Robosense Technology (2498) H2 2025 earnings summary

Executive summary

• Achieved first profitable quarter in Q4 2025, with net profit of RMB103.7 million, reversing a net loss of RMB131.1 million in Q4 2024.

• Annual net loss narrowed significantly to RMB145.0 million in 2025 from RMB481.8 million in 2024.

• Total revenue for 2025 rose 17.7% year-over-year to RMB1,941.0 million, driven by strong growth in robotics-related LiDAR sales.

• Robotics sector became a major growth engine, with revenue from robotics and others up 257.7% year-over-year.

Financial highlights

• Q4 2025 revenue increased 46.1% year-over-year to RMB750.7 million; gross profit margin improved to 28.5%.

• Full-year gross profit rose 81.3% to RMB514.2 million; gross margin improved to 26.5% from 17.2%.

• Adjusted net loss (non-IFRS) for 2025 was RMB53.5 million, a substantial improvement from RMB395.6 million in 2024.

• Cash and cash equivalents at year-end 2025 were RMB2,618.9 million.

Outlook and guidance

• Confident in continued growth for 2026, targeting balanced revenue from ADAS and robotics sectors.

• Annual production capacity for 4 million LiDAR units established to support future growth.

• Strategy focuses on expanding into new markets and further strengthening digital LiDAR and semiconductor chip capabilities.