ByteDance's net profit fell in the first half of 2026 to about $20 billion. The drop was a single-digit percentage. Revenue over the same period rose around 30% from a year earlier. Heavier spending on artificial intelligence weighed on the bottom line. ByteDance owns TikTok and is one of China's largest technology companies. It does not publish its results publicly. The figures come from three people with knowledge of the financial results, cited by The Information.

• $20 billion first-half net profit
• revenue up ~30% year on year