Taoping H1 2026 net loss narrows 47% to $2.5 million; revenue drops 32% to $11.9 million

• Taoping posted first-half 2026 revenue of $11.9 million, down 32% from the year-earlier period.
• Net loss narrowed 47% to $2.5 million, while gross margin rose 2.7 percentage points to 12.8%.
• Elevator project and MRO revenue totaled $3.7 million, about 31.3% of revenue; project and MRO gross margins were 23.5% and 32.2%.
• More than 10,000 elevators are now connected to its smart management platform, targeting subscription and service revenue.
• Management said it is reducing exposure to lower-margin legacy activity and focusing on converting Skyladder confirmed orders while expanding subscriptions and MRO services.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Taoping Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609290830PR_NEWS_USPR_____CN58853) on September 29, 2026, and is solely responsible for the information contained therein.