Kuaishou Q1 FY26 profit drops 27% to RMB 2.9 billion; revenue rises 3.4% to RMB 33.7 billion

PUBT
2026.05.27 08:34
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Kuaishou Technology reported a 3.4% increase in Q1 FY26 revenue to RMB 33.72 billion, while profit fell 27% to RMB 2.91 billion. Operating profit decreased by 15.6% to RMB 3.6 billion, with a gross margin decline of 3.4 percentage points to 51.2%. Online marketing services revenue rose 9.3%, but live streaming revenue dropped 13.5%. Average DAUs reached 413 million, and MAUs climbed to 772 million.