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Yonyou Network Technology
Yonyou Network Technology (600588) investor relations material
Yonyou Network Technology 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 the first half of 2026 reached RMB 3.73 billion, up 4.08% year-over-year, with cloud services revenue up 4.6% and subscription revenue up 12.1%.
Net loss attributable to shareholders was RMB -928 million, a reduction of RMB 16 million year-over-year; adjusted net loss (excluding non-recurring items) was RMB -947 million.
Gross margin improved to 50.9%, up 2.6 percentage points year-over-year.
AI-related contract value reached RMB 906 million, with AI-related revenue of RMB 464 million.
Cloud service ARR reached RMB 2.87 billion, up 8.2% year-over-year; total paying cloud customers reached 1.19 million.
Financial highlights
Operating income: RMB 3.73 billion, up 4.08% year-over-year.
Net loss: RMB -928 million, improved from RMB -945 million year-over-year.
Operating cash flow: RMB -1.00 billion, down from RMB -928 million year-over-year.
Total assets: RMB 21.16 billion, down 2.17% from year-end 2025.
Net assets attributable to shareholders: RMB 6.72 billion, down 11.56% from year-end 2025.
Basic and diluted EPS: RMB -0.27 per share.
Outlook and guidance
The company continues to accelerate its AI-first strategy, focusing on product innovation, global market expansion, and cost efficiency.
Subscription and cloud services are expected to remain key growth drivers, with ongoing investment in AI and internationalization.
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Latest events from Yonyou Network Technology
- Revenue up 5.9% year-over-year, net loss narrows, and AI/cloud segments accelerate.600588
Q1 2026 - Net loss narrowed on stable revenue, improved margins, and strong cloud/AI growth.600588Q4 2025
- Revenue up, losses narrowed, and cloud/AI/overseas growth accelerated in Q3.600588Q3 2025
- Revenue fell 21.2% and net loss widened as the subscription transition accelerated.600588Q1 2025
- Revenue fell 5.9% but cloud and AI contracts surged, setting up for a stronger H2.600588Q2 2025
- Revenue growth slowed and losses widened, but cloud and subscription segments outperformed.600588Q3 2024
- Cloud-driven revenue growth and margin improvement, with net loss narrowing in H1 2024.600588Q2 2024
- Net loss widened to RMB 2.06 billion as revenue fell and R&D, impairment costs rose.600588Q4 2024
Next Yonyou Network Technology earnings date
Q3 202630 Oct, 2026
Yonyou Network Technology
Next Yonyou Network Technology earnings date
Q3 202630 Oct, 2026
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