YXT.COM Group Holding Ltd · Q2 2026 earnings

Briefing

YXT.com FY2025 revenue rose 2.7% to RMB340M as gross margin expanded to 68.3%, but net loss widened to RMB159M

YXT.com Group reported full-year 2025 revenue of RMB340.2 million (US$48.7 million), up 2.7% from RMB331.2 million in 2024, driven by subscription corporate learning solutions and new AI products. Gross margin expanded 650 basis points to 68.3% on AI-powered operational efficiencies and a shift toward large enterprise accounts, while operating loss narrowed to RMB141.0 million from RMB187.1 million. Net loss widened to RMB158.9 million from RMB92.1 million, though adjusted net loss improved 26.4% to RMB146.6 million. Subscription customers totaled 2,301 with net revenue retention of 101.4%, and AI-related monthly recurring revenue reached RMB1.1 million versus RMB0.3 million a year earlier.

• Full-year revenue grew 2.7% to RMB340.2M; corporate learning solutions revenue was RMB337.7M
• Gross margin expanded to 68.3% from 61.8% on AI efficiencies and enterprise mix shift
• Net loss widened to RMB158.9M; adjusted net loss improved 26.4% to RMB146.6M
• Subscription NRR held at 101.4%; AI-related MRR reached RMB1.1M from RMB0.3M
• Cash and short-term investments totaled RMB134.7M vs RMB418.2M at prior year-end

Headline financials

Revenue & EPS history

Management expects adjusted net loss to decrease significantly in 2026 as higher-quality revenue mix, AI efficiencies, and expense optimization continue.