Espressif Systems Shanghai Co Ltd688018
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Net profit rose 27.93% YoY, driven by gross margin improvement and product portfolio expansion.

Espressif Systems released its 2026 semi-annual report, achieving operating revenue of 1.481 billion yuan, up 18.88% year-on-year. Net profit attributable to shareholders of the listed company reached 334 million yuan, an increase of 27.93% year-on-year. The profit growth was mainly driven by a steady improvement in gross margin and expansion of the product portfolio. The company's second-quarter net profit was 199 million yuan, compared with 136 million yuan in the first quarter, representing a quarter-on-quarter increase of 46%.
Espressif Systems Shanghai Co LtdNet profit rose 27.93% YoY, driven by gross margin improvement and product portfolio expansion.