SEYOND Reports Robust Interim Results with Revenue Surging 127.9% to $139 Million

Stock News08-20

SEYOND (02665) has unveiled its interim results for the six-month period ended June 30, 2026, showcasing remarkable financial performance across key metrics.

The group reported revenue of $139 million, representing a substantial year-on-year increase of 127.9%. Gross profit climbed to $15.491 million, up 152% from the prior corresponding period, while the gross margin improved to approximately 11.2%, compared with 10.1% in the same period of 2025.

During the reporting period, the company recorded a loss of $25.104 million, narrowing by 23.2% year-on-year, with a loss per share of $0.02.

The company noted that its sustained investments in core technologies, product platforms, customer acquisition, scalable manufacturing, and commercialization efforts are steadily translating into operational achievements.

Product shipments reached 450,900 units during the period, marking a remarkable 364.8% surge compared with 97,000 units in the corresponding period of 2025. This robust volume growth, coupled with improved margins, underpinned the strong financial results.

The growth was primarily driven by the continued ramp-up of existing mass-production programs, new customers and vehicle models entering commercial delivery phases, the expanding Lingque series, and the rapid growth of robotics and other product and solution businesses.

Advanced driver assistance systems (ADAS) products continued to contribute the vast majority of the group's sales volume and revenue. Meanwhile, robotics and other products, solutions, and services segments grew at a faster pace, further diversifying the company's revenue and gross profit streams.

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