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Ecovacs Robotics
Ecovacs Robotics (603486) investor relations material
Ecovacs Robotics Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary21 Aug, 2026
Executive summary
Revenue for H1 2026 reached RMB 10.34 billion, up 19.18% year-over-year; net profit attributable to shareholders was RMB 1.25 billion, up 27.40% year-over-year.
Gross margin was 48.5%, reflecting effective cost management amid rising raw material prices.
Overseas revenue share rose to 49%, with Q2 overseas revenue surpassing domestic for the first time.
Core brands Ecovacs and Tineco contributed 98.11% of total revenue.
Financial highlights
Operating income: RMB 1.43 billion, up 29.34% year-over-year.
Basic EPS: RMB 2.19, up 26.59% year-over-year.
Net cash from operating activities: RMB 206 million, down 85.82% year-over-year due to prior period government subsidy receipts and increased inventory prepayments.
Total assets: RMB 19.59 billion, up 12.38% from year-end 2025.
Net assets: RMB 10.18 billion, up 12.61% from year-end 2025.
Outlook and guidance
Company will continue to invest in AI-driven product innovation and global expansion.
Focus on cost optimization, supply chain resilience, and high-quality growth in both domestic and international markets.
Plans to further develop embodied intelligence and open-source robotics ecosystems.
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Latest events from Ecovacs Robotics
- Net profit jumped 118% on 15% revenue growth, with robust cash flow and higher dividend payout.603486
Q4 2025 - Revenue surged 27%, but net profit and cash flow declined amid higher costs and exchange losses.603486Q1 2026
- Net profit soared 130.55% year-over-year on 25.93% revenue growth and strong cash flow.603486Q3 2025
- Q1 2025 saw double-digit revenue growth and a 59% jump in net profit, with robust cash flow.603486Q1 2025
- Net profit rose 60.84% year-over-year on 24.37% revenue growth and margin improvement.603486Q2 2025
- Q3 profit fell sharply on higher expenses, but new product launches may drive Q4 recovery.603486Q3 2024
- Net profit grew 4.26% YoY on improved margins, despite a 2.35% revenue decline.603486Q2 2024
- Net profit rose 31.7% on 6.7% revenue growth, with higher margins and strong global expansion.603486Q4 2026
Next Ecovacs Robotics earnings date
Q3 202630 Oct, 2026
Ecovacs Robotics
Next Ecovacs Robotics earnings date
Q3 202630 Oct, 2026
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