Unitree Q3 revenue surges 70% but AI R&D spending cuts net profit

Unitree Robotics reported a 69.93% YoY revenue increase to 665 million yuan in Q3, but net profit excluding non-recurring items fell 17.42% to 105 million yuan, as R&D spending surged 249.58%. The results, the first since its IPO, show aggressive investment in AI and robotics despite margin pressure, signaling a growth-over-profitability strategy.

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