Kuaishou Technology (KUAISHOU) income statement

HKSE · Communication Services · Internet Content & Information · 24,202 employees · CEO Yi Xiao Cheng

Price: HK$27.52 +3.77%
Market cap: HK$118B
Enterprise value: CN¥127B
Last report: Q2 '26 filed 2026-06-30
Next report: 2026-11-24

Kuaishou Technology (KUAISHOU) reported revenue of CN¥35.4B for Q2 '26 (+1.0% year on year), operating income of CN¥2.92B (8.2% of revenue) and net income of CN¥3.13B. Over the last four quarters revenue was CN¥144B.

Income statement

Income statement	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Revenue	CN¥27.9B	CN¥32.6B	CN¥29.4B	CN¥31B	CN¥31.1B	CN¥35.4B	CN¥32.6B	CN¥35B	CN¥35.5B	CN¥39.6B	CN¥33.4B	CN¥35.4B
Cost of revenue	CN¥13.5B	CN¥15.3B	CN¥13.3B	CN¥13.8B	CN¥14.2B	CN¥16.3B	CN¥14.8B	CN¥15.5B	CN¥16.5B	CN¥17.7B	CN¥16.3B	CN¥18.5B
Gross profit	CN¥14.5B	CN¥17.3B	CN¥16.1B	CN¥17.1B	CN¥16.9B	CN¥19.1B	CN¥17.8B	CN¥19.5B	CN¥19.1B	CN¥21.8B	CN¥17.1B	CN¥16.9B
Research & development	CN¥2.97B	CN¥3.3B	CN¥2.84B	CN¥2.81B	CN¥3.1B	CN¥3.45B	CN¥3.45B	CN¥3.4B	CN¥3.65B	CN¥4.14B	CN¥3.59B	CN¥4.56B
Sales & marketing	CN¥8.94B	CN¥10.2B	CN¥9.38B	CN¥10B	CN¥10.4B	CN¥11.3B	CN¥9.9B	CN¥10.5B	CN¥10.4B	CN¥11.4B	CN¥10.3B	CN¥9.92B
General & administrative	CN¥898M	CN¥752M	CN¥462M	CN¥792M	CN¥796M	CN¥866M	CN¥828M	CN¥897M	CN¥688M	CN¥930M	CN¥766M	CN¥895M
Other operating expenses	-CN¥562M	-CN¥576M	-CN¥560M	-CN¥408M	-CN¥465M	-CN¥779M	-CN¥643M	-CN¥585M	-CN¥1M	-CN¥453M	-CN¥100M	-CN¥1.36B
Operating expenses	CN¥12.2B	CN¥13.7B	CN¥12.1B	CN¥13.2B	CN¥13.8B	CN¥14.9B	CN¥13.5B	CN¥14.2B	CN¥14.4B	CN¥16B	CN¥14.6B	CN¥14B
Operating income	CN¥2.21B	CN¥3.62B	CN¥3.99B	CN¥3.91B	CN¥3.12B	CN¥4.27B	CN¥4.26B	CN¥5.29B	CN¥4.67B	CN¥5.79B	CN¥2.51B	CN¥2.92B
Interest income	CN¥712M	CN¥135M	CN¥114M	CN¥66M	CN¥37M	CN¥19M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Interest expense	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥24M	CN¥54M	CN¥40M	CN¥40M	CN¥171M	CN¥257M
Other non-operating income (gains on investments, FX ...)	CN¥128M	-CN¥1.17B	CN¥24M	CN¥374M	CN¥0	CN¥1.71B	CN¥3M	CN¥685M	-CN¥623M	CN¥2.8B	CN¥0	CN¥0
Total non-operating income	CN¥109M	CN¥112M	CN¥111M	CN¥47M	CN¥31M	CN¥18M	-CN¥22M	-CN¥66M	CN¥586M	-CN¥40M	CN¥872M	CN¥565M
Income before tax	CN¥2.32B	CN¥3.73B	CN¥4.11B	CN¥3.95B	CN¥3.15B	CN¥4.29B	CN¥4.24B	CN¥5.22B	CN¥5.26B	CN¥5.75B	CN¥3.38B	CN¥3.48B
Income tax	CN¥138M	CN¥122M	-CN¥15M	-CN¥27M	-CN¥150M	CN¥312M	CN¥258M	CN¥301M	CN¥773M	CN¥516M	CN¥499M	CN¥344M
Net income	CN¥2.18B	CN¥3.61B	CN¥4.12B	CN¥3.98B	CN¥3.27B	CN¥3.97B	CN¥3.98B	CN¥4.92B	CN¥4.49B	CN¥5.23B	CN¥2.88B	CN¥3.13B
EPS (basic)	CN¥0.51	CN¥0.83	CN¥0.95	CN¥0.90	CN¥0.76	CN¥0.93	CN¥0.92	CN¥1.15	CN¥1.04	CN¥1.19	CN¥0.67	CN¥0.73
EPS (diluted)	CN¥0.49	CN¥0.81	CN¥0.94	CN¥0.90	CN¥0.75	CN¥0.90	CN¥0.91	CN¥1.13	CN¥1.02	CN¥1.16	CN¥0.65	CN¥0.72
Shares (basic, weighted)	4.32B	4.47B	4.32B	4.4B	4.36B	4.39B	4.33B	4.27B	4.29B	4.44B	4.3B	4.31B
Shares (diluted, weighted)	4.43B	4.47B	4.4B	4.4B	4.38B	4.39B	4.37B	4.35B	4.41B	4.44B	4.4B	4.37B
Depreciation & amortization	CN¥1.81B	CN¥1.78B	CN¥1.72B	CN¥1.76B	CN¥1.79B	CN¥1.88B	CN¥1.57B	CN¥1.73B	CN¥1.86B	CN¥2.03B	CN¥2.17B	CN¥2.61B
EBITDA	CN¥3.89B	CN¥6.57B	CN¥5.69B	CN¥5.29B	CN¥4.91B	CN¥6.15B	CN¥5.82B	CN¥6.34B	CN¥7.16B	CN¥5.03B	CN¥4.68B	CN¥5.53B

