Physix Frontier · News Briefing Card (TMTPost · Oct 15, 2026)

Orbbec Robot Revenue Undisclosed, Shareholders Cash Out 780M Yuan

KEY FACTS

Orbbec held a 29% share of the global robot 3D vision perception market in 2025, ranking first.
The company does not break down revenue by downstream industry, so the actual revenue of its robotics business cannot be determined from its financial reports.
In the first half of 2026, revenue was 438 million yuan, up only 0.5% year over year, while net profit attributable to shareholders fell 31.7% year over year.
Related-party sales to Ant Group are expected to be 80 million yuan in 2026, down 68.25% from the actual 252 million yuan in 2025.
The actual controller and senior executives sold about 6.186 million shares in mid-2026, cashing out about 780 million yuan in total.

KEY DATA

29.0%Global robot 3D vision market share

438 million yuanH1 2026 revenue

-31.7%H1 2026 net profit attributable to shareholders YoY

About 780 million yuanCash-out by actual controller and senior executives

PHYSIX OBSERVATION

Orbbec has spun its robotics story into a global No. 1, but its financial reports deliberately avoid breaking out robotics revenue. Combined with an expected nearly 70% plunge in sales to Ant Group and shareholders cashing out at high prices, this shows the high valuation lacks earnings support. For the industry, the pace at which robot vision orders translate into revenue may be far slower than capital expects, and the concept premium is being backlashed by fundamentals.

Source: TMTPost report