Core Insights - The company has experienced strong growth in its business due to the increasing demand for AI transformation in enterprises, with total revenue reaching RMB 4.402 billion, a year-on-year increase of 36.8% [1] - Gross profit amounted to RMB 1.621 billion, reflecting a year-on-year growth of 20.1%, with a stable gross margin of 36.8% [1] - The company's core product line, the Fourth Paradigm AI platform, saw explosive growth, generating RMB 3.692 billion in revenue, a 70.1% increase year-on-year, driving a second acceleration in overall performance [1] - The company has maintained its position as the market leader in China's machine learning platform sector for seven consecutive years, according to IDC [1] Financial Performance - The company achieved its first quarterly profit during this period, indicating a significant improvement in its cost structure and operational efficiency [1] - Research and development expenses totaled RMB 1.489 billion, an increase of 8.4% year-on-year, while the R&D expense ratio decreased by 8.9 percentage points to 33.8%, enhancing the efficiency of R&D investments [1] Market Expansion - The company captured numerous new business opportunities across key industries such as energy, manufacturing, finance, and retail, responding to the urgent demand for actionable AI applications [2] - The number of benchmark users increased to 103, up by 5 users year-on-year, with an average revenue contribution of RMB 25.49 million per benchmark user, representing a 71.4% increase [2]
第四范式前三季度总收入同比增长36.8%至44.02亿元 第四范式先知AI平台业务实现爆发式增长