On March 12, 2026, Cambricon released its 2025 annual report, revealing record-breaking performance driven by surging demand for AI computing power.
The company achieved revenue of $6.497 billion RMB, up 453.21% year-over-year. It posted a net profit of $2.059 billion RMB attributable to shareholders—marking its first full-year profitability since listing. Non-GAAP net profit reached $1.77 billion RMB. Chip and board production surged 409.84%, with sales jumping 201.57%.

The cloud product line emerged as the primary growth engine, contributing 99.7% of total revenue at $6.477 billion RMB, a 455.34% increase. Products achieved large-scale deployment across telecom, finance, and internet sectors. Cambricon now offers a full-scenario product matrix spanning cloud, edge, and terminal, precisely matching AI computing demands across industries.
R&D investment totaled $1.169 billion RMB, representing 17.99% of revenue. Breakthroughs continued in next-generation processor microarchitecture, instruction sets, and communication software. Gross margin remained strong at 55.15%.
Looking ahead, Cambricon will optimize chip solutions for large models and vertical industry needs, accelerate technology iteration and market expansion, and strengthen its leadership in the AI chip sector.
ICgoodFind: Cambricon's explosive growth and profitability confirm China's AI computing chain has entered a high-growth phase, with cloud chips driving industrial upgrading.