WuXi AppTec Raises Full-Year Revenue Guidance to 35%-39%; H1 Revenue Up 48%, TIDES Up 74.9%

WuXi AppTec released its 2026 interim results and raised its full-year revenue growth guidance to 35%-39%.

Revenue from continuing operations rose 48% year on year in the first half, with adjusted gross margin improving to 53.9%. By segment, the chemistry business grew 61.2% year on year in the second quarter, while TIDES revenue increased 74.9%. Backlog at end-June stood at RMB 66.43 billion, up 25.2% year on year.

The company also raised capital expenditure guidance to RMB 7.5-8.5 billion and brought forward construction of its new Changzhou base.