LEAPMOTOR Achieves Third Consecutive Profitable Half-Year While Ranking Fourth in Global New Energy Vehicle Registrations

Stock News08-24 18:16

On August 24, LEAPMOTOR (09863) released its interim financial report for the first half of 2026, revealing record revenue of RMB 38.11 billion for the period—the highest ever achieved in its first-half history. Net profit reached RMB 210 million, marking the third consecutive half-year period of profitability, while second-quarter gross margin improved sequentially to 12.6%, reflecting steadily enhancing operational quality across quarters.

In terms of sales performance, LEAPMOTOR delivered 356,487 vehicles globally during the first half, representing a 60.8% year-on-year increase. Overseas exports surged 372.6% to 96,294 units, already surpassing the company's total export volume for the entire year of 2025. Based on comparable terminal registration data available for the first five months of this year, LEAPMOTOR secured the fourth position globally among new energy passenger vehicle brands.

Currently, LEAPMOTOR has completed its full ABCD matrix product lineup, covering the mainstream price range from RMB 60,000 to RMB 300,000. In July, global deliveries reached 101,267 units, up 102.0% year-on-year, making it the first new-force automaker to surpass the 100,000-unit monthly delivery milestone. As a technology-driven intelligent electric vehicle enterprise, LEAPMOTOR is scheduled to host its 2026 Technology Launch Event in September, where it will unveil its industry-leading intelligent assisted driving world model and latest advancements in its three-electric system technology.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment