--- title: "KUAISHOU executives interpret Q4 financial report: confident in achieving over 100% year-on-year growth in revenue this year" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/280481131.md" description: "KUAISHOU Technology released its Q4 2025 financial report, with total revenue increasing by 11.8% year-on-year to 39.6 billion yuan, and adjusted net profit of 5.5 billion yuan. Core business revenue grew by 17.1%. Executives discussed the future development of Keling AI during the conference call, emphasizing that video generation technology is still immature and there is significant room for innovation in the industry. Management stated that new technologies such as Seedance 2.0 will lower the creative threshold for users and promote industry advancement. Keling AI maintains a leading position in the global video generation large model" datetime: "2026-03-25T13:20:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280481131.md) - [en](https://longbridge.com/en/news/280481131.md) - [zh-HK](https://longbridge.com/zh-HK/news/280481131.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/280481131.md) | [English](https://longbridge.com/en/news/280481131.md) # KUAISHOU executives interpret Q4 financial report: confident in achieving over 100% year-on-year growth in revenue this year Kuaishou Technology released its fourth quarter and full-year performance for 2025. The financial report shows that in the fourth quarter of 2025, Kuaishou's total revenue increased by 11.8% year-on-year to RMB 39.6 billion, with adjusted net profit reaching RMB 5.5 billion. Among them, core business revenue, including online marketing services and other services, grew by 17.1% year-on-year. For details, see: Kuaishou's 2025 revenue of RMB 142.8 billion and adjusted net profit of RMB 20.6 billion. After the financial report was released, Kuaishou Technology's co-founder, executive director, and CEO Cheng Yixiao, CFO Jin Bing, and other executives attended the subsequent earnings call to interpret the key points of the report and answer analysts' questions. **The following are the main contents of the analyst Q&A session from this earnings call:** **Goldman Sachs analyst Lincoln Kong:** First of all, congratulations on the company's solid performance in the fourth quarter. My question is about Keling AI. Recently, we have also seen that updates to various video generation large models are accelerating, including the recent launch of Seedance 2.0, etc. What impact might these changes have on the entire industry or on the future of Keling AI? Could management share with us? What plans and strategies does the company have this year regarding Keling AI's technology, products, and monetization? **Cheng Yixiao:** As we have previously introduced, the complexity of video generation large models is high, with open forms for both input and output. There is a high degree of freedom in technology and product selection, and there is also considerable room for innovation. We still believe that video generation has not yet reached maturity in terms of technology and products, and many participants can work together to accelerate the progress of the industry and better meet user needs. The recent acceleration of updates to Seedance 2.0 and various video large models has brought positive effects to the industry, lowering the creation threshold for ordinary users while increasing the penetration of "AI video generation" in more application scenarios, making the industry's pie larger. The technical route of Seedance 2.0, which supports multi-modal input, is consistent with the Keling O1 model launched by Keling AI last December, further validating our foresight in iterating models around multi-modality. Keling AI's model and product capabilities remain at a leading position globally. In the AI video generation large model ranking, Keling AI's benchmark test score ranks first; in terms of character consistency, controllability, physical realism, and stability in complex scenes, Keling 3.0 performs even better. This further strengthens Keling AI's differentiated advantages among professional creators and enterprise clients. In the recent hit drama "Tai Ping Nian" produced by Huace Film & TV, Keling AI was deeply involved in the production of many virtual scenes and special effects, ensuring high-quality output of commercial-grade film and television content while significantly reducing production costs. This collaboration verifies the commercial value of Keling AI in top-tier film production and indicates that our focus on film production scenarios is the right direction From the perspective of revenue trends, Keling has maintained a very good month-on-month growth trend throughout this year. The ARR (Annual Run Rate) in January this year also exceeded $300 million. We **are very confident in achieving over 100% year-on-year revenue growth for Keling this year.** Regarding Keling's model iteration. Over the past year, we have consistently evolved around the direction of unification, native, and multimodal. When we released Keling 2.0, we first proposed the concept of multimodal visual language, or MVL, which expresses creativity by combining multimodal information to supplement the limitations of pure text interaction. In the Keling O1 large model launched in December 2025, we deepened the application of the MVL interaction architecture, enabling the input of multimodal instructions such as text, images, and videos, and simultaneously launched the "Keling 2.6" model, achieving multimodal output capabilities with "audio and visuals produced together." In February this year, based on the "All-in-One" concept, we launched the Keling 3.0 series models, achieving multimodal input and output within a single model. Next, we will consider expanding more modalities in the model to further enhance the possibilities of video generation, such as actions and expressions, and will also focus on solving the setup and consistency issues in complex scenes. Meanwhile, at the product level, we will steadily advance the capabilities of agents, achieving autonomous full-process creation. This includes automatic functions such as completing storyboard arrangements, ensuring consistency of characters and scenes, adapting audio-visual synchronization, and designing lighting and camera movements based on user needs. In summary, Keling AI will continue to uphold the vision of enabling everyone to tell great stories with AI, continuously refining model and product capabilities, and maintaining Keling's global leading position in technology and product commercialization. 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