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Kunlun Tech Co (300418) investor relations material
Kunlun Tech Co Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for H1 2026 reached ¥5.36 billion, up 43.55% year-over-year, with overseas revenue up 51.21%.
Net profit attributable to shareholders was ¥1.09 billion, a turnaround from a loss last year.
AI-driven businesses, especially AI short drama platforms and Opera, were key growth drivers.
Major strategic focus on AGI and AIGC, with significant R&D and product launches in AI video, music, and gaming models.
Financial highlights
Operating income: ¥5.36 billion, up 43.55% year-over-year.
Net profit attributable to shareholders: ¥1.09 billion, up 227.17% year-over-year.
Basic EPS: ¥0.87, up 226.09% year-over-year.
Gross margin for internet segment: 65.11%.
Cash and equivalents at period end: ¥2.72 billion.
Outlook and guidance
Continued investment in AGI/AIGC and global AI commercialization.
Focus on expanding AI short drama, music, and gaming platforms, with ongoing R&D in SOTA models.
Plans for further international expansion and product localization.
- Revenue up 45.69% year-over-year, but net loss widened on investment losses; AI platforms lead globally.300418
Q1 2026 - Revenue up 44.78% to ¥8.20B, but net loss persists amid heavy AI investment.300418
Q4 2025 - Q3 net profit hit ¥190 million as revenue soared 51.6% year-over-year, led by AI and overseas growth.300418
Q3 2025 - Revenue up 49% to ¥3.73B, but net loss deepened to ¥855.5M amid heavy AI investment.300418
Q2 2025 - Q3 saw revenue growth and high gross margin, but investment losses led to a net loss.300418
Q3 2024 - Revenue up, net loss on investments; AI and overseas business drive future growth.300418
Q2 2024 - Revenue up 15.2% but net loss of ¥1.59B due to R&D and investment losses; AI business grows.300418
Q4 2024 - Revenue up 46% but net loss deepened on AI investment; global AI and content growth strong.300418
Q1 2025
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