Workflow
商汤上半年实现营收23.58亿元,同比增长35.6%

Core Insights - The company reported a revenue of approximately 2.358 billion yuan for the first half of 2025, representing a year-on-year growth of 35.6% [1] - The revenue from generative AI has seen a significant increase for the third consecutive year, with a growth rate of 73% [1] - The adjusted net loss has substantially narrowed both year-on-year and quarter-on-quarter [1] - As of the end of June 2025, the company's total cash reserves reached 13.2 billion yuan [1] Revenue Breakdown - The visual AI segment has resumed its growth trajectory, leveraging a high-quality customer strategy and leading market share to improve both profit margins and cash flow [1] - The visual AI division serves over 660 domestic and international clients, with a repurchase rate of 57% [1] - There has been a significant year-on-year increase in overseas business opportunities and new orders in the first half of 2025 [1]