Anker Innovations Reports Over 24% Revenue Growth in First Three Quarters, New Products and Channel Expansion Pay Off
Anker Innovations recently released its third-quarter report for 2026. In the first three quarters, the company's operating revenue reached 26.140 billion yuan, up 24.36% year-on-year; non-GAAP net profit attributable to shareholders was 2.279 billion yuan, a sharp increase of 53.72% year-on-year, with gross margin as high as 48.44%. In the third quarter, operating revenue was 9.535 billion yuan, up 16.96% year-on-year, and non-GAAP net profit attributable to shareholders was 840 million yuan, up 61.23% year-on-year. Overall revenue grew steadily, maintaining a solid profitability level.
The financial report shows that the revenue increase was mainly due to the company's continued market expansion and new product launches, as well as the continued expansion of online and offline sales. During the reporting period, the company launched multiple innovative products across its three major business segments: charging and energy storage, smart innovation, and smart audio-visual. For example, it released sleep earphones, extending its audio product matrix from personal listening and home audio-visual to sleep management scenarios. In addition, Anker Innovations expanded into the smart health sector, launching its first hearing aid product and formally entering the hearing health market.
In terms of revenue channels, in the first three quarters, online channels contributed 24.791 billion yuan in operating revenue, up 21.99% year-on-year; offline channels contributed 8.762 billion yuan, up 32.28% year-on-year; the official independent website contributed 3.008 billion yuan, up 43.06% year-on-year, accounting for 11.51% of total revenue.
Combining the financial data from the first half of the year, the third-quarter revenue by channel can be estimated: online channels brought in approximately 6.029 billion yuan, the independent website approximately 1.171 billion yuan, and offline channels approximately 3.507 billion yuan, all showing growth trends, with the independent website and offline channels growing faster, at year-on-year growth rates of 49.58% and 44.19%, respectively. Notably, Anker Innovations opened its first directly operated store in Germany and will further improve its offline channel layout in the future.
By geography, Anker Innovations still relies on overseas markets as its main market, while domestic business has shown rapid growth. In the first three quarters, overseas operating revenue was 24.791 billion yuan, accounting for 94.84% of total revenue. Although the domestic business accounts for a small share, its revenue grew 95.59% year-on-year to 1.350 billion yuan.
In the first three quarters, the company's expenses across all areas increased, with R&D expenses and financial expenses showing the largest increases. 2.851 billion yuan was spent on R&D, up 46.54% year-on-year, mainly due to increased R&D projects and investment, as well as higher salaries for R&D personnel. Financial expenses surged 936.61% year-on-year, which the financial report explained was due to increased exchange losses caused by exchange rate fluctuations, higher interest expenses on convertible bonds, and increased transaction fees due to business expansion.
During the reporting period, Anker Innovations focused on brand building, proposing the One Anker strategy and adopting "ultimate innovation" as its brand belief. Previously, Anker Innovations had five brands—Anker, eufy, soundcore, Anker SOLIX, and eufyMake—each responsible for developing different categories. As the technological connections and usage scenarios among various products have become increasingly close, Anker Innovations unified its brands under the Anker name to focus brand-building investment and strengthen cross-category technological resource synergy.
After brand unification, products will be divided into two major matrices according to usage scenarios: "Anker for You" and "Anker for Home." The former covers categories such as charging, audio, maternal and infant, health, and creative tools, while the latter covers home security, home audio-visual, cleaning robots, and consumer-grade energy storage.
This article was first published on the official website of Ebrun.
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Translated by AI. Feedback: run@ebrun.com