Add to Google Preferred Sources
Meitu Inc. reported first-half 2026 results with revenue of RMB 2.213 billion (approximately NT$9 billion), up 22.1% year-over-year, and profit attributable to shareholders of RMB 619 million (approximately NT$2.5 billion), up 40%. Overall MAU reached approximately 282 million, with paying subscribers exceeding 18.44 million. Productivity app MAU hit a record high of 33 million, and AI productivity app ARR grew to approximately RMB 620 million. The board proposed an interim dividend of HK$0.067 per share, higher than the same period last year. Alibaba exercised its convertible bond rights and nominated Jin Qin as a non-executive director, effective August 26.
Key Elements
Meitu Inc. (01357.HK) announced interim results for the six months ended June 30, 2026, with revenue reaching RMB 2.213 billion (approximately NT$9 billion), up 22.1% year-over-year. Profit attributable to shareholders was RMB 619 million (approximately NT$2.5 billion), up 40% year-over-year. Adjusted net profit attributable to equity holders of the parent company was RMB 652 million, up 39.5% year-over-year. The board proposed an interim dividend of HK$0.067 per share (approximately NT$0.27), higher than HK$0.045 in the same period last year.
From a business structure perspective, imaging and design product revenue grew 30.9% year-over-year, serving as the primary growth engine. Overall monthly active users (MAU) reached approximately 282 million, with paying subscribers exceeding 18.44 million. Notably, growth in markets outside mainland China was approximately twice the pace of the domestic market. Among new paying subscribers in international markets, the majority were concentrated in high-ARPPU (average revenue per paying user) regions such as East Asia, Latin America, and Europe, indicating steady progress in the company’s globalization strategy.
Productivity apps emerged as a highlight for the period. As of June 2026, MAU for this segment reached 33 million, a record high, with MAU outside mainland China growing over 80% year-over-year. Annual recurring revenue (ARR) from AI productivity apps further increased to approximately RMB 620 million, with ARR for “Kaipai” and “Vmake Labs” growing more than twofold and threefold year-over-year, respectively. Total user spending on AI compute credits achieved sequential growth exceeding 46% in both the first and second quarters, with the second-quarter growth rate further accelerating, reflecting deepening user engagement with AI-powered visual creation workflows.
Regarding board changes, the Alibaba subscriber has exercised its rights under the convertible bond subscription agreement to nominate Jin Qin as a non-executive director. Upon recommendation by the nomination committee, the board announced that Jin Qin was formally appointed effective from the conclusion of the board meeting held on August 26, 2026. This arrangement further strengthens the strategic ties between Alibaba and Meitu.
Reviewing Meitu’s recent dividend history: the August 2025 interim dividend was HK$0.045, the March 2025 final dividend was HK$0.0552, and the March 2026 final dividend was HK$0.05. The current interim dividend of HK$0.067 represents the highest level among recent distributions, reflecting the company’s increased emphasis on shareholder returns following improved profitability.
Market analysts noted that Meitu’s AI productivity apps are transitioning from simple image editing tools to a productivity platform covering the full spectrum of visual creation workflows. The sustained growth in compute credit consumption indicates that users are not merely停留在 free features but are willing to pay for advanced AI capabilities, which carries positive implications for long-term revenue quality. The rising proportion of high-ARPPU users in international markets also helps improve overall user monetization efficiency.
Once added, BigGo Finance appears first in Google Search Top Stories, so you get the broadest, most up-to-the-minute, and most comprehensive global financial news first.
