GigaDevice H1 2026 Revenue RMB 11.57 Billion, Net Profit Up 1091.5%
GigaDevice released its H1 2026 interim report, posting operating revenue of RMB 11.566 billion, up 178.67% year-on-year, and net profit attributable to shareholders of RMB 6.857 billion, up 1091.5%. The company attributed the surge to tight supply in the storage chip market, which lifted both volumes and prices, and to strong demand for microcontrollers from industrial, consumer, and automotive sectors. Additionally, higher fair value of securities investments boosted recognized gains. Revenue scale and earnings quality improved together, driving overall performance.
GigaDevice released its interim report for the first half of 2026. During the reporting period, the company achieved operating revenue of RMB 11.566 billion, up 178.67% year-on-year; net profit attributable to shareholders of the listed company was RMB 6.857 billion, up 1091.5% year-on-year.
According to the announcement, the storage chip industry experienced tight supply during the reporting period. The company's storage chip products saw both volume and price increases, improving the profitability of its storage business. Microcontroller products benefited from demand in industrial, consumer, and automotive sectors, achieving solid growth in shipment scale. The company's revenue scale and earnings quality improved in tandem, driving a significant increase in overall operating performance. In addition, the fair value of the company's securities investments rose at the end of the reporting period, leading to a substantial increase in recognized fair value change gains.