ðŸ‡ðŸ‡° English, 28 October 2026, AI investment
Unitree reports 70% surge in quarterly revenue, though AI investment weighs on net profit
Unitree Robotics' revenue jumped 69.93% year-on-year to 665 million yuan, but net profits fell 17.42% due to increased R&D spending on AI.
The results for the three months ending September 30 showed a continued surge in research and development spending by the Hangzhou-based company, which jumped 249.58% year-on-year to 127.04 million yuan.
This increased spending is attributed to Unitree’s investments in the software ‘brains’ of its industry-leading robotic bodies.
According to the filing with the Shanghai Stock Exchange, Unitree Robotics posted a net profit attributable to shareholders of 387 million yuan, a 270.54% jump, for the first three quarters of the year.