DSC revenue rallies 3.7% to RMB167 million

• DSC (NASDAQ:DSC) reported Q2 2026 revenue of RMB167 million, up 3.7% year over year.
• GAAP net loss widened to RMB240.5 million after RMB227.8 million in share-based compensation and IPO-related expenses linked to its Nasdaq listing.
• The company highlighted AI-powered products and used-car marketplace metrics as it develops additional monetization opportunities.

DSC (NASDAQ:DSC) reported unaudited second-quarter 2026 revenue of RMB167 million, up 3.7% year over year, while its GAAP net loss widened to RMB240.5 million after IPO-related expenses and share-based compensation.

The company’s adjusted net loss narrowed 61.5% year over year to RMB7.4 million, compared with the higher GAAP loss caused by non-cash and listing-related expenses recognized after its June 2026 Nasdaq listing.

DSC recorded RMB227.8 million in share-based compensation and IPO-related expenses during the quarter, while adjusted operating costs declined, with general and administrative expenses and sales and marketing expenses each falling 14%, and research and development expenses declining 29.2%, excluding share-based compensation.

The company reported cash and cash equivalents of RMB451.3 million as of June 30, 2026, and began disclosing used-car-specific operating metrics, including 65,334 dealership monthly active users and 199,933 user monthly active users.

DSC also reported an average revenue per user of monetized used-car dealerships of RMB6,672 and stated that it is developing AI-powered products while exploring early monetization opportunities.