Several Chinese robotics firms have disclosed their financial results for 2025, showing strong revenue growth driven by demand for embodied intelligent humanoid robots, though some see continuous losses amid heavy investment in research and development (R&D). In 2025, Shenzhen Dobot Corp recorded a revenue of CNY492 million, representing a year-on-year increase of 31.7%. The company reported a net loss of CNY84 million, narrowing by 11.9% year-on-year, while its R&D investment surged by 59.7% year-on-year. The company highlighted an important step from technology verification to commercialization in the field of embodied AI last year, reaching three major milestones of “building a full-scenario product matrix,” “technological breakthroughs and mass production delivery” and “deepening ecological cooperation.”
The year 2025 marks a pivotal turning point for the humanoid robot industry, transitioning from “technical showboating” to “value realization,” and is widely regarded by the industry as the inaugural year for humanoid robots' entry into industrial manufacturing scenarios, humanoid robot developer UBTECH Robotics Corp said. The company announced that its revenue increased by 53.3% to exceed CNY2 billion last year. Notably, its revenue from full-size embodied intelligent humanoid robot products and services grew rapidly by approximately 2,203.7% year-on-year to CNY820.6 million.
Estun Automation Co, a leading industrial robot maker based in Nanjing, Jiangsu province, posted revenue of around CNY4.89 billion in 2025, an increase of approximately 21.93% year-on-year. Notably, the company's profit attributable to equity shareholders amounted to CNY41.34 million, representing a turnaround from loss to profit as compared with 2024. “Looking ahead, 2026 is widely regarded by the industry as the inaugural year of large-scale implementation, witnessing explosive growth in global shipment volume. However, the sector now faces the critical leap from 'usable' to 'user-friendly' – a transition essential for true commercial viability,” Chen Jing, Vice President of the Technology and Strategy Research Institute, told the Global Times.
