Shenzhen, China, October 26, 2026 – ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions, today announced a revenue of RMB 116.84 billion in the first nine months of 2026, an increase of 16.2% year-on-year.
According to ZTE's results announcement, during the period, the net profit attributable to shareholders of the listed company reached RMB 4.06 billion, and net profit after extraordinary items attributable to shareholders of the listed company amounted to RMB 2.81 billion. Net cash flow from operating activities was positive.
In the third quarter, both operating revenue and net profit achieved year-on-year growth. Operating revenue reached RMB 38.81 billion, up 34.0% year-on-year. The net profit attributable to shareholders of the listed company reached RMB 1.31 billion, an increase of 394.5% year-on-year. Net profit after extraordinary items attributable to shareholders of the listed company reached RMB 0.59 billion, up 363.7% year-on-year. Net cash flow from operating activities totaled RMB 0.84 billion, growing 76.0% year-on-year.
Since the beginning of 2026, ZTE has remained focused on AI as a strategic priority and continued to advance its "Connectivity + Computing" strategy, working with global industry partners to build intelligent, resilient digital infrastructure for the AI era. The company has pursued coordinated development across its Networks, Computing, Home and Personal Devices, while accelerating its expansion in international markets. These efforts have further diversified the company's revenue mix and helped mitigate the impact of lower communications infrastructure investment by domestic carriers. During the first three quarters, growth in the Computing and terminal businesses, together with higher revenue from international markets, drove further expansion in the company's overall operating revenue.
The Computing business continued to gain momentum, with revenue increasing by over 70% year-on-year and its share of total revenue rising to 38%. Within the business, servers and storage revenue rose more than 70% year-on-year, while data center solutions revenue increased by nearly 130% year-on-year. Home and Personal Devices maintained solid growth, collectively contributing 23% of total revenue. Both domestic and international markets recorded year-on-year revenue growth. Revenue from international markets grew by over 30% year-on-year, supported by ongoing 5G deployments, fiber network upgrades, and rising demand for AI computing infrastructure, as well as closer collaboration with Chinese enterprises in their global operations.
On the profitability front, the company's gross margin remained under pressure due to shifts in industry cycles and changes in its business mix. In response, ZTE continued to focus on its core business areas and pursue breakthroughs in key technologies, while further strengthening expense discipline. The net profit attributable to shareholders of the listed company posted strong year-on-year growth in the third quarter.
As the AI industry accelerates its shift toward inference, competition is increasingly moving from scaling raw computing capacity to optimizing end-to-end token efficiency. Leveraging its end-to-end, full-stack AI capabilities, ZTE delivers AI infrastructure solutions designed to optimize TCO through compute-network synergy and system-level optimization, enabling higher effective inference performance at a lower cost per token. These capabilities help AI factories shift from simply scaling computing capacity to improving effective inference output and overall system efficiency.