Kuaishou reports Q2 growth: what it means for Kuaishou stock

Published on 10/07/2026 at 05:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

For Kuaishou stock, Q2 revenue reached RMB 35.5 billion, up 1.40 percent. Adjusted net profit reached RMB 3.9 billion at an 11.00 percent margin.

Kuaishou, KYG532631028, Illustration mit AI erstellt.

Kuaishou Technology (ISIN KYG532631028) reported second-quarter 2026 revenue of RMB 35.5 billion, up 1.40 percent year over year, while adjusted net profit reached RMB 3.9 billion at an 11.00 percent adjusted net margin. The results, released on August 19, 2026, show a widening gap between continued platform monetization and the cost of Kuaishou's artificial intelligence expansion, according to Yahoo Finance.

AI revenue grows faster

Kuaishou's core commercial business, including online marketing services and other services, increased 7.40 percent year over year in the second quarter. Online marketing revenue reached RMB 20.6 billion, up 4.40 percent, while other services revenue rose 18.50 percent to RMB 6.2 billion, according to Yahoo Finance.

Kling AI was the clearest growth point inside that mix. Revenue from the video-generation business exceeded RMB 850 million in the second quarter and grew more than 200 percent year over year, while average daily active users on the Kuaishou app reached 412 million.

Profit pressure remains visible

The same quarter also carried a clear cost signal. Research and development expenses rose 34.70 percent year over year to RMB 4.6 billion, and gross profit fell to RMB 18.3 billion from RMB 19.5 billion in the comparable period, according to the earnings-call transcript.

The Globe and Mail reported on August 20, 2026, that Kuaishou's interim results covered the three and six months ended June 30, 2026, with first-half revenue of RMB 69.25 billion, up 2.40 percent year over year. The report also cited a Buy rating and an HKD 82.00 price target for the stock, providing a sharp contrast with the market price.

Hong Kong price stays under pressure

Kuaishou stock was trading at HKD 29.64 on HKEX on October 7, 2026 at 11:08 a.m. HKT, down 1.79 percent from HKD 30.18. The same quote showed a 52-week range of HKD 28.84 to HKD 89.85 and a market capitalization of HKD 127.2 billion. The 52-week high stood 67.02 percent above the market price.

The prior close at Lang & Schwarz was EUR 3.41 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Kuaishou stock.