Horizon Robotics expects H1 adjusted net loss of RMB 1.4 billion-RMB 1.7 billion

• Horizon Robotics flagged revenue from continuing operations of RMB 1.93-2.08 billion for H1 2026, up 24.8%-34.5% from RMB 1.55 billion.
• Gross profit from continuing operations seen at RMB 1.16-1.37 billion, up 13.7%-34.3%; gross margin described as resilient.
• Profit for the period expected at RMB 3.5-4 billion versus a RMB 5.23 billion loss a year earlier, driven by fair value changes on a CARIAD convertible loan.
• Adjusted net loss forecast at RMB 1.4-1.7 billion versus RMB 1.33 billion, excluding items such as share-based payments, fair value changes, deconsolidation gain.
• Revenue growth attributed to stronger Product Solutions demand, mass deployment of its urban NOA solution, rising technology licensing across BPU, AI models, toolchains.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horizon Robotics published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260721-12250564), on July 21, 2026, and is solely responsible for the information contained therein.