Performance reports for industrial robot listed companies for the third quarter of 2026 have been fully released. To facilitate horizontal comparison, MIR DATABANK has compiled the revenue and net profit attributable to parent company shareholders (hereinafter referred to as "profit") of leading robot manufacturers for the first three quarters of 2026 into a summary table (ranking is not prioritized) for reference.
Performance Analysis of Major Robot Body Manufacturers
Overall Industrial Robot Market Situation in Q3 2026:
According to MIR DATABANK data, the Chinese industrial robot market maintained double-digit growth in Q3 2026, with quarterly sales exceeding 90,000 units, representing a year-on-year increase of 13.8%. Cumulative sales for the first three quarters reached approximately 280,000 units, up 15.2% year-on-year.
In terms of structure, domestic brands continued to expand their presence, holding a 56.9% market share in Q3 compared to 43.1% for foreign brands. Domestic brands are accelerating their deployment in incremental scenarios such as embodied intelligence, bending, and CNC, while foreign brands are increasing investment in new product technologies and innovative solutions to maintain competitiveness.
Downstream industries including electronics, automotive electronics, and metal products showed outstanding performance in relevant sub-segments. Although demand from traditional 3C electronics slowed down, the PCB and AI-related segments provided support. Meanwhile, applications of robots in assembly, screwing, and testing within sub-fields such as AI server final assembly and components like optical modules, heat dissipation modules, PCBs, memory, and server structural parts have continuously increased.
Analysis of Key Enterprise Performance:
Statistical Data on Revenue and Net Profit Attributable to Parent Company Shareholders of Major Chinese Robot Body Manufacturers for 2025 and the First Three Quarters of 2026
(Data Source: MIR DATABANK)
*Inovance (Intelligent Robots & Digital Energy): ① Intelligent Robot Business: Includes industrial robots, machine vision, humanoid robot components, and other products and solutions, promoting the implementation of generalized humanoid robot solutions in industrial scenarios. ② Digital Energy Business: Includes energy storage and energy management products and solutions.
Estun
Estun achieved significant profit recovery in Q3 2026. The improvement in profits stems from two aspects: first, cost and expense control, with operating costs decreasing by approximately 8.16%, alongside reductions in administrative, financial, and other expenses, indicating a回暖 (recovery) in core business profitability. Second, after completing its H-share issuance, Estun's financial strength was notably enhanced, further optimizing its capital structure and providing sufficient funding guarantees for R&D investment, market expansion, and industry integration. According to MIR DATABANK data, Estun's shipment share of industrial robots (including Cloos shipments) continued to rank first in the Chinese market during the first three quarters.
Inovance
In the first three quarters of 2026, Inovance achieved total operating revenue of CNY 38 billion, a year-on-year increase of 20%; net profit attributable to parent company shareholders was CNY 4.4 billion, up 3% year-on-year. By segment, emerging businesses (Intelligent Robots & Digital Energy) generated approximately CNY 2.1 billion, an increase of about 88% year-on-year, making it the fastest-growing segment.
According to MIR DATABANK data, Inovance's overall shipment share of industrial robots entered the top three in the Chinese market during the first three quarters of 2026, while its SCARA robot market share remained firmly in first place. It is understood that Inovance's six-axis robots have seen large-scale application in fields such as lithium batteries and auto parts. Internationally, the company secured key customers in Vietnam and South Korea in the first half of the year, demonstrating significant results in its global expansion strategy.
Performance Changes of Major Robot Component Manufacturers
Statistical Data on Revenue and Net Profit Attributable to Parent Company Shareholders of Major Chinese Robot Component Manufacturers for 2025 and the First Three Quarters of 2026
(Data Source: MIR DATABANK)
On October 22, Tesla announced that mass production of Optimus humanoid robots had commenced at its Fremont factory production line, with deliveries to external customers expected to begin by the end of 2027. The component supply chain centered around Tesla, including ball screws, reducers, and bearings, will benefit from this trend, validating the underlying demand in the reducer industry.
Among major listed robot component manufacturers, Zhongda Leader and Leaderdrive stood out for their revenue growth in the first three quarters.
Specifically, Leaderdrive stated that performance changes were mainly due to the company's increased market share in the industrial robot sector in 2026, significant growth in the scale of its embodied intelligence robot business, improved production and operational efficiency, and capacity expansion.
As for Zhongda Leader, looking at overall operations for the first three quarters, the company achieved cumulative operating revenue of CNY 932 million, a year-on-year increase of 21.88%, maintaining steady expansion in revenue scale. The company continues to increase R&D investment in directions such as joint modules for embodied intelligence, constantly improving its product matrix of core robot components, and further consolidating its competitive position in the precision transmission components track.