Explosive Growth: CXMT's Revenue Nears 269 Billion Yuan in First Three Quarters
On October 30, the performance data released by CXMT for the third quarter and the first three quarters of 2026 captured intense market attention. The company demonstrated remarkable growth momentum during the reporting period.
In the third quarter alone, CXMT achieved operating revenue of 118.714 billion yuan, a staggering increase of 613.18% compared to the same period last year. Sequentially, growth remained robust at 19.30% compared to the second quarter of this year.
Profitability Soars, Core Net Profit Skyrockets
The company's profitability and quality of earnings are particularly noteworthy. In Q3, net profit attributable to shareholders of the listed company was 54.435 billion yuan. The performance of net profit after deducting non-recurring gains and losses was even more striking, reaching 55.237 billion yuan, representing a year-over-year surge of 4070.56% and a sequential growth of 5.31%. This underscores a fundamental enhancement in the profitability of its core business operations.
Record-Breaking Cumulative Performance for Jan-Sep
For the entire first three quarters of 2026, CXMT's cumulative operating revenue reached 269.024 billion yuan, with a growth rate of 738.51% compared to the same period last year. Cumulative net profit attributable to shareholders stood at 132.04 billion yuan, while cumulative core net profit reached 134.03 billion yuan. These figures lay a solid foundation for its annual performance.
Technology as the Engine: Rampant R&D Investment and Product Breakthrough
While delivering impressive financial results, CXMT continues to advance its technological innovation. The report indicates that the company's R&D investment in the first three quarters of 2026 totaled 11.071 billion yuan, a year-over-year increase of 73.03%. Sustained R&D investment is translating into tangible technological achievements.
A key development is the successful completion of engineering sample verification for its DRAM products developed based on the in-house sixth-generation technology platform. This marks a critical step from R&D towards mass production, providing essential support for subsequent market introduction and performance iteration.
Market analysts suggest that in the context of intensifying global semiconductor memory competition, CXMT's dual-drive strategy of "high-performance growth" coupled with "deep technological cultivation" not only consolidates its market position but also reserves core momentum for its future sustainable development.