Kunlun Tech Co., Ltd. (SHE:300418)

Revenue by Segment

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Advertising	3.04B	2.15B	1.65B	1.28B	978.03M
Advertising Growth	41.81%	29.81%	28.95%	31.05%	29.53%
Opera Search Division	1.55B	1.33B	1.14B	942.74M	786.83M
Opera Search Division Growth	16.75%	16.09%	21.22%	19.81%	35.51%
Overseas Social Network Division	1.04B	1.08B	973.75M	-	-
Overseas Social Network Division Growth	-3.85%	11.23%	-	-	-
Gaming segment	355.26M	444.48M	534.46M	727.00M	777.77M
Gaming segment Growth	-20.07%	-16.84%	-26.48%	-6.53%	-35.16%
Other Segment	387.87M	456.61M	134.46M	112.19M	187.52M
Other Segment Growth	-15.05%	239.59%	19.85%	-40.17%	102.84%
Ai Software Technology Division	204.83M	38.58M	-	-	-
Ai Software Technology Division Growth	430.86%	-	-	-	-
Short Drama Platform Division	1.62B	167.63M	-	-	-
Short Drama Platform Division Growth	864.92%	-	-	-	-
Xianxu Social Entertainment Platform Division	-	-	476.97M	-	-
Value-Added Service Business - Social Network	-	-	-	1.67B	2.12B
Value-Added Service Business - Social Network Growth	-	-	-	-21.11%	14.97%
Total	8.20B	5.66B	4.92B	4.74B	4.85B
Total Growth	44.78%	15.20%	3.78%	-2.35%	4.75%

Revenue by Geography

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
China	475.24M	510.64M	688.44M	1.06B	1.42B
China Growth	-6.93%	-25.83%	-35.27%	-25.23%	-21.24%
Overseas	7.72B	5.15B	4.23B	3.67B	3.43B
Overseas Growth	49.91%	21.89%	15.09%	7.15%	21.38%
Total	8.20B	5.66B	4.92B	4.74B	4.85B
Total Growth	44.78%	15.20%	3.78%	-2.35%	4.75%

Source: S&P Global Market Intelligence.