Unitree's third-quarter profit falls 17.4% despite revenue surge
Chinese robot maker Unitree, listed since August, reported a 17.4% drop in third-quarter net profit even as revenue rose nearly 70% year on year.
By GennnAi··1 min read
It is Unitree's first quarterly report since its STAR Market listing. Net profit attributable to shareholders came to 112.7 million yuan on revenue of 665 million yuan. R&D spending jumped 249.58% to 127.04 million yuan. Shares closed down 4.8%. Shares fell as much as 7.7% intraday. Rival AgiBot shipped more humanoid robots than Unitree in the first half, according to IDC and Smart Analytics Global.
Source: Reuters, published on October 28, 2026.