UBTECH reports CNY1.27B H1 revenue as full-size humanoid sales reach 921 units
UBTECH reported CNY1.269 billion of revenue for the first half of 2026, up 104.2% year on year, and 921 full-size embodied-intelligent humanoid units sold. The company separately reported 16,123 total humanoid sales across its broader portfolio.
Evidence notes
- Full-size embodied-intelligent humanoid products and services generated CNY590.3 million, representing 46.5% of group revenue compared with 6.1% a year earlier.
- Gross profit rose 160.9% to CNY566.9 million and gross margin increased 9.7 percentage points to 44.7%, while the period loss narrowed 23.0% to CNY338.8 million.
- Research and development expense increased 38.9% to CNY303.1 million, equivalent to 23.9% of revenue.
Company context
Chinese robotics manufacturer known for AI-powered humanoid robots (e.g., Walker series), service robots, educational kits, and smart robotic solutions across industries including logistics, healthcare, and STEM education. Listed on HKEX (9880.HK), founded March 2012.