Here Announces Unaudited Financial Results for the Third Quarter of Fiscal Year 2026

Here Group Limited (NASDAQ: HERE), an IP-based pop toy company, reported Q3 FY2026 revenues of RMB164.7 million, down from RMB177.3 million in Q2, with a net loss of RMB34.1 million. The company significantly revised its full-year FY2026 revenue guidance downward from RMB750-800 million to RMB600-610 million, citing near-term market realities and seasonal headwinds. Management attributed the decline to adjusted product launch cadence and Chinese New Year holiday impacts, while highlighting improved gross margins and strategic cost refinements.