Gotion High-tech Co. (002074) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached ¥27.78 billion, up 43.22% year-over-year, with net profit attributable to shareholders at ¥1.39 billion, a 278.05% increase year-over-year.

• Power battery systems remained the core business, accounting for 81.36% of revenue, while energy storage systems contributed 13.28%.

• Overseas revenue grew 48.06% year-over-year, now representing 34.11% of total sales.

• The company continued to expand its global manufacturing footprint and R&D, launching new battery technologies and products.

Financial highlights

• Operating income: ¥27.78 billion, up 43.22% year-over-year.

• Net profit attributable to shareholders: ¥1.39 billion, up 278.05% year-over-year.

• Net profit excluding non-recurring items: ¥107 million, up 46.71% year-over-year.

• Operating cash flow: ¥428 million, up 31.74% year-over-year.

• Basic and diluted EPS: ¥0.76, up from ¥0.20 year-over-year.

• Gross margin for power battery systems: 14.02%; for energy storage systems: 19.50%.

Outlook and guidance

• The company expects continued growth in both power battery and energy storage markets, driven by global electrification and energy transition trends.

• Strategic focus remains on technology innovation, global expansion, and strengthening supply chain resilience.