ByteDance Revenue Reportedly Reached $120 Billion in First Half as AI Spending Pressured Profit

ByteDance generated about $120 billion in revenue in the first half of 2026, rising more than 30% year over year, while net profit eased to roughly $20 billion as the TikTok parent increased spending on artificial intelligence. The figures underscore how one of the world’s largest private technology companies is still expanding quickly, even as the cost of competing in AI begins to weigh on earnings.