---
title: "XtalPi swings to FY26 H1 net loss of RMB 224.94 million; revenue falls 23.87% to RMB 393.63 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296337394.md"
description: "XtalPi reported a net loss of RMB 224.94 million for H1 FY26, reversing prior-year profits. Revenue dropped 23.87% to RMB 393.63 million due to the absence of last year's upfront licensing payments. R&D expenses surged 66% to RMB 367.84 million amid increased investment in autonomous labs and pipeline programs. Adjusted net loss widened to RMB 105.51 million. Conversely, AI4S Intelligent Solutions revenue grew 136.4%, with cash reserves standing at RMB 8.67 billion."
datetime: "2026-08-19T10:11:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296337394.md)
  - [en](https://longbridge.com/en/news/296337394.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296337394.md)
generator: "portal-rs"
---

# XtalPi swings to FY26 H1 net loss of RMB 224.94 million; revenue falls 23.87% to RMB 393.63 million

-   XtalPi posts a net loss of RMB 224.94 million for the six months ended June 30, swinging from profit a year earlier. \* Revenue falls 23.87% to RMB 393.63 million, hit by last year’s upfront payment from a major pipeline licensing deal. \* R&D expenses climb 66% to RMB 367.84 million, driven by higher investment in autonomous labs, agentic systems and pipeline programs. \* Adjusted net loss (non-IFRS) widens to RMB 105.51 million, reflecting added-back share-based compensation and convertible-bond interest. \* AI4S Intelligent Solutions revenue rises 136.4% year on year; cash balance totals RMB 8.67 billion as of June 30. 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. Xtalpi Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260819-12290444), on August 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**