Viomi Technology Co ( (VIOT) ) has released its Q2 earnings. Here is a breakdown of the information Viomi Technology Co presented to its investors.
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Viomi Technology Co., Ltd, a prominent player in the home water solutions industry in China, leverages AI technology to enhance water quality and simplify filter replacement, aiming to meet the global demand for healthier drinking water.
In its latest financial report for the first half of 2025, Viomi Technology Co., Ltd reported a significant increase in net revenues, reaching RMB1,477.6 million, marking a 76.6% growth compared to the same period in 2024. The company’s net income attributable to ordinary shareholders also rose by 64.7%, highlighting the effectiveness of its strategic focus on home water solutions.
Key financial metrics reveal that the home water systems segment was the primary driver of revenue growth, with an 84.8% increase year-over-year. However, the company’s gross margin decreased to 26.5% due to a shift in product mix, and operating expenses rose by 38.4% due to increased marketing efforts and employee compensation. Despite these challenges, Viomi’s income from operations improved significantly, reflecting strong operational performance.
Looking forward, Viomi remains committed to its ‘Global Water’ strategy, focusing on expanding its international presence, enhancing product innovation, and strengthening strategic partnerships. The company aims to continue delivering smarter and healthier water solutions, positioning itself for sustainable growth in the global market.