Geek+ orders jump 35.5% to RMB2.385 billion in first-half 2026

  • Geek+ reported first-half 2026 results with new orders up 35.5% year on year.
  • New orders reached RMB2.385 billion, while revenue rose 25.3% to RMB1.284 billion.
  • Geek+ served over 1,000 customers across 40-plus countries and regions.

Geek+, a global intelligent robotics company listed as 2590.HK, reported a 35.5% year-on-year increase in new orders to RMB2.385 billion for the six months ended 30 June 2026. Revenue rose 25.3% to RMB1.284 billion, gross margin improved to 35.8%, and gross profit increased 27.8% to RMB460 million. Adjusted net loss narrowed 32.1% to RMB60.6 million. Excluding RMB44.5 million in research and development investment in embodied intelligence, the adjusted loss fell 81.9% to RMB16.1 million, bringing the core business close to break-even. Subscription-service orders reached RMB156 million, more than 75% above the year-earlier period, while subscription orders in the Americas rose 455%. Geek+ had more than 1,000 end customers and 81,000 deployed robots worldwide, and international revenue represented more than 75% of total revenue. The company will focus on AI-powered intelligent operations subscription services, full-scenario product innovation and embodied intelligence commercialization, targeting cumulative shipments of more than 10,000 embodied-intelligence units within three years.

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