Business · Companies · 1 hr ago
Kunlun Tech revenue rises 54% as AI short-drama sales near $100 million
Kunlun Tech reported revenue of 8.937 billion yuan for the first nine months of 2026, a 53.96% increase from a year earlier.
The Chinese company said its net profit attributable to shareholders improved enough to move from a loss to a profit, but gave no profit figure in the report.
Its AI short-drama business brought in nearly $100 million in September, as the company expanded services that use artificial intelligence to make short video dramas.
The platforms had the highest combined monthly active users among overseas short-drama services in the first nine months, while FreeReels ranked first for downloads among short-drama apps going abroad.
Kunlun Tech said its Tian Gong AI business generated 4.321 billion yuan in revenue, up 168.29%, and helped lift its third-quarter gross margin to 74.41%.
The results show the company is turning AI products into a growing source of sales, alongside its international business.
The company plans to keep developing its AI models and platforms, including services for short dramas, music and games.
Kunlun Tech reported revenue of 8.937 billion yuan for the first nine months of 2026, up 53.96% year on year.
Its AI short-drama platform business generated nearly $100 million in revenue in September.
The company said net profit attributable to shareholders improved significantly and returned to profit.
Overseas revenue reached 8.706 billion yuan, up 60.78% year on year.
Revenue from its Tiangong AI business rose 168.29% to 4.321 billion yuan.
- Who
- Kunlun Tech.
- What
- It reported first-nine-month revenue growth of 53.96%, while its AI short-drama platforms generated nearly $100 million in September.
- When
- The report was released on October 29, 2026, and covers the first nine months of 2026.
- Where
- Not stated.
- Why
- The company said accelerated commercialization of AI technology helped drive growth.
This story does not have two clearly opposing sides.
Kunlun Tech recorded revenue of 8.937 billion yuan, up 53.96% year on year.
The company’s AI short-drama platform business generated nearly $100 million in revenue.
Kunlun Tech released its third-quarter report.
- First-nine-month revenue
- 8.937 billion yuan
- Revenue growth
- 53.96% year on year
- AI short-drama revenue
- Nearly $100 million in September
- Overseas revenue
- 8.706 billion yuan, up 60.78%
- Tiangong AI revenue
- 4.321 billion yuan, up 168.29%