Cambricon revenue doubles: $1.34B in first three quarters, net profit up 131%
teortaxesTex · x · 2026-10-23
Cambricon reported 9.526 billion yuan ($1.34B) revenue for the first three quarters, up 106.76% YoY, with net profit of 3.715 billion yuan, up 131.49%.
- Q3 alone: revenue of 3.531 billion yuan (+104.47% YoY), net profit 1.404 billion yuan (+147.74%)
- Q3 revenue grew 13.50% quarter-over-quarter from Q2's 3.111 billion yuan
- The company attributes the surge to market expansion and AI application adoption
- Notably, Q3 operating cash flow was negative at -83.68 million yuan
China's leading AI chip designer is converting domestic compute demand into real, doubling financials.
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