MEITU (01357) has released an announcement stating that paid subscriber numbers grew by a net of approximately 1.39 million in the quarter, marking a new high over the past four quarters. As of September 2026, paid subscribers reached 19.83 million. Among them, paid subscribers from productivity applications increased 18.3% year-on-year to 2.39 million, while paid subscribers from lifestyle scenario applications increased 24.1% year-on-year to 17.44 million. At the same time, the growth rate of paid subscribers from international markets continued to outpace that of the Chinese mainland market.
As of September 2026, the ARR of AI productivity applications stood at RMB 655 million, up 40.1% year-on-year. Among these, the ARR of KaiPai and Vmake Labs each more than doubled compared with the same period last year.
In Q3 2026, the Group's core business, imaging and design products, recorded revenue (unaudited) of RMB 1 billion, up 28.2% year-on-year. Within this, productivity application revenue grew 42.3% year-on-year, accounting for approximately 20% of imaging and design product revenue. As the Group exited the copyright image library business before the end of 2025, the above year-on-year growth rate is calculated on a comparable basis, excluding the revenue contribution of that original business in Q3 2025 (RMB 13.7 million), thereby more accurately reflecting the growth trend of productivity applications. Lifestyle scenario application revenue grew 27.9% year-on-year, accounting for 80% of imaging and design product revenue, reflecting continued user demand and monetization momentum for lifestyle scenario applications.
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