Media Partners Asia projects that leading microdrama platform ReelShort will generate $1.05 billion in revenue in 2026, up 34%, and post its first meaningful profit at scale, according to a new report from the Singapore-based research firm.

The report, titled “ReelShort / Crazy Maple Studio: Inside the US$1B Micro-Drama Machine,” covers ReelShort’s financial trajectory through 2028 alongside the broader competitive landscape for microdrama outside of China, a category MPA sizes at $3.6 billion this year.

ReelShort’s revenue climbed from $97 million in 2023 to $400 million in 2024 and $785 million in 2025. After an estimated $12 million net loss last year, MPA projects $63 million of EBITDA and some $40 million of net profit in 2026. The firm expects those figures to keep climbing, with EBITDA reaching $306 million – an 18% margin – and net profit hitting $225 million by 2028, on revenue of $1.4 billion in 2027 and $1.7 billion in 2028.

The Source: https://variety.com/2026/tv/global/reelshort-1-billion-revenue-profit-2026-mpa-1236828885/