SenseTime has unveiled its financial performance for the first half of 2026, revealing that its total revenue surged to 2.91 billion yuan, marking a robust 23.4% year-on-year increase. The company also reported a gross profit of 1.21 billion yuan, translating to an impressive gross profit margin of 41.4%. For the first time, the Group disclosed that its recurring revenue stood at 1.14 billion yuan, constituting 39.3% of the total revenue. Moreover, in accordance with International Financial Reporting Standards, SenseTime achieved a profit of 620 million yuan for the first time. Notably, revenue from its generative AI business reached 2.33 billion yuan, accounting for nearly 80% of the total. Additionally, revenue from overseas operations witnessed a remarkable 127% year-on-year growth, significantly outpacing the Group's overall growth rate.
