2025年年度报告披露在即：随着业绩预告发布，竞业达2025年正式年报预计将于2026年3月或4月披露 （具体时间以公司公告为准）。年报将提供更详细的财务数据、业务进展及未来规划，投资者可关注其 智慧教育、智慧轨道等核心业务的落地情况。 战略推进 公司战略与行业动态：竞业达持续聚焦"AI+场景"战略，加大人工智能、大模型技术在教育和轨道领域 的投入。行业层面，IT服务板块受数字化政策影响，可能产生轮动效应，但需注意公司当前市盈率为 负，基本面承压。 以上内容基于公开资料整理，不构成投资建议。 经济观察网 竞业达（003005）2025年业绩预告显示净利润同比大幅下滑，公司加大AI研发投入导致费 用增加。 业绩经营情况 2025年度业绩预告已披露：根据竞业达于2026年1月29日发布的公告，公司预计2025年归属于上市公司 股东的净利润为800万元至1150万元，同比下降73.06%至81.26%；扣除非经常性损益的净利润预计亏损 200万元至400万元。业绩变动主要因公司加大AI研发投入，销售、研发及管理费用同比增加约3300万 元，但回款工作改善带动信用减值损失降低。正式年报尚未发布，实际数据需以最终披露为 ...

Core Viewpoint - The company reported a revenue of 190 million yuan for the first three quarters of 2025, with education revenue accounting for 79% of total revenue, indicating a significant reliance on this segment [1] Group 1: Revenue and Financial Performance - The company's revenue fluctuation is primarily influenced by seasonal factors, with a notable decrease in revenue from rail transit projects, which dropped by 93.1 million yuan year-on-year, contributing to the overall decline in revenue [1] - Despite the short-term profit pressure due to project acceptance seasonality and strategic investments, the company maintains a robust order reserve in core businesses such as smart education and smart rail [1] Group 2: Strategic Investments and Growth Initiatives - The company is committed to investing and positioning itself in key areas such as industry large models, AIGC applications, and intelligent agents, with R&D expenditure increasing by 7.82% year-on-year [1] - The company is accelerating the construction of its marketing system and expanding its national sales network, resulting in an increase of approximately 250 employees compared to the end of 2024, which led to a rise in three major expenses by 14.97 million yuan year-on-year [1] Group 3: Long-term Development Outlook - The company is building momentum for the next phase of recovery and development through its marketing system expansion and talent investment, continuously strengthening its long-term development foundation [1]