CompaniesCleaning Industry1 min read

ECOVACS Nine-Month Net Profit More Than Doubles

Revenue increased 25.93% in January–September 2025.

News date:

Qian Dongqi, founder and chairman of ECOVACS
Company background image: Qian Dongqi, founder and chairman of ECOVACS. Shanghai Securities News / CNStock; cropped by World Clean Biz. Not a photograph of this news event. · Shanghai Securities News / CNStock

ECOVACS reported revenue of CNY 12.877 billion for the first nine months of 2025, up 25.93% year on year. Its October 24 announcement put net profit attributable to shareholders at CNY 1.418 billion, an increase of 130.55%, according to IT Home's coverage of the filing.

For the third quarter alone, revenue reached CNY 4.201 billion and attributable net profit was approximately CNY 438 million. The standalone quarter is included within the January-to-September totals, rather than an additional period to be added to them. Third-quarter sales increased 29.26% from the same quarter a year earlier.

The company identified several contributors to the earnings improvement: higher revenue, particularly in ECOVACS-brand household service robots, a stronger gross margin, a lower expense ratio and increased investment income. That explanation combines changes in the operating business with financial income, so it does not attribute the full profit increase to product sales alone.

ECOVACS' portfolio includes floor and window-cleaning robots as part of a broader service-robotics business. The reported results describe the listed group rather than one product category. They provide a nine-month trading update ahead of the full-year report, with the fourth quarter still outside the period covered.

Explore The Story

Related companies & products

Share

Share this news

LinkedinXFacebookWhatsapp