Horizon Robotics reports interim results: revenue above 2 billion yuan for the first half, adjusted net loss widens; ADAS China market share surpasses 50%, NOA market share 22.8%, overall China intell
According to Huxiu, Horizon Robotics (HK:09660) reported its interim results on August 31, 2026: first-half revenue surpassed 2 billion yuan, up 32.9% year over year, and adjusted net loss of 1.67 billion yuan, up 25.4% year over year. The company’s ADAS China market share exceeded 50%, NOA market share was 22.8%, and overall China intelligent driving market share was 31.9% (leading the industry); its stock has fallen more than 10% since the earnings release.
Key facts
- 01Horizon Robotics reported first-half revenue over 2 billion yuan, up 32.9% YoY.
- 02Adjusted net loss was 1.67 billion yuan, up 25.4% YoY.
- 03ADAS China market share exceeded 50%; NOA market share reached 22.8%; overall China intelligent-driving market share was 31.9% (leading).
- 04Stock fell more than 10% since the earnings release.
- 05Two delivery models for Horizon’s driving solutions were described: a hardware-led model (chip+algorithm+tools) billed by vehicle quantity, and a software-led model (HSD together) using a base with licensed algorithms and data services.
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