Viomi Technology reports a 49.9% revenue drop to $109.1 million and a $2.9 million non-GAAP net loss for 1H 2026.
Viomi Technology reported a non-GAAP loss per share of $0.01 for the first half of 2026, reflecting a sharp decline in financial performance. Net revenues fell 49.9% year-over-year to RMB740.0 million ($109.1 million), down from RMB1,477.6 million in the same period of 2025.
The company’s non-GAAP net loss attributable to shareholders widened to RMB19.6 million ($2.9 million), compared to a non-GAAP net income of RMB127.6 million in the prior-year period. The results underscore ongoing challenges in revenue growth and profitability.
No immediate market reaction was disclosed in the release.