Momenta reported first-half 2026 revenue of 1.602 billion yuan ($238.8 million), up 75.9% year over year, while adjusted loss narrowed 96.6% to 14.097 million yuan ($2.1 million). Gross profit was 1.173 billion yuan ($174.9 million) on the reported basis; excluding share-based compensation, the company said gross profit reached 1.21 billion yuan ($180.1 million), up 75%, with gross margin at 75%. Operating cash outflow fell 46.8%, or about 47%, from a year earlier. After its July IPO, cash reserves exceeded 15 billion yuan ($2.2 billion). Momenta said it had partnerships with 26 global automakers, more than 110 delivered production models, over 230 cumulative designated models and more than 1.1 million vehicles equipped with its systems. Its solutions operate in more than 10 countries and regions, and the latest 100,000-unit batch was delivered in 36 days. The R7 World Model provides a common foundation for passenger vehicles, Robovan unmanned delivery and Robotaxi services. Momenta has begun L3 development and expects mass production by 2027, subject to regulatory and legal support. R&D spending represented 73% of revenue, while R&D employees accounted for 79% of staff. The company is also expanding Robotaxi testing and unmanned-delivery operations overseas as investors assess whether it can sustain rapid growth.