Aurora Mobile Posts Net Income of 4.5 Million Yuan, Cuts 2026 Revenue Outlook
Key Facts
Aurora Mobile on November 12 reported unaudited results for the quarter ended September 30, 2026, with net income under generally accepted accounting principles of 4.5 million yuan, compared with 0.7 million yuan in the year-earlier quarter. Net income attributable to shareholders was 4.7 million yuan, compared with a loss of 13 thousand yuan a year earlier. The return to profit came as revenue grew and operating income improved, alongside the company’s decision to lower its full-year revenue outlook. The chief financial officer said stronger operating performance was reflected in the results, adding that the company recorded its highest net profit since transitioning to a Pure-SAAS model in the first quarter of 2021. The results show growth in developer services alongside weaker activity related to financial risk management in China.
Revenue was 106.5 million yuan, equivalent to 15.9 million dollars, up 17% from 90.9 million yuan in the third quarter of 2025. The company attributed the growth to a 37% year-on-year increase in developer services revenue. This was partly offset by a 31% decline in vertical applications revenue, showing divergent trends in the two segments during the quarter. In the second quarter of 2026, developer services revenue had risen 24% year on year, while vertical applications revenue fell 16%. Developer services growth accelerated in the third quarter, while the decline in vertical applications widened from the previous period.
The chief executive said core developer subscription revenue reached a quarterly record of about 77.0 million yuan. EngageLab, the company’s main global product, also posted its highest quarterly revenue at 29.5 million yuan. EngageLab revenue rose 124% year on year, according to the company. The figures show the contribution of developer activity and the product to quarterly revenue growth, as the vertical applications segment declined. Gross profit was 70.9 million yuan, up 11% year on year, while cost of revenue rose 31% to 35.6 million yuan.
Operating income improved to 5.5 million yuan, compared with 0.4 million yuan in the year-earlier quarter. Operating expenses totaled 68.1 million yuan, up 6% year on year from 64.4 million yuan. The chief financial officer said stronger operating performance flowed through to net profit, which reached its highest level since the transition to a Pure-SAAS model in the first quarter of 2021. Revenue and profit growth coincided with cost of revenue rising faster than gross profit. Cash and cash equivalents, restricted cash and short-term investments totaled 165.0 million yuan, or 24.6 million dollars, on September 30, 2026, compared with 173.4 million yuan on December 31, 2025.
Aurora Mobile lowered its fiscal 2026 revenue outlook to 405.0–415.0 million yuan from its previous range of 450.0–480.0 million yuan. It said the new range represents year-on-year growth of about 8% to 11%. The company attributed the revision mainly to financial risk management business revenue coming in below its previous expectations. It added that ongoing adjustments in China’s consumer credit and loan facilitation sectors had affected activity, and that the depth and duration of the adjustments exceeded its estimates. The company had previously expected customer demand to stabilize gradually after the sector adjustments, but said the adjustment path was more severe and prolonged than anticipated.
The company said some customers had tightened new credit issuance and become more cautious in budgeting, affecting demand for related data and technology services. Adjustments in the consumer credit and loan facilitation sectors also prompted financial institutions and platforms to change product pricing, customer mix and business volume. These conditions explain why financial risk management revenue fell below the level built into the company’s previous outlook. JG shares closed at 5.88 dollars on November 11, 2026, according to EL7 data. The company said its third-quarter earnings call would be held on November 12 at 7:30 a.m. Eastern Time, corresponding to 8:30 p.m. Beijing time the same day.