Youlife reports 114.8 percent revenue jump

• Youlife reported first-half 2026 revenue of RMB1,961.9 million, representing a 114.8 percent year-over-year increase.
• The company's gross profit rose 31.7 percent to RMB169.2 million, though net profit declined to RMB30.3 million.
• The company attributed growth to the expansion of its employee management services following its recent acquisition.

Youlife (NASDAQ:YOUL) reported first-half 2026 revenue of RMB1,961.9 million, driven by its expanded workforce platform.

This result compared to the previous year, showing a 114.8 percent increase in revenue and a 31.7 percent rise in gross profit to RMB169.2 million.

The company stated that its employee management services segment generated RMB1,884.2 million, a 122.3 percent increase from the previous period.

The business also finalized its YouheHR share-exchange acquisition on January 31, 2026, and secured a three-year nationwide outsourcing agreement with a domestic new-retail group.

The company attributed the drop in gross margin from 14.1 percent to 8.6 percent to the higher contribution of lower-margin employee management services.

During the period, the company established new education partnerships and entered a ten-year AI development cooperation.