INLIF Revenue Rises 26.01% to $12.94 Million in First Half of 2026
Key Facts
INLIF reported net revenue of $12.94 million in the first half of its 2026 fiscal year, up 26.01% year over year, according to company results reported by Nasdaq on September 24. Revenue was $10.27 million in the same period of fiscal 2025. The company also reported net income of $1.01 million, compared with a net loss of $1.98 million a year earlier. Gross margin rose to 35.95% from 17.50% year over year. The results provide financial context for the company’s announcement related to expanding its industrial equipment and robotics business, but do not confirm details of the supply agreement described in the current report.
Smart equipment was among the company’s sources of revenue in the first half of 2026, with sales of $3.36 million, after the company recorded no revenue from this activity in the same period of 2025. By contrast, the company said its industrial robots remained in the research, development and product validation stage during the first half. This places the robotics business in a development and testing phase, rather than among products the results say have become a fully operational commercial business. The company said its research and development team grew from 31 employees in June 2025 to 72 employees in June 2026. The team’s growth points to more resources allocated to this work, while the company continues to describe the technical stage as research, development and validation.
INLIF operates in this field through its operating entity, Ewatt Robot Equipment, which conducts research and development, manufacturing and sales of handling arms for injection molding machines, according to a company disclosure filed with the U.S. Securities and Exchange Commission. Its activities also include installation and warranty services and arm accessories. The company said it launched an initiative dedicated to research and development in new energy equipment in 2025. This context links its existing industrial activity in handling equipment with its more recent focus on new energy equipment and robotics. Chief Executive Rongjun Xu said the company would continue its “technology-driven development and innovation” strategy by increasing research and development efforts in new energy.
In June 2026, the company confirmed delivery of its first order for battery cell filling machines, with a contract value of about 30 million Chinese yuan, or about $4.4 million. After delivery, the customer ordered six additional machines of different models, according to the disclosure. The company said at the time that total orders could reach 50 machines by the end of 2026, with a potential contract value of about 100 million yuan, or $14.7 million, or more. The company presented this figure as an estimate subject to uncertainty, not as a confirmed value for completed orders. Disclosures on actual orders and deliveries therefore remain important for understanding how much of the estimates translates into recorded commercial activity.
In October 2026, INLIF announced the closing of a registered direct offering worth $3.75 million, according to a statement filed with the U.S. Securities and Exchange Commission. In trading on November 10, INLF shares closed at $0.545, according to EL7 data. This came before the specific announcement in the current report and does not in itself provide evidence of the share’s movement afterward. The first-half results remain a dated reference for the company’s performance through that period, while estimates for orders of new energy equipment extend to the end of 2026. Assessing progress in the industrial business depends on the company’s subsequent disclosures about order fulfillment and deliveries, alongside continued development and validation of its robots.