Sound Group Inc. operates as an entertainment and social enterprise, with a core focus on audio experiences. Its main objective is to develop audio-based platforms that enable users to connect and communicate. Leveraging its comprehensive product offerings and proprietary technologies, the company serves the demand for audio entertainment and social engagement. Founded in Singapore in 2010, the entity was previously known as LIZHI INC. before officially rebranding to Sound Group Inc. in January 2024.
Sound Group Inc. Reports Unaudited Financial Results for the First Half 2026
Sound Group reported H1 2026 net revenues of RMB1.69 billion, up 25% year-over-year, while net income surged 78% to RMB120.5 million.
The growth was fueled by a 245% increase in AI subscription revenues and margin expansion, with gross profit rising 32% and gross margin improving to 31%.
The company ended the period with a strong balance sheet, holding RMB727.6 million in cash and restricted cash to support continued AI investments.