Moore Threads Reports Q1 Revenue Up 155% YoY to $107.89M, Swings to $4.3M Profit

· hardware · Source ↗

TLDR

  • Beijing GPU maker Moore Threads swung to a $4.3M net profit in Q1 2026 after a $16.46M loss a year earlier.

Key Facts

  • Q1 2026 revenue reached approximately $107.89M, up 155% year over year.
  • Net profit came in at $4.3M, compared to a net loss of roughly $16.46M in Q1 2025.
  • Moore Threads is a Beijing-based GPU maker operating amid China’s domestic chip push.

Why It Matters

  • The swing from loss to profit in a single year marks a significant inflection for a domestic Chinese GPU company.
  • The 155% revenue jump suggests rapidly growing demand for Moore Threads hardware inside China.

Iris Deng / South China Morning Post · 2026-04-27 · Read the original

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