The company’s revenue climbed 25.3% to RMB1.284 billion, while adjusted net losses narrowed significantly by 32.1% to RMB60.6 million. Excluding heavy R&D spending on embodied intelligence, the core business is nearing break-even. This performance is anchored by a massive installed base of 81,000 robots across 40 countries, which the firm is now leveraging to secure long-term service contracts.
Geek+ Interim Results: Subscription Services Drive 35.5% Order Growth
Hong Kong-based robotics leader Geek+ reported a 35.5% surge in new signed orders to RMB2.385 billion for the first half of 2026, as the company pivots from one-off hardware projects toward a high-margin, recurring subscription model that now defines its global expansion strategy.
Subscription-based service orders grew by 75% year-over-year, reaching RMB156 million. The Americas emerged as a standout region for this model, recording a 455% increase in subscription demand. Beyond software-driven services, the company saw substantial hardware momentum, with Pallet-to-Person orders rising over 200% and manufacturing-focused logistics orders surging more than 600%. With a customer repurchase rate of 80%, Geek+ continues to hold the top global market share in autonomous mobile robots for the seventh consecutive year. The firm now plans to scale its embodied intelligence division, targeting over 10,000 unit shipments within the next three years to broaden its reach into retail and manufacturing.
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