News
iFlytek's revenue in the first half of the year was 11.623 billion yuan: contracted sales of Xinghuo intelligent marking machines increased 14 times year-on-year
3 min read
Source: news.mydrivers.com
Kuai Technology reported on August 20 that today, iFlytek disclosed its 2026 semi-annual report. The financial report shows that the company's revenue in the first half of the year was 11.623 billion yuan, a year-on-year increase of 6.52%; the net profit attributable to the parent company increased by 14.68% year-on-year. The company's operating performance has certain seasonal characteristics. In the past two years, the company's semi-annual net profit attributable to the parent company has been negative, but it has turned positive throughout the year, and annual operations continue to improve. iFlytek said that in accordance with the principle of "strengthening the C-side, deepening the B-side, and optimizing the G-side", the company proactively promotes business strategic focus and shrinks traditional project-based businesses. In the first half of 2026, G-side business revenue fell by 2.65% year-on-year. While the overall G-end business revenue declined slightly, the business structure continued to be optimized. In the field of education, iFlytek has deeply integrated AI core technology with educational and teaching scenarios, relying on iFlytek's large model scene depth capabilities to provide precise services for students, teachers and education managers. At present, iFlytek's smart education products have covered 33 provincial administrative units across the country and overseas markets such as Japan and Singapore. In the first half of this year, the contracted sales of Xinghuo intelligent marking machines increased 14 times year-on-year, covering a total of more than 5,000 schools across the country. In the spring semester of 2026, the average daily graded homework exceeded 3.6 million, and the number of intelligent correction calls increased five times compared with the previous semester. The scale of application in primary schools, junior high schools, and high schools increased rapidly, among which the number of primary school applications increased by 1.5 times, and the number of corrections in Chinese subjects increased by 10 times. In the first half of the year, iFlytek's AI learning machine released the T90 flagship and S90 advanced series, covering all price segments. During the 618 period, it once again topped the sales list of the dual-platform learning machine category on JD.com and Tmall. iFlytek said that in the first half of the year, iFlytek's AI learning machine was affected by factors such as chip/storage price increases and periodic shortages of learning machines, and sales fell short of expectations. However, iFlytek's AI learning machine further maintained its high-end market advantage, and its overall market share showed an upward trend. At the same time, iFlytek's AI learning machine sales rebounded rapidly in July. As of July, cumulative sales have returned to 3% growth compared with the same period last year. SO sales in July increased by more than 30% compared with the same period last year.