Viomi swings to GAAP net loss of RMB 26.3 million in H1 FY26; net revenues drop 49.9% to RMB 740 million

Reuters2026/08/27 10:40

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Viomi posted first-half net revenues of RMB 740 million, down 49.9% year over year.
Net loss attributable to ordinary shareholders was RMB 26.3 million, swinging from a profit a year earlier.
Gross margin fell 2.5 percentage points to 24%.
R&D spending rose 7.6% to RMB 96.1 million, while selling and marketing costs fell 15.1% to RMB 109.6 million.
Management cited the end of national subsidies as a demand headwind, while pushing overseas expansion led by North America and Southeast Asia.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Viomi Technology Co. Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608270640PRIMZONEFULLFEED9817024) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Viomi swings to GAAP net loss of RMB 26.3 million in H1 FY26; net revenues drop 49.9% to RMB 740 million

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