AgiBot says 2025 revenue topped RMB1 billion as it launches the Expedition A3 humanoid and a robot rental network

AgiBot, the Shanghai humanoid robot maker, said its revenue passed RMB1 billion in 2025 and that it aims for several-fold growth again in 2026, according to the company's account of its APC 2026 partner conference held in Shanghai on April 17, 2026.

The company, also known as Zhiyuan Robotics, set out a revenue path it has not previously laid out in one place: about RMB300,000 in 2023, more than RMB60 million in 2024 and more than RMB1 billion in 2025. It said first-quarter 2026 performance against its target was good but did not give a figure. AgiBot also said its ten-thousandth robot rolled off the production line this year, and that its cleaning solutions had shipped a cumulative 10,000 units, with a target of more than 6,000 for 2026.

The headline hardware was the Expedition A3, a full-size humanoid released in April. AgiBot claims the industry's highest thrust-to-weight ratio and says the full-size robot now moves with more agility than its half-size models. Two hot-swappable battery packs give 8 to 10 hours of continuous work without a battery change, the company said. Alongside it AgiBot introduced the Lingxi X3, an interactive service terminal due at the end of the year, the lightweight Genie G2 Air and the heavier-payload Genie G2 Max, both slated for 2026, and the D2 family of quadrupeds in several sizes.

On software, AgiBot released or previewed six models across three layers it calls motion, interaction and task intelligence. They include two base models for adaptive control and generative motion, a multimodal interaction model named WITA Omni 1.0 due in the third quarter, and a task model, GO-3, also due in the third quarter. AgiBot said GO-3 is trained on tens to hundreds of times more data than GO-2.

The commercial pitch centred on seven packaged solutions that AgiBot says are already in production use: handling of precision parts in consumer electronics, material transport and depalletising, logistics sorting, retail guidance and sales assistance, restaurant guiding, security patrols and commercial cleaning. The company said the logistics sorting deployment has six months of operating history.

Two programmes aim to widen the funnel. AgiBot said it built what it describes as the first global robot rental platform, called Qingtian Rent, and that it will invest more than RMB2 billion over five years in an ecosystem plan covering research grants, education and talent, partner development and developer community operations. The company said more than 2,500 partners from over 30 countries and regions attended.

AgiBot is based in Shanghai and is led by founder, chairman and chief executive Deng Taihua, with co-founder Peng Zhihui as president and chief technology officer. Its revenue disclosure places it in the same bracket as the two listed Chinese humanoid makers. UBTech Robotics reported 2025 revenue of RMB2.0 billion in its Hong Kong annual results, of which RMB820.6 million came from full-size humanoid robots, and Unitree's listing documents show 2025 revenue of RMB1.70 billion.

The conference also showed how AgiBot differs from those rivals. UBTech has concentrated on factory deployments with its Walker S series and disclosed unit sales of 1,079 full-size humanoids in 2025. Unitree sells large volumes of lower-priced quadrupeds and humanoids to research, education and entertainment buyers. AgiBot is trying to cover all three markets at once, with wheeled industrial robots, full-size humanoids, quadrupeds and service terminals, and to bind them with its own model stack.

Several points remain unverified. AgiBot gave no gross margin, profit or cash figures, did not break revenue down by product, and gave no prices for the new hardware. The phrase ten-thousandth robot covers all its robot types, not only humanoids. Its claims of industry-leading thrust-to-weight ratio are not accompanied by a published number.