Beijing Geekplus Tech Co Ltd

Geek+, a global leader in intelligent robotics, announced its interim results for the six months ended 30 June 2026, with new signed orders jumping 35.5% year-on-year to RMB2.385 billion and revenue climbing 25.3% to RMB1.284 billion. The company's subscription-based services emerged as a new growth engine, with orders reaching RMB156 million, up over 75% year-on-year, and subscription orders in the Americas soaring 455%. Gross margin improved to 35.8%, while adjusted net loss narrowed 32.1% to RMB60.6 million; excluding embodied intelligence R&D investment of RMB44.5 million, the loss shrank 81.9% to RMB16.1 million. Geek+ also reported strong growth in Pallet-to-Person orders (over 200% year-on-year) and manufacturing scenario orders (over 600% year-on-year), and it retained the No. 1 global AMR market share for seven consecutive years, according to Interact Analysis. Looking ahead, the company targets cumulative shipments of over 10,000 units of embodied intelligence products within three years.