Yealink Network Technology Co (300628) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached ¥3.35 billion, up 26.40% year-over-year; net profit attributable to shareholders was ¥1.52 billion, up 22.92% year-over-year.

• Growth driven by robust performance in conference products, cloud office terminals, and desktop communication terminals.

• Market expansion, product innovation, and improved international trade environment contributed to enhanced profitability.

Financial highlights

• Operating income: ¥3.35 billion, up 26.40% year-over-year.

• Net profit attributable to shareholders: ¥1.52 billion, up 22.92% year-over-year.

• Basic EPS: ¥1.2032, up 22.68% year-over-year.

• Gross margin: 64.86% (main product lines between 54.47% and 66.63%).

• Operating cash flow: ¥828.7 million, down 13.15% year-over-year.

Outlook and guidance

• Conference products and cloud office terminals expected to maintain strong growth momentum.

• Continued investment in AI and product upgrades to drive future value and market share.

• International market recovery and easing trade barriers support positive outlook.