Income statement	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	CN¥8.34B	CN¥20.3B	CN¥39.1B	CN¥58.8B	CN¥81.1B	CN¥94.2B	CN¥113B	CN¥127B	CN¥143B
Cost of revenue	CN¥5.73B	CN¥14.5B	CN¥25B	CN¥35B	CN¥47.1B	CN¥52.1B	CN¥56.1B	CN¥57.6B	CN¥64.2B
Gross profit	CN¥2.61B	CN¥5.8B	CN¥14.1B	CN¥23.8B	CN¥34B	CN¥42.1B	CN¥57.4B	CN¥69.3B	CN¥78.5B
Research & development	CN¥477M	CN¥1.76B	CN¥2.94B	CN¥6.55B	CN¥15B	CN¥13.8B	CN¥12.3B	CN¥12.2B	CN¥14.5B
Sales & marketing	CN¥1.36B	CN¥4.26B	CN¥9.87B	CN¥26.6B	CN¥44.2B	CN¥37.1B	CN¥36.5B	CN¥41.1B	CN¥42.2B
General & administrative	CN¥48.5M	CN¥181M	CN¥302M	CN¥1.68B	CN¥3.4B	CN¥3.92B	CN¥3.51B	CN¥2.92B	CN¥3.34B
Other operating expenses	-CN¥20.5B	-CN¥11.9B	CN¥271M	-CN¥528M	-CN¥1.03B	-CN¥1.55B	-CN¥1.39B	-CN¥2.22B	-CN¥2.15B
Operating expenses	CN¥2.04B	CN¥6.45B	CN¥13.4B	CN¥34.3B	CN¥61.5B	CN¥53.3B	CN¥51B	CN¥54B	CN¥57.9B
Operating income	CN¥608M	-CN¥521M	CN¥722M	-CN¥10.3B	-CN¥27.7B	-CN¥12.6B	CN¥6.43B	CN¥15.3B	CN¥20.6B
Interest income	CN¥16.8M	CN¥106M	CN¥92.4M	CN¥210M	CN¥521M	CN¥732M	CN¥1.12B	CN¥1.07B	CN¥962M
Interest expense	CN¥6.58M	CN¥53.1M	CN¥103M	CN¥225M	CN¥562M	CN¥549M	CN¥577M	CN¥700M	CN¥897M
Other non-operating income (gains on investments, FX ...)	CN¥20.5B	CN¥11.8B	CN¥19.9B	CN¥107B	CN¥50.8B	-CN¥1.38B	-CN¥953M	CN¥1.71B	CN¥2.8B
Total non-operating income	-CN¥20.5B	-CN¥11.9B	-CN¥20B	-CN¥107B	-CN¥51.4B	CN¥27M	CN¥458M	CN¥207M	-CN¥165M
Income before tax	-CN¥19.9B	-CN¥12.4B	-CN¥19.3B	-CN¥117B	-CN¥79.1B	-CN¥12.5B	CN¥6.89B	CN¥15.5B	CN¥20.5B
Income tax	CN¥104M	CN¥28.2M	CN¥386M	-CN¥566M	-CN¥1.03B	CN¥1.16B	CN¥490M	CN¥150M	CN¥1.85B
Net income	-CN¥20B	-CN¥12.4B	-CN¥19.7B	-CN¥117B	-CN¥78.1B	-CN¥13.7B	CN¥6.4B	CN¥15.3B	CN¥18.6B
EPS (basic)	-CN¥4.88	-CN¥3.03	-CN¥4.78	-CN¥28.39	-CN¥20.37	-CN¥3.22	CN¥1.48	CN¥3.56	CN¥4.24
EPS (diluted)	-CN¥4.88	-CN¥3.03	-CN¥4.78	-CN¥28.39	-CN¥20.37	-CN¥3.22	CN¥1.44	CN¥3.48	CN¥4.23
Shares (basic, weighted)	4.11B	4.11B	4.11B	4.11B	3.83B	4.25B	4.44B	4.41B	4.4B
Shares (diluted, weighted)	4.11B	4.11B	4.11B	4.11B	3.83B	4.25B	4.44B	4.41B	4.4B
Depreciation & amortization	CN¥116M	CN¥1.18B	CN¥2.16B	CN¥4.86B	CN¥6.89B	CN¥6.57B	CN¥7.2B	CN¥7.14B	CN¥7.2B
EBITDA	-CN¥19.8B	-CN¥11.2B	-CN¥17B	-CN¥112B	-CN¥71.7B	-CN¥5.41B	CN¥14.6B	CN¥20.7B	CN¥25B

Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.

Revenue, operating income and growth

quarterly

Margins

quarterly

Costs as % of revenue

quarterly

The other statements

Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings.

Data as of 2026-11-02 · Amounts in CNY as reported; price and market cap in HKD.