Robot Co. Revenue Up 9.87% in First Three Quarters as R&D Investment Grows
On Oct. 28, Robot Co. released its 2026 third-quarter report, showing third-quarter revenue of 986 million yuan, up 76.60% year on year. For the first three quarters, revenue reached 2.437 billion yuan, an increase of 9.87% from a year earlier.
Profitability came under pressure. Net profit attributable to the parent company fell 99.64% in the nine-month period. The company attributed the decline to multiple factors, including higher R&D investment, operating losses at some associate companies and foreign-exchange losses.
R&D expenses continued to rise in the first three quarters, extending the company's pattern of expanding both business scale and R&D investment. The available excerpt did not disclose the full R&D expense figure. The third-quarter revenue growth rate was well above the nine-month pace, pointing to a stronger single-quarter performance. Overall, revenue growth contrasted sharply with the profit slump, suggesting that while the company is increasing R&D and market investment, near-term earnings are being weighed down by spending and non-operating factors.