Unitree Robotics Q1 2026 Net Profit Down 52.55% to 40.25M Yuan; Guides H1 Net Profit of 236M-283M Yuan

According to Unitree Robotics' draft prospectus for its Science and Technology Innovation Board IPO, the company reported Q1 2026 net profit (excluding non-recurring items) of 40.2536 million yuan, down 52.55% year-over-year, as research and development and sales expenses increased significantly. Revenue for the quarter reached 4.228 billion yuan, with growth slowing to 68.49% from 332.64% in the prior year.

For H1 2026, the company guides non-GAAP net profit of 236 million to 283 million yuan, representing a decline of 6.43% to 21.97% year-over-year. The projected improvement reflects moderating expense growth compared to Q1.