CloudMusic has announced its financial results for the first half of 2026, revealing total revenue of 4 billion yuan, reflecting a year-on-year increase of 3.4%. The company's gross margin also improved during this period, climbing from 36.4% to 37.2%, while adjusted net profit reached 860 million yuan, a decline of 55.8% compared to the previous year.
According to the company's official statement, CloudMusic has been actively strengthening its music-centric community ecosystem. In the first half of 2026, the platform's DAU/MAU ratio remained above 30%, showing an upward trend on both a year-on-year and quarter-on-quarter basis. Additionally, the average daily music listening time per mobile user has been steadily increasing, with significant improvements in community content consumption and interaction penetration rates.
The platform's membership base continues to expand, and both retention and renewal rates have maintained steady growth year-on-year and quarter-on-quarter, indicating that user loyalty and engagement are becoming increasingly robust. As of the end of June 2026, CloudMusic has attracted over 1.25 million registered original music artists, who have uploaded more than 7.3 million music tracks to the platform.
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