Z.AI (02513) has released its interim results for fiscal 2026, revealing a robust performance. In the first half of the year, the company's total revenue reached RMB 954 million, marking a year-on-year increase of nearly 400%. The open platform and API services segment notably generated RMB 825 million in revenue, up 2,736% year-on-year and accounting for 86.5% of total revenue. This segment's gross margin also saw an improvement, climbing to 24.6%.

As of August 31, 2026, the annualized recurring revenue (ARR) from Z.AI's MaaS platform has been measured at $1.6 billion on a monthly calculation basis, and $2.0 billion on a weekly basis. The platform has attracted over 7.4 million enterprise and developer users. Furthermore, token call volumes have grown by more than 40 times since the beginning of the year, while paid daily active users have increased by 603%. The average daily call volume from the top ten customers has risen by 98%, and the average selling price of APIs has increased by approximately 101%.