DeepSeek Reports $70.7M Revenue in Seven Months, Reportedly Seeks $74B Valuation

Per The Information, DeepSeek generated $70.7M (¥475M) revenue in the first seven months of this year, roughly 10x its full-year 2025 figure, with an 82.9% API gross margin and 44.6% overall gross margin; it lost ¥715M, only about 76% of last year's full-year loss. Reports also say it is pursuing a second round of ¥50B at a ¥500B ($74B) valuation. Its low-cost inference strategy appears commercially validated.

Confirmed

• Multiple posters (Hesamation, rohanpaulai, eyishazyer, heypearlai, 量子位, 创业邦, zephyrz9) citing The Information: $70.7M revenue in seven months, 10x full-year 2025
• API gross margin 82.9%; overall gross margin 44.6%, driven by infrastructure optimization lowering inference costs
• Net loss of ¥715M, about 76% of last year's full-year loss, per eyishazyer, heypearlai and 创业邦
• Funding reports: second round of ¥50B at ¥500B ($74B) valuation; officially unconfirmed
• 量子位 attributes growth to surging model calls from Agent adoption, not price hikes; heypearlai cites V4-Flash volume-price gains; rohanpaulai's V4-Pro remarks are truncated
• Peer comparison from rohanpaulai: MiniMax posted $116.6M H1 revenue (+283%) but only 17.9% gross margin and $293M net loss

Unconfirmed

• Funding size and valuation are media-reported, not officially confirmed
• Details on V4-Pro/V4-Flash contributions remain incomplete
• One post by eyishazyer cites "2023 full year" as the comparison base, inconsistent with others' "2025 full year"

Why it matters

• The 82.9% API margin validates DeepSeek's low-cost, open-source infrastructure strategy and far exceeds peers like MiniMax at 17.9%
• Loss growth (31%) lags revenue growth (10x), showing scaling effects improving profitability
• If funding reports hold, a $74B valuation would place DeepSeek among the world's top-tier AI companies and reshape China's AI capital landscape

2026-08-26 ~ 2026-08-27 · 9 related posts

• DeepSeek seeks $74B valuation in new funding round after $70M revenue — Hesamation · 2026-08-26
• DeepSeek Revenue Hits $70.7M in Seven Months, 10x Jump From 2025 — heypearlai · 2026-08-26
• [source] DeepSeek hits $70.7M revenue in 7 months with 82.9% API margin — rohanpaul_ai · 2026-08-26
• DeepSeek Revenue 10x, Losses Grow Slower at 31% — eyishazyer · 2026-08-27
• AI Margins Compared: DeepSeek API Hits 82.9% Gross Margin — rohanpaul_ai · 2026-08-27
• DeepSeek Seeks $70B Funding at $70B Valuation; Zhipu's OxAlpha Tops OpenRouter — 创业邦 · 2026-08-27

3 near-duplicate retellings: zephyr_z9 · eyishazyer · 量子位