rights; incorporated in the Cayman Islands.

First quarter 2026 results (PDF)Corporate governance

First quarter 2026

Key figures, on the page.

Unaudited results for the three months ended 31 March 2026, announced 1 June 2026. Meituan's own site publishes this quarter only as a downloadable filing.

  • Revenue

    RMB 91.0bn

    Up 5.6% year over year from RMB 86.2bn

  • Loss for the period

    RMB 6.8bn

    Against a profit of RMB 10.1bn a year earlier, on intensified competition

  • Core Local Commerce revenue

    RMB 64.1bn

    Up 0.1% year over year; segment operating loss of RMB 2.0bn

  • New Initiatives revenue

    RMB 27.0bn

    Up 21.3% year over year; operating loss narrowed to RMB 2.1bn

  • Cash and cash equivalents

    RMB 117.0bn

    Plus RMB 63.3bn of short-term treasury investments, as at 31 March 2026

  • R&D expenses

    RMB 7.0bn

    Up from RMB 5.8bn in the first quarter of 2025

Figures transcribed from the results announcement linked above. They are unaudited and stated in RMB. Read the filing itself for the full statements, segment tables and the non-IFRS reconciliations.

Results and reports

The financial record.

Quarterly results

Annual and interim reports

Corporate social responsibility reports

Announcements and circulars

Filings and notices.

Published to The Stock Exchange of Hong Kong.

Events and calls

When results are published.

Event calendar

Latest conference call

First Quarter 2026 Financial Results

Beijing, 19 May 2026

Results released
Monday 1 June 2026, after market close
Call
7:00pm Hong Kong Time / 7:00am US Eastern Time, same day
Access code
10054908
Replay available until
Monday 8 June 2026, Hong Kong Time

Dial-in numbers

Pre-registerWebcast

Participants must pre-register to receive dial-in details by email, and are advised to dial in ten minutes before the call.

Analyst coverage

35 firms cover Meituan.

Listed alphabetically by firm. Contact details are the analysts' own.

FirmAnalystEmail
86Research LimitedXiaoyan Wangxiaoyan@86research.com
Bank of America Merrill LynchLei ZhangLei.zhang22@bofa.com
Bank of China InternationalMichael MengMichael.meng@bocigroup.com
Benchmark Company LLCFawne Jiangfjiang@benchmarkcompany.com
Bernstein ResearchRobin Zhurobin.zhu@bernstein.com
BOCOM International HoldingsConnie Guconnie.gu@bocomgroup.com
CCB International (Holdings) LimitedCathy Chancathychan@ccbintl.com
China International Capital CorporationYang Baiyang3.bai@cicc.com.cn
China Merchants Securities (Hong Kong)Tommy Wongtommywong@cmschina.com.hk
China Renaissance Securities (US)Ella Jiellaji@chinarenaissance.com
China Securities Co., LtdShifeng Cuicuishifeng@csc.com.cn
Citic SecuritiesYa Jiangjiangya@citics.com
Citigroup Global Markets Asia LimitedAlicia Yapalicia.yap@investmentresearch.citi.com
CLSA LimitedElinor Leungelinor.leung@clsa.com
CMB International Capital Corp LtdSaiyi Hehesaiyi@cmbi.com.hk
Daiwa Capital Markets Hong Kong LimitedJohn Choijohn.choi@hk.daiwacm.com
First Shanghai Securities Ltd.Simon Luosimon.luo@firstshanghai.com.hk
GF SecuritiesShi Kuangkuangshi@gf.com.cn
Goldman Sachs (Asia) LLCRonald Keungronald.keung@gs.com
Guotai Junan SecuritiesHeping Qinqinheping027734@gtjas.com
Haitong International Securities Group LimitedJasmine Baiy.bai@htisec.com
Haitong SecuritiesLeina Caocln13796@haitong.com
HSBCCharlene Liucharlene.r.liu@hsbc.com.sg
ICBC International Research LimitedZeping ZhaoZeping.zhao@icbci.icbc.com.cn
Industrial SecuritiesJiajun Honghongjiajun@xyzq.com.cn
J.P. Morgan Securities (Asia Pacific) LimitedAlex Yaoalex.yao@jpmorgan.com
Jefferies Hong KongThomas Chongthomas.chong@jefferies.com
Macquarie CapitalEllie JiangEllie.jiang@macquarie.com
Morgan StanleyGary YuGary.Yu@morganstanley.com
New Street ResearchJin K. Yoonjin.yoon@newstreetresearch.com.hk
Nomura International (Hong Kong) LimitedJialong ShiJialong.shi@nomura.com
Redburn AtlanticSophie XiaoSophie.xiao@redburnatlantic.com
SWS Research Co., Ltd.Lingyi Zhaozhaoly2@swsresearch.com
T.H. Capital ResearchTian X. Houthou@thdatacapital.com
UBS Group AGKenneth Fongkenneth-kc.fong@ubs.com

Meituan is followed by the analysts listed above. Any opinions, estimates, forecasts or recommendations regarding Meituan's performance made by these analysts are theirs alone and do not represent the opinions, forecasts or predictions of Meituan or its management. Listing an analyst does not imply that Meituan endorses or agrees with their conclusions.

Contact and disclosures

Reaching investor relations.

Meituan investor relations

For matters this redesign does not cover, or anything you intend to rely on, use Meituan's official investor relations site.

Exchange
The Stock Exchange of Hong Kong (Main Board)
Stock codes
3690 (HKD counter) · 83690 (RMB counter)
Listed
20 September 2018
Structure
Controlled through weighted voting rights; incorporated in the Cayman Islands
American Depositary Receipts — disclaimer

On 10 October 2008 the U.S. Securities and Exchange Commission published revisions to Rule 12g3-2(b) of the U.S. Securities Exchange Act of 1934 permitting depositary institutions to establish unsponsored American Depositary Receipt programmes without the involvement of the issuer. Meituan does not consent to, authorise, endorse or encourage the creation of any unsponsored ADR programme in respect of its securities, has not participated and will not participate in establishing one, and disclaims all liability in connection with any such programme. Meituan makes no representation that this site contains all English-language information it has published, or that it satisfies the conditions of the Rule 12g3-2(b) exemption.