Out of Milk: Losses narrowed by 90.5% in 2025, AI hardware revenue of 174 million yuan

MarsBitNews · 2026-03-31T04:24:46+00:00

Mars Finance reports that the artificial intelligence company, Chumen Wenwen, has released its 2025 annual performance. The report shows that in 2025, revenue was 323 million yuan, with a 90.5% narrowing of losses, and adjusted net loss (non-GAAP measure) decreased by 72.6% year-over-year. Among them, AI hardware revenue was 174 million yuan, a year-over-year increase of 14.4%. The company's AI software business maintained a gross profit margin of 86.7%. Relying on organizational AI transformation, the company's operating costs decreased by 57.4%, and per capita revenue increased by 22.5%.

MarsBitNews

2026-03-31 04:24:46

Mars Finance reports that the AI company Mobvoi released its 2025 annual performance results. The report shows that in 2025, revenue was 323 million yuan, losses narrowed by 90.5%, and the adjusted net loss (measured on a non-GAAP basis) decreased by 72.6% year over year. Of this, AI hardware revenue was 174 million yuan, up 14.4% year over year. The company’s AI software business gross margin remained at 86.7%. With support from its organizational AI transformation, operating costs fell by 57.4%, and revenue per employee increased by 22.5%.

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