Cambricon Releases 2025 Annual Report: Revenue Surges 453%, Achieving First-Ever Profitability

AI chip company Cambricon (688256.SH) released its 2025 annual report, achieving its first-ever full-year profit since its listing. The report shows that in 2025, the company achieved operating revenue of 6.497 billion yuan, a year-on-year increase of 453.21%, with net profit attributable to shareholders of 2.059 billion yuan, marking its first-ever turnaround from a loss to a profit.

The significant increase in performance was mainly due to the continued rise in computing power demand in the artificial intelligence industry. The company's products have achieved large-scale deployment in several key industries such as telecommunications, finance, and the internet. By product line, cloud products became the absolute pillar of revenue, achieving 6.476 billion yuan in revenue for the year, a year-on-year increase of 455.34%, accounting for over 99% of total revenue.