Kuaishou Technology's Q2 2026 financial report shows that the company's revenue in the second quarter reached 35.5 billion yuan, with core commercial revenue growing by 7.4% year-on-year. The adjusted net profit reached 3.9 billion yuan, with a net profit margin of 11%. At the same time, the average daily active users of Kuaishou app reached 412 million, and the monthly active users reached 797 million.
The AI business has become an important driving force for Kuaishou's growth. Among them, Kuaishou's KeLing AI generated revenue exceeding 850 million yuan in the second quarter, with a year-on-year growth of over 200%. As of June, KeLing AI's global user base exceeded 100 million, covering 224 countries and regions, and enterprise customers approached 50,000.
Regarding products, the KeLing AI 3.0 series model introduced native 4K video output function, supporting professional creation scenarios such as film and advertising; KeLing 3.0 Turbo further improved video generation efficiency and audio-visual synchronization capabilities. KeLing MCP and CLI support batch calls of AI Agents, expanding automated creation processes.
Kuaishou stated that AI is deeply integrated into internal R&D and business operations. As of June, more than 92% of employees used self-developed AI Agents, and the AI code contribution rate among R&D personnel reached 60%. In the second quarter, the average demand delivery cycle for R&D personnel was shortened by more than 10% compared to the first quarter, and the code submission volume of AI R&D personnel increased by more than 70%环比.
In terms of business, AI has driven improvements in content production and commercial efficiency. With AI lowering the barriers to creation, the supply of short dramas and manga dramas on Kuaishou has grown rapidly, and it is expected that the number of manga dramas will reach 500,000 in 2026. As of June, the supply of real-person short dramas and AI-generated short dramas increased by more than five times compared to the beginning of the year, and the online marketing spending on short dramas in the second quarter grew by more than 100% year-on-year.
At the same time, Kuaishou optimized marketing and e-commerce operations through AI. In the second quarter, AIGC short video marketing spending grew by more than 70% year-on-year. In the first half of 2026, over 850,000 merchants used Kuaishou's AI business tools, covering scenarios such as product selection, material production, business diagnosis, and intelligent customer service.
In terms of finance, as of the end of June, Kuaishou's available cash amounted to 121.3 billion yuan, and the net cash flow from operating activities in the second quarter was 5.9 billion yuan. This year, the company has completed approximately 2 billion Hong Kong dollars in share repurchases and 3 billion Hong Kong dollars in cash dividends.
With the continuous implementation of AI video generation, large models, and smart Agents, Kuaishou is accelerating the deep application of AI in content ecology, business services, and organizational efficiency.
