Aug 13, 2026 earnings call — AI product growth and margin improvement
AI product-related revenue grew nearly ninefold; monthly recurring AI revenue reached RMB 4.4 million.
Revenue $0.0B · EPS $-0.12
Key quotes
"We achieved a nearly ninefold growth in AI product-related revenue."
"First, we will deepen our focus on large enterprise customers and improve customer lifetime value."
"This improvement was driven by our higher-quality revenue mix, continued focus on large enterprise subscription customers, AI-enabled productivity gains and ongoing cost optimization."
Analyst Q&A 1
product updates and margin outlook
Q (Katherine Thompson · Edison): The analyst asked for progress on the four product lines (TalentNova, NeoLearning, SaleSmart, AI BOX) and whether gross margin can keep rising in H2 and future years.
A: Management said TalentNova is their main business line and they signed more than 120 clients, a more than 48% increase versus last year, helped by integrating AI into their learning platforms. They said NeoLearning had RMB 32.7 million of signed engagement, a 26.8% increase driven mostly by AI-related products, and SaleSmart won over 20 new clients with total signed contract value of more than RMB 5.3 million, while AI BOX was integrated into TalentNova and NeoLearning. They reported gross margin was 70.1% in the 6 months ended June 30, 2026 compared with 65.1% last year (a 5 percentage point increase), said the improvements come from AI-driven efficiencies and lower staff costs, and they expect a higher gross margin in the second half of 2026 and continued expansion in future years.
"As the market leader in corporate learning platform, in 2026, we continue to sign new customers." — Haihua Huang