Sound Group sees revenue increase 25% to RMB1.69 billion

• Sound Group (NASDAQ:SOGP) reported first-half 2026 revenue of RMB1,690.6 million, up 25% year over year.
• The company posted net income of RMB120.5 million, up 78%, with gross margin improving to 31%.
• Sound Group reported AI subscription revenue growth of 245% year over year and cash holdings of RMB727.6 million.

Sound Group (NASDAQ:SOGP) reported unaudited first-half 2026 net revenues of RMB1,690.6 million, or US$249.2 million, up 25% year over year, with net income increasing to RMB120.5 million.

The company’s gross profit increased 32% to RMB516.1 million, while gross margin improved to 31% from 29% during the same period a year earlier.

Sound Group reported operating income of RMB118.8 million, up 88% year over year, while AI subscription revenue increased 245% and value-added services remained a core revenue source.

The company reported basic net income per ADS of RMB29.08, compared with RMB13.73 a year earlier, and ended the period with cash and restricted cash of RMB727.6 million.

Sound Group operates audio-based social and entertainment services and stated that it continues expanding AI-related subscription offerings while maintaining its existing value-added services business.