Geekplus, the Hong Kong-listed warehouse robotics company, has reported record revenue growth for the first half of 2025, highlighting accelerating demand for automation in logistics and supply chains.
For the six months ended June 30, 2025, the company posted revenue of RMB 1.025 billion (approximately $144 million), up 31 percent year on year from RMB 782 million in the same period of 2024.
Gross profit rose 43.1 percent to RMB 360 million, lifting gross margin to 35.1 percent. Adjusted EBITDA turned positive for the first time at RMB 11.62 million, compared with a loss of RMB 169.8 million a year earlier.
Orders also climbed sharply, reaching RMB 1.76 billion, a 30.1 percent increase year on year, including a single order exceeding RMB 100 million. Net loss narrowed by more than 90 percent to RMB 11.9 million, underscoring a stronger path toward profitability.
The company said nearly 80 percent of its revenue came from markets outside mainland China, reflecting the strength of its international business.
As of mid-2025, Geekplus had delivered more than 66,000 robots to over 40 countries and regions, serving more than 850 end customers, including 65 Fortune Global 500 companies. Its customer repurchase rate exceeded 80 percent.
CEO Yong Zheng said the results showed Geekplus is approaching a “profitability inflection point” while maintaining its position as the world’s largest warehouse fulfillment robotics solution provider for six consecutive years.
Alongside the financial results, Geekplus announced continued investment in new technologies. In July it established a wholly owned subsidiary focused on embodied intelligence and, in August, launched Geek+ Brain, billed as the world’s first embodied intelligence base model designed for warehousing.
The technology is intended to improve robotic picking and handling in complex warehouse environments.
With global demand for autonomous mobile robots expected to expand at a compound annual growth rate of more than 30 percent through 2029, Geekplus said it will continue to focus on embodied intelligence, international expansion, and ESG initiatives to sustain its growth trajectory.
