Moore Threads: Q1-Q3 revenue reaches 3.289 billion yuan, up 319.15% year-on-year

On October 28, Moore Threads announced that operating revenue reached 1.552 billion yuan in the third quarter of 2026, a year-on-year increase of 1773.92%; net profit attributable to shareholders was 49.2604 million yuan, and net profit attributable to shareholders after deducting non-recurring gains and losses was 20.0724 million yuan, both having turned profitable. For the first nine months of 2026, operating revenue totaled 3.289 billion yuan, up 319.15% year-on-year; net profit attributable to shareholders was 37.6973 million yuan, while net loss attributable to shareholders after deducting non-recurring gains and losses was 131 million yuan, with the deficit narrowing significantly. R&D spending for the first nine months amounted to 1.34 billion yuan, up 55.72% year-on-year. The revenue growth was primarily driven by the accelerated deployment of AI computing products in the AI computing infrastructure sector. (Jinshi)