EL7.AI
StocksMedium•24 October 2026•
1 min read

Cambricon Q3 Profits Surge 147.7% Despite Market Cap Retreat

Key Facts

1Cambricon reported a Q3 net profit of 1.4 billion yuan, marking a 147.7% year-on-year surge.
2The company recorded revenue of 9.53 billion yuan and net profit of 3.72 billion yuan during the first three quarters.
3The company's market capitalization has retreated by more than 40% from its peak of over 1 trillion yuan.

Cambricon reported a Q3 net profit of 1.4 billion yuan, marking a 147.7% year-on-year surge. According to 36Kr, the company recorded total revenue of 9.53 billion yuan and a net profit of 3.72 billion yuan during the first three quarters of the year.

The company's market capitalization has retreated by more than 40% from its peak of over 1 trillion yuan, suggesting a moderation in investor sentiment despite the profit growth. Regarding equity performance, KRKR closed at $2.98 on October 23, 2026.