Thunder Software Technology (300496) Q3 2026 earnings summary

Executive summary

• Q3 revenue was ¥2.664B, up 44.12% YoY; attributable net income was ¥89.9M, up 27.39%.

• 9M revenue reached ¥6.968B, up 35.37% YoY; attributable net income was ¥335.5M, up 46.48%.

Financial highlights

• 9M operating income was ¥404.0M versus ¥252.0M in the prior-year period; consolidated net income was ¥373.3M versus ¥229.6M.

• 9M operating costs were ¥6.614B versus ¥4.959B; cost of revenue rose to ¥5.067B from ¥3.515B.

• Q3 adjusted for non-recurring items, attributable net income was ¥66.6M, up 4.66% YoY; 9M adjusted net income was ¥300.1M, up 50.11%.

• 9M basic EPS was ¥0.7283, up 46.16% YoY; diluted EPS was ¥0.7260, up 46.55%.

Segment performance

• Smart IoT business revenue growth was identified as the primary driver of 9M revenue growth.