Unitree Technology Posts 270.54% Net Profit Growth in First Three Quarters

Unitree Technology reported first-three-quarter 2026 revenue of 1.817 billion yuan, up 55.71% year on year, while net profit attributable to shareholders rose 270.54% to 387 million yuan.

Net profit excluding non-recurring items fell 18.78% to 349 million yuan.

In the third quarter alone, revenue reached 665 million yuan, up 69.93% from a year earlier.

Net profit attributable to shareholders was 113 million yuan, down 17.37%, and net profit excluding non-recurring items was 105 million yuan, down 17.42%.

The results show a sharp split between reported and adjusted profitability: headline net profit growth was strong, but the decline in adjusted profit and third-quarter profit suggests operating earnings faced pressure.

Revenue growth remained robust in both the nine-month period and the third quarter; Q3's 69.93% increase outpaced the 55.71% year-to-date pace.

The announcement offered only headline figures, leaving cost structure, product mix and one-off items undisclosed. It did not explain the factors behind the divergence between net profit and adjusted profit or provide a segment breakdown.