Autohome Reports Declining Revenue and Profit for Second Quarter 2026

Net income attributable to the company dropped to RMB247.8 million, down from RMB415.7 million in the second quarter of 2025. Management attributed the revenue contraction primarily to reduced dealer spending and lower transaction volume within its vehicle sales division. Despite these headwinds, the firm continues to pivot toward an integrated service ecosystem.

Chief Executive Officer Chi Liu highlighted recent strategic moves, including the launch of the 'Autohome Good Car' offline franchise chain and the public beta of 'Cheese Car Butler,' a proprietary AI agent designed to capture a larger share of the evolving automotive tech market. To signal confidence in long-term value, the board completed a US$200 million share repurchase program in July and has already authorized a new US$400 million buyback plan for the coming year.