Kuaishou Technology Announces First Quarter 2026 Unaudited Financial Results

PR Newswire
2026.05.27 08:38
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Kuaishou Technology reported its unaudited financial results for Q1 2026, showing a 3.4% revenue increase to RMB33.7 billion. Average DAUs rose to 412.7 million, while adjusted net profit fell to RMB3.4 billion. The company emphasized its AI strategy, with revenues from online marketing services up 9.3% and a significant growth in its Kling AI business. However, live streaming revenue decreased by 13.5%. Kuaishou repurchased 17.96 million shares for HKD854 million during this period.