ECOVACS Q3 Revenue Grows as Net Profit Falls 72.43%

ECOVACS reported third-quarter revenue of CNY 4.65 billion, up 10.61% year on year, while attributable net profit fell 72.43% to approximately CNY 121 million. The figures appear in the group's third-quarter report dated October 31, 2026.

For January–September, revenue increased 16.39% to CNY 14.99 billion. Attributable net profit was CNY 1.37 billion, down 3.47%, while profit excluding non-recurring items declined 19.71% to CNY 1.03 billion. The nine-month and standalone third-quarter comparisons therefore describe different periods and should be read separately.

The balance sheet also showed higher inventory: CNY 5.41 billion at September 30, compared with CNY 3.25 billion at the end of 2025. Nine-month operating cash flow was negative CNY 342 million. Together, these disclosures add working-capital context to the revenue and profit figures.

The report covers the consolidated group, including its different businesses, rather than DEEBOT sales alone. Following the first-half update, the latest figures show continued revenue expansion but a substantially weaker profit outcome in the July–September period. The quarterly financial statements are unaudited.