Yuanbao revenue rallies 30.1% in Q2
- Yuanbao (NASDAQ:YB) reported second-quarter 2026 revenue of RMB1,392.2 million, up 30.1% year over year.
- Net income increased 35.6% to RMB413.2 million, while net income margin improved to 29.7%.
- Growth was supported by insurance distribution services, system services, advertising services, and AI-driven insurance solutions.
Yuanbao (NASDAQ:YB) reported second-quarter 2026 revenue of RMB1,392.2 million, up 30.1% year over year, with net income reaching RMB413.2 million.
The company’s second-quarter growth compared with the prior-year period was supported by insurance distribution services, system services, and newly launched advertising services, which generated RMB52.8 million in revenue.
Operating cash inflow reached RMB419.1 million in the quarter, while non-GAAP adjusted net income increased 32.6% to RMB431.2 million with a margin of 31%.
For the first half of 2026, Yuanbao reported revenue of RMB2,708 million, up 32.7% year over year, and net income of RMB800.8 million.
The company said it continued developing AI insurance technology, with more than 5,100 AI models and multimodal systems deployed in claims processing and user growth applications.
