Kunlun Tech Co (300418) Q3 2025 earnings summary

Executive summary

• Achieved revenue of ¥5.80 billion for the first nine months, up 51.6% year-over-year, driven by strong growth in AI, short drama, and overseas business.

• Net profit attributable to shareholders in Q3 was ¥190 million, a turnaround from losses in previous quarters.

• Overseas revenue reached ¥5.41 billion, accounting for 93.3% of total, up 58% year-over-year.

• Gross margin remained high at 69.9%, reflecting robust profitability.

Financial highlights

• Q3 revenue: ¥2.07 billion, up 56.16% year-over-year; nine-month revenue: ¥5.80 billion, up 51.63%.

• Q3 net profit: ¥190 million, up 180.13% year-over-year; nine-month net loss: ¥665 million, slightly improved.

• Q3 basic/diluted EPS: ¥0.15, up 178.95% year-over-year.

• Operating cash flow for Q3: -¥734 million, down 330% year-over-year.

• Total assets at period end: ¥20.64 billion; shareholders’ equity: ¥14.04 billion.

Outlook and guidance

• Will deepen AI technology industrialization, enhance global market presence, and drive high-quality AI business growth.

• Aims to solidify AI as a long-term growth engine and strengthen core competitiveness.