Kuaishou reports Q2 revenue flat at ~$5.2B, meeting est., net income down 36% YoY to ~$467M, the biggest drop since 2021, and Kling AI sales up 200% (Rachel Yeo/Bloomberg)
Kuaishou reported flat Q2 revenue and sharply lower profit while Kling AI sales grew 200%, showing rising AI demand and costs.
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<a href="https://www.bloomberg.com/news/articles/2026-08-19/kuaishou-earnings-drop-by-a-third-hit-by-ai-and-creator-costs"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260819/i12.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260819/p12#a260819p12" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Rachel Yeo / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-08-19/kuaishou-earnings-drop-by-a-third-hit-by-ai-and-creator-costs">Kuaishou reports Q2 revenue flat at ~$5.2B, meeting est., net income down 36% YoY to ~$467M, the biggest drop since 2021, and Kling AI sales up 200%</a></b></span> — Kuaishou Technology earnings fell the most in five years, hit by higher revenue sharing payouts to creators while artificial intelligence … </p>
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