SenseTime Group (0020.HK / 80020.HK) announced its unaudited interim results for the six months ended June 30, 2026. During the period, revenue was approximately RMB 2.911 billion, an increase of 23.4% year-on-year; gross profit was approximately RMB 1.206 billion, with a gross margin of 41.4%, an increase of 2.9 percentage points year-on-year; profit for the period was approximately RMB 617 million, marking the first net profit recorded under IFRS standards, compared to a loss of approximately RMB 848 million in the same period last year. EBITDA was approximately RMB 1.388 billion, with an adjusted net loss of approximately RMB 386 million, narrowing by 67.3% year-on-year.

By business segment, revenue from generative AI was approximately RMB 2.327 billion, an increase of 79.9% year-on-year; revenue from visual AI was approximately RMB 497 million, an increase of 13.9% year-on-year; overseas business revenue increased by 127.0% year-on-year. Recurring revenue was approximately RMB 1.145 billion, an increase of 124.4% year-on-year, accounting for 39.3% of the group’s revenue. The company stated that in the first half of the year, it advanced system-level AI capabilities around “one model, one Token factory, one intelligent agent control system,” continuously iterating the daily updated SenseNova multimodal large model, and promoted the strategy from providing models and computing power to scaling the delivery of reliable multimodal intelligent agent capabilities.