Moore Threads: Q1 Revenue Up 155.35% YoY, Net Profit Attributable to Shareholders Turns Positive

Moore Threads released its 2026Q1 financial report. In the first quarter of 2026, Moore Threads achieved revenue of RMB 738 million, representing a year-on-year increase of 155.35%. Net profit attributable to shareholders was RMB 29 million, an increase of RMB 142 million compared to the same period last year. The net loss attributable to shareholders after deducting non-recurring gains and losses was RMB 54 million, narrowing by 60.10% year-on-year. Regarding the reasons for the revenue growth, Moore Threads stated that the increase was primarily due to the company's focus on the research, development, and innovation of full-function GPUs during the reporting period, as well as the large-scale implementation of its products, which collectively drove rapid revenue growth.