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Shenzhen Dobot
Shenzhen Dobot (2432) investor relations material
Shenzhen Dobot H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary24 Aug, 2026
Executive summary
Revenue for H1 2026 reached RMB316.3 million, up 106.6% year-over-year, driven by strong growth in six-axis cobots and embodied AI robots.
Gross profit doubled to RMB149.8 million, with a stable gross margin of 47.4%.
Net loss widened to RMB107.9 million, mainly due to increased R&D investment and exchange losses; adjusted net loss (non-IFRS) was RMB64.0 million.
R&D expenses surged 148.4% to RMB101.6 million, supporting breakthroughs in proprietary embodied large models and product innovation.
Embodied AI business revenue soared over 20-fold to RMB45.2 million, now 14.3% of total revenue.
Financial highlights
Revenue: RMB316.3 million (H1 2026), up from RMB153.1 million (H1 2025).
Gross profit: RMB149.8 million, gross margin 47.4% (48.9% excluding inventory impairment).
Net loss: RMB107.9 million (H1 2026) vs. RMB40.9 million (H1 2025).
Adjusted net loss (non-IFRS): RMB64.0 million, up from RMB22.9 million.
R&D expenses jumped 148.4% to RMB101.6 million, representing 32.1% of revenue.
Outlook and guidance
Continued high R&D investment in embodied AI, focusing on model iteration, force control, and visual perception.
Accelerate global expansion, deepen presence in Europe, Americas, and Asia-Pacific, and strengthen localized operations.
Enhance talent acquisition and equity incentives to support innovation and industrial deployment.
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Latest events from Shenzhen Dobot
Next Shenzhen Dobot earnings date
H2 202629 Mar, 2027
Shenzhen Dobot
Next Shenzhen Dobot earnings date
H2 202629 Mar, 2027
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