Beijing Philisense TechRevenue fell 39.6% YoY, though net loss narrowed.

Philisense released its 2026 interim report on August 28. First-half operating revenue was 127 million yuan, down 39.6 percent year on year. The net loss attributable to the parent company was 58.81 million yuan, narrowing from a loss of 67.58 million yuan in the same period last year. Second-quarter revenue was 54.25 million yuan, down 42.8 percent year on year, while the net loss attributable to the parent company was 30.22 million yuan, narrowing from a loss of 40.05 million yuan a year earlier. As of the end of the second quarter, the company's total assets stood at 1.737 billion yuan, down 9.2 percent from the end of the previous year, and net assets attributable to the parent company were 960 million yuan, down 5.8 percent. The company's business spans three main segments: audio, video and control, data software and services, and the Internet of Things and intelligent systems. During the reporting period, it achieved a breakthrough in research and development of a deep noise-reduction model and advanced the rollout of multiple new products.
Beijing Philisense TechRevenue fell 39.6% YoY, though net loss narrowed.