NavInfo disclosed a performance forecast, expecting a net loss attributable to the parent of 352 million to 502 million yuan in the first half of 2026, compared with a loss of 311 million yuan in the same period last year, with the loss widening year-on-year. The company expects revenue for the period to be 1.7 billion to 1.86 billion yuan, a year-on-year change of negative 3.44 percent to positive 5.65 percent. The widening loss was mainly affected by a sharp decline in domestic passenger car sales and strict control of procurement budgets by automakers, leading to a continuous decline in unit prices for intelligent driving, automotive-grade chips, and high-precision map services. Meanwhile, revenue from high-margin high-precision map services fell significantly, and rising cloud resource procurement costs further compressed gross margins. In addition, internal factors such as the company's own strategic transformation cycle and rigid R&D investment also led to a year-on-year widening of operating losses.
Navinfo Co LtdSharp decline in domestic passenger car sales and automakers' strict procurement budgets reduce demand for NavInfo's intelligent driving, chips, and map services.