Horizon Robotics Turns Profitable in H1 2026 with 3.78 Billion RMB Net Income
Horizon Robotics released its H1 2026 financial report, posting a revenue of 2.055 billion RMB (up 32.9% YoY) and turning a net profit of 3.784 billion RMB. The company also achieved a gross margin of 66%, driven by strong growth in its licensing and service business. Achieving profitability is a major milestone for the autonomous driving chip industry, which typically requires heavy R&D investment. Horizon Robotics' dominant market share in domestic ADAS solutions highlights its strong competitive position against global rivals like NVIDIA. The company's licensing and service revenue grew 52.7% YoY to 1.129 billion RMB, making up 55% of total revenue. Additionally, Horizon Robotics plans to mass-produce its cabin-driving integrated solution in Q4 2026 and tape out its next-generation Journey 7 SoC in Q2 2027.
## BACKGROUND
Horizon Robotics is a leading Chinese provider of automotive smart chips and autonomous driving solutions, famous for its Journey series chips. The company utilizes a unique "ARM+Android" business model, licensing its proprietary Brain Processing Unit (BPU) IP, AI models, and toolchains to automakers to help them develop custom chips and software.