36Kr Swings to Profit in H1 2026: Revenue Up 33.7%, Net Income RMB15.4M
KRKR sits 36% above its 52-week low of $2.5 on elevated volume (2.4× avg).
Summary
36Kr reported H1 2026 revenue of RMB124.6 million (US$18.4 million), up 33.7% YoY, and swung to a net profit of RMB15.4 million (US$2.3 million) from a loss a year earlier.
Key Events · Earnings and Guidance · KRKR
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Revenue Up 33.7% YoY
Total revenues reached RMB124.6 million (US$18.4 million) in H1 2026, up from RMB93.2 million in H1 2025, led by a 38.9% increase in online advertising services to RMB103.5 million.
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Swings to Net Profit
Net income was RMB15.4 million (US$2.3 million) compared to a net loss of RMB4.8 million in H1 2025. Basic EPS per ADS was RMB7.058 (US$1.040) versus a loss of RMB2.307.
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Gross Margin Expands 12 Points
Gross margin improved to 66.4% from 54.4% a year earlier, driven by higher-margin AI-sector advertising revenue and flat payroll costs from workforce management.
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Cash Position Strengthens
Cash, restricted cash, and short-term investments totaled RMB124.2 million (US$18.3 million) as of June 30, 2026, up 6.9% from RMB116.1 million at December 31, 2025.
Analysis · KRKR · Trade & Services
A second consecutive half-year of profitability underscores 36Kr's turnaround, with revenue growth accelerating to 33.7% year-over-year on surging AI-sector advertising demand. Gross margin expanded 12 percentage points to 66.4% thanks to disciplined cost control, and the company closed the period with RMB124.2 million in cash and short-term investments, up 6.9% from year-end 2025. The swing from a RMB4.8 million net loss to a RMB15.4 million net profit marks a meaningful inflection for a micro-cap company that had been loss-making.
At the time of this filing, KRKR was trading at $3.40 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $6.4M. The 52-week trading range was $2.50 to $21.36. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.