Horizon Robotics FY2025 net loss widens to RMB10.47 billion as revenue rises 57.7% to RMB3.76 billion

Reuters03-19
<a href="https://laohu8.com/S/HRZRF">Horizon Robotics</a> FY2025 net loss widens to RMB10.47 billion as revenue rises 57.7% to RMB3.76 billion
  • Horizon Robotics published an annual results announcement, reporting revenue from contracts with customers of RMB3.76 billion, up 57.7%.
  • Gross profit rose 31.7% to RMB2.43 billion, while gross margin fell to 64.5% as product solutions made up a larger share of revenue than higher-margin license and services.
  • Operating loss widened 55.7% to RMB3.34 billion, and adjusted operating loss widened 58.7% to RMB2.37 billion, as R&D expenses increased 63.3% to RMB5.15 billion, driven mainly by higher cloud service and other technical service procurement and higher R&D labor costs.
  • Net loss was RMB10.47 billion, while adjusted net loss widened 67.3% to RMB2.81 billion; cash and cash equivalents rose 31.3% to RMB20.19 billion.
  • Automotive-grade Journey series processing hardware shipments increased 38.8% to 4.01 million units, and management said it is targeting the third quarter to work with partners on pilot robotaxi operations in designated domestic cities.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horizon Robotics published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260319-12059245), on March 19, 2026, and is solely responsible for the information contained therein.

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