OPERATING LEASES

12 Months Ended

Dec. 31, 2025

13.OPERATING LEASES

The Group’s operating leases are primarily for offices. The components of lease expenses are as follows:

13.OPERATING LEASES (CONTINUED)

Supplemental balance sheet information related to operating leases is as follows:


	As of December 31,
	2024	2025
	RMB	RMB
	(In thousands)
Right-of-use assets, net	302,856	161,452

Operating lease liabilities, current	180,782	94,016
Operating lease liabilities, non-current	121,345	64,027
Total operating lease liabilities	302,127	158,043


	As of December 31,
	2024		2025
Weighted average remaining lease term (in years)	2.15		2.24
Weighted average discount rate	4.78	%	4.39	%

Supplemental cash flow information related to operating leases is as follows:

Maturities of operating lease liabilities are as follows:


		Amount
		RMB
		(In thousands)
For the year ended December 31,
2026		95,961
2027		41,788
2028		16,665
2029		8,847
2030		2,788
Thereafter		—
Total undiscounted lease payments		166,049
Less: imputed interest		(8,006)
Total operating lease liabilities		158,043

For the year ended December 31,

(In thousands)

Cash paid for amounts included in the measurement of operating lease liabilities