Shenzhen-based robotics firm LDROBOT reported revenue of RMB522.54 million for the six months ended 30 June 2026, up 35.2% from RMB386.44 million a year earlier. Growth was driven by a 225.5% surge in overseas sales to RMB203.0 million, taking the company’s products to more than 50 countries and regions.

Gross profit climbed 53.2% year on year to RMB150.58 million, lifting gross margin to 28.8% from 25.4% on the back of a richer product mix. Loss for the period widened to RMB42.10 million (H1 2025: RMB13.78 million) after heavier spending on R&D and brand promotion. Excluding RMB26.59 million of share-based payments and listing expenses, adjusted net loss stood at RMB15.51 million versus a RMB2.18 million profit a year earlier.

Product-wise, robot lawn mowers generated RMB200.68 million, soaring 159.1% and now accounting for 38.4% of total sales. Sensor revenue slipped 9.6% to RMB206.30 million as the group phased out lower-end triangulation LiDAR units; revenue from its higher-margin DTOF LiDAR grew 43.8% and made up 69.8% of sensor sales. Algorithm modules contributed RMB102.91 million, a 31.2% increase.

Operating cash outflow narrowed to RMB66.53 million from RMB104.78 million, while cash and cash equivalents rose to RMB720.77 million following the May 2026 Hong Kong IPO that raised net proceeds of approximately HK$806.8 million (around RMB698.9 million). Total assets more than doubled to RMB1.58 billion, and the debt-to-asset ratio improved to 31.8% (end-2025: 45.5%). The company ended June with a low gearing ratio of 2.5%.

LDROBOT allocated RMB75.73 million to R&D, up 48.5%, and increased selling and marketing expenses to RMB81.04 million, primarily for overseas channel expansion and brand campaigns. The Board declared no interim dividend.