Sound Group FY26 H1 net income jumps 78% to RMB 120.5 million; net revenues rise 25% to RMB 1.69 billion
Reuters2026/08/26 11:04- Sound Group posted GAAP net revenues of RMB 1.69 billion for the six months ended June 30, 2026, up 25% year over year.
- GAAP net income climbed 78% to RMB 120.55 million; basic net income per ADS more than doubled to RMB 29.08.
- Gross margin widened 2 percentage points to 31%, while GAAP operating income rose 88% to RMB 118.78 million.
- Subscription revenues grew by 245% year over year as the AI applications portfolio expanded; value-added services remained the main revenue base.
- Management highlighted global traction, citing a flagship app’s single-day peak No. 1 ranking among top-grossing Utilities in 23 markets.
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