On October 29, Kunlun Tech released its Q3 2025 financial report. The company achieved total revenue of RMB5.8 billion in the first three quarters, representing 52% year-over-year growth, with AI-related businesses demonstrating particularly strong performance.
International operations contributed RMB5.4 billion, accounting for 93% of total revenue (up 3.6 percentage points YoY), reflecting the company's growing global competitiveness. Gross margin remained robust at 67%. The company returned to profitability in Q3 with net income attributable to shareholders of RMB190 million.
Key technological advancements include: 1. Open-source model development: - Skywork-Reward-V2 series (launched July 4) topped seven major benchmarks - Multimodal reasoning model Skywork-R1V 3.0 (July 9) set new open-source standards - Lightweight Skywork UniPic (July 30) and its 2.0 upgrade (August 13) outperformed larger parameter models - Matrix-3D (August 12) established new benchmarks for 3D world generation
2. Academic achievements: - Multiple papers accepted at NeurIPS 2025, including two Spotlight publications on LLM reasoning optimization and convex loss theory - Development of AgentOrchestra multi-agent framework with Nanyang Technological University
Product innovations: - Skywork Deep Research Agent V2 introduced multimodal research capabilities - AI Developer tool enables natural language web app development - SkyReels-A3 model democratizes professional-grade video production - Mureka V7.5 achieved breakthroughs in Chinese AI music generation - Opera Neon browser redefines AI-powered web navigation
Operational highlights: - DramaWave ranked #3 globally in short-form video platform revenue (4M+ August downloads) - StarMaker maintains top rankings across 100+ markets - Continued progress in AI chips and metaverse infrastructure
The company maintains its industry leadership through sustained R&D investment in AGI, multimodal systems, and intelligent agents, while leveraging its global platform to integrate AI across content creation, social entertainment, and information distribution ecosystems.
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