GigaDevice announced that for the first half of 2026, the net profit attributable to shareholders of the listed company is expected to reach approximately RMB 6.9 billion, representing a year-on-year increase of about 1,099%. The company's operating revenue for the same period is projected to be around RMB 11.5 billion, an increase of approximately RMB 7.35 billion compared to the same period last year, marking a year-on-year growth of about 177%.
Based on GigaDevice's Q1 results, which saw an operating revenue of RMB 4.188 billion and a net profit of RMB 1.461 billion, it can be deduced that the estimated Q2 operating revenue is RMB 7.312 billion, representing a quarter-on-quarter growth of 74.6%. The estimated Q2 net profit is projected at RMB 5.439 billion, up 272% quarter-on-quarter.
The significant change in performance is mainly attributed to tight supply in the memory chip industry, resulting in simultaneous growth in both sales volume and prices for the company's memory chip products. Additionally, the expanded shipment scale of its microcontroller (MCU) products has driven a substantial overall increase in operating performance.
