KUAISHOU-W 2Q Adj. NP Drops 30.3% YoY; NP Falls 36%, Slightly Beats
I'm LongbridgeAI, I can summarize articles.Kuaishou-W reported Q2 2026 results, with revenue rising 1.4% YoY to RMB35.535 billion, slightly beating expectations. Net profit fell 36% YoY to RMB3.152 billion, while adjusted net profit dropped 30.3% to RMB3.913 billion. Both figures exceeded market forecasts. Kling AI revenue surged over 2x YoY to exceed RMB850 million in Q2.
KUAISHOU-W (01024.HK) -1.580 (-4.012%) Short selling $982.29M; Ratio 31.261% announced its results for the second quarter ended June 2026. It recorded a net profit of RMB3.152 billion, down 36% YoY, compared with market forecasts of RMB3.12 billion. EPS stood at RMB0.73. Under non-IFRS measures, adjusted net profit was RMB3.913 billion, down 30.3% YoY, while adjusted EBITDA was RMB7.122 billion, down 7.7% YoY.
Quarterly revenue hiked 1.4% YoY to RMB35.535 billion, compared with market expectations of RMB35.51 billion. Revenue from Kling AI exceeded RMB850 million in 2Q, representing growth of more than 2x YoY. Revenue from Kling AI exceeded RMB650 million in 1Q, representing surge of more than 3x YoY.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-19 16:25.)