Z.AI (02513) MaaS ARR has reached $1.6 billion, with a 60% growth in one month.

Z.AI (02513) released its mid-year performance for 2026: In the first half of the year, it achieved revenue of 954 million yuan, a year-on-year increase of nearly 400%; revenue from open platform and API business reached 825 million yuan, a year-on-year increase of 2736%, accounting for 86.5% of total revenue, with gross profit margin improving to 24.6%. As of August 31, 2026, the annual recurring revenue (ARR) of the Z.AIMaaS platform reached 1.6 billion dollars on a monthly basis and 2 billion dollars on a weekly basis, with more than 7.4 million enterprise and developer users. The volume of Token calls increased by over 40 times since the beginning of the year, paid daily active users grew by 603%, and the daily average call volume of the top ten clients increased by 98%, while the average price of APIs rose by approximately 101%.