Unitree responds to net profit decline: due to increased R&D investment in computing power and large model directions

Unitree Technology has disclosed its Q3 2026 report. The company's single-quarter revenue was 665 million yuan, up 69.93% year-over-year; net profit attributable to shareholders was 113 million yuan, down 17.37% year-over-year, with a quarter-over-quarter decline of nearly 50%. Regarding the profit decline, a relevant person from Unitree Technology's board secretary office stated that it was mainly due to increased R&D investment in computing power and large model directions. The person also noted that over a longer period the impact is controllable, with only phased changes in a single quarter; at this stage, R&D investment follows the planned use of raised funds and will not be blindly increased. (Blue Whale News)