RoboSense achieved single-quarter profitability for the first time, and the sales volume of its robot products soared 25 times in 2025 | The Frontline

Author | Huang Nan

Editor | Yuan Silai

On March 25th, RoboSense (02498.HK) released its performance report for the fourth quarter and the whole year of 2025.

The financial report shows that in the whole year of 2025, RoboSense achieved a revenue of approximately 1.941 billion yuan, with a total sales volume of about 912,000 lidars and a gross profit of about 514 million yuan, a year-on-year increase of 81.3%. Its performance in the fourth quarter was particularly outstanding. It achieved an operating profit of 130 million yuan and a net profit of 104 million yuan in a single quarter, achieving profitability in a single quarter for the first time. The comprehensive gross profit margin in the fourth quarter reached 28.5%, a year-on-year increase of 6.4 percentage points; the gross profit margin in the robotics field reached 41.5%.

It can be seen that the company's dual - wheel drive model of "automotive + robotics" has been substantially formed. Among them, the revenue from robotics and other products in the fourth quarter was approximately 347 million yuan, and the revenue from ADAS products was approximately 361 million yuan. The robotics business is no longer just a long - term prospect but has become a current growth pole equally important as the automotive business.

Specifically in terms of product sales volume. Official data shows that in 2025, RoboSense's robotics business achieved explosive growth. The sales volume in the fourth quarter reached 221,200 units, a year - on - year surge of 2565.1%; the annual sales volume reached 303,000 units, ranking first in the global lidar sales volume in the robotics field.

RoboSense's 2160 - line lidar (Source/Enterprise)

Behind the growth is the company's accurate positioning of the trend of AI technology moving from the "screen" to the "physical world". Based on its differentiated performance in terms of performance, cost, and mass - production capabilities, its digital lidars have won a large number of orders in multiple niche scenarios.

In the lawn mower robot market, RoboSense has occupied an absolute share of the leading customers. It is expected that the shipment volume will reach 450,000 - 600,000 units in 2026; in the unmanned delivery field, the company's coverage rate of leading customers exceeds 90%. Enterprises such as Neolix, JD, and Meituan have all adopted its solutions. With the large - scale mass production of RoboVan, the number of lidars installed per vehicle is expected to increase to 2 - 4 units; in the field of embodied intelligence, it has covered nearly 50 global core customers. The AC series "robot eyes" and hand - eye coordination solutions are undergoing scenario verification with leading customers, making strategic preparations for the future market explosion.

According to Qiu Chunchao, the CEO of RoboSense, the company has reached cooperation agreements with nearly 50 leading humanoid and quadruped robot enterprises such as Zhipu, Unitree, Zhongqing, and Galaxy General.

While the robotics business is growing rapidly, RoboSense has not slowed down its layout in the ADAS field. In 2025, its ADAS business demonstrated strong resilience and risk - resistance capabilities. It obtained a total of 167 model approvals from 35 automobile enterprises throughout the year; in 2026, the company's customer structure will become more diversified and healthy.

The entire series of digital lidar product matrix (Source/Enterprise)

A noteworthy growth point comes from joint - venture brands and overseas businesses. According to the data on the lidar supplier shares of joint - venture automobile brands in 2025 released by ZuoSi Auto Research, RoboSense ranked first with a share of over 70%. The company expects that the sales volume from joint - venture brands will reach 200,000 - 250,000 units in 2026.

Technologically, Qiu Chunchao also gave a clear judgment on the development trend of lidars. "Digital lidars can easily exceed 1000 lines while maintaining high cost - effectiveness, fundamentally subverting the traditional perception that lidars have limited performance ceilings and high costs." Qiu Chunchao pointed out that the decline in the industry's ASP in the past two or three years was mainly due to technological iterations and architecture switches. Currently, the architecture is basically finalized, and there will be no sharp price cuts in the short term.

However, in terms of gross profit margin, the ADAS business is still under pressure in the short term. Qiu Chunchao said, "On the one hand, the automotive industry itself is highly competitive; on the other hand, the company is also actively promoting the transition of lidars from being available for more models to having a higher penetration rate and even becoming standard in the future." However, as new products reach stable production, sales volume increases, and product and chip advantages are realized, the gross profit margin of ADAS will gradually improve and stabilize.

Orders in the Robotaxi field (Source/Enterprise)

In the Robotaxi field, RoboSense believes that 2026 - 2027 will be a crucial window period for the release of orders. Currently, leading enterprises are promoting the iteration of a new generation of models, and the number of lidars installed per vehicle is usually 6 - 10 units. At present, the company has established cooperation with over 90% of the leading companies in the industry, such as Baidu Apollo Go, DiDi Autonomous Driving, WeRide, Pony.ai, and Uber.

RoboSense's achievement of profitability in a single quarter for the first time marks that its dual - wheel drive strategy of "automotive + robotics" has entered the financial verification stage. This performance also reflects the change in the industrial logic: the value assessment of lidar enterprises is shifting from the shipment volume scale of a single market to the multi - scenario coverage ability and the generational advantage of technological architecture. And this shift in the evaluation system may have just begun.