MOMENTA-W (06880) announced interim results, with revenue of 1.602 billion yuan, an increase of 75.9% year-on-year

According to the Zhitong Finance App, MOMENTA-W (06880) announced interim results for the six months ended June 30, 2026. The group achieved revenue of 1,602 billion yuan, an increase of 75.9%; loss of 14.097 million yuan during the adjusted period, a year-on-year decrease of 96.6%; and a loss of 471.8 yuan per share.

In the first half of 2026, we will continue to take “Better AI, Better Life” as our mission, adhere to a data-driven technology path, and strive to build the world's leading global model foundation platform. Using the world model as a unified technical foundation, we build a deep understanding of the operating rules of the physical world through the three levels of pre-training, simulation, and reinforcement learning, and horizontally penetrates mass-production vehicle solutions, autonomous freight vehicle service solutions, autonomous taxi service solutions, and other scenarios for the future.

Relying on physical world cognitive barriers built by covering more than 1 million mass-produced vehicles, over 13 billion kilometers of actual driving mileage, and over 100 million segments of high-value “gold data”, and with a continuously expanding computing power base, the company achieved large-scale, high-quality growth in the mass-produced vehicle solutions business during the reporting period. As of June 30, 2026, we have covered 26 OEM customers, with a cumulative total of 105 mass-produced models and a cumulative load capacity of more than 1 million units. During the reporting period, we added about 321,000 units, an increase of 83.7% over the previous year. We continue to rank as the number one third-party supplier in the urban NOA market, and have gone overseas to 10 countries and regions. Self-driving freight cars have begun small-scale trial operation in Suzhou, and autonomous taxis have also been tested or operated in 6 cities in 3 countries. Meanwhile, the company's latest generation Momenta R7 world model will be deployed in mass-produced vehicles starting in the third quarter of 2026, and will gradually be deployed on a large scale to autonomous freight vehicles and autonomous taxis during the year.