# Cambricon Revenue Hits 3.5 Billion Yuan

> Cambricon's quarterly revenue reaches 3.531 billion yuan, testing delivery with rising inventory.
- Title: Cambricon Revenue Hits 3.5 Billion Yuan · BigGo Finance
- Summary: Cambricon's quarterly revenue reaches 3.531 billion yuan, testing delivery with rising inventory. Cambricon reported 3.531 billion yuan quarterly revenue, up…
- Keywords: cambricon, ai computing, revenue, inventory, quarterly report, ai chips, tech company, yuan, finance, markets, Hits, Billion
- Source: BigGo Finance — https://finance.biggo.com/news/047f67a7-1bae-4d89-8709-8e7e7307179b
- Author: BigGo Finance
- Published: 2026-10-23T13:35:22+00:00
- Read time: 1 min
- Topics: cambricon, ai computing, revenue, inventory, quarterly report, ai chips, tech company, yuan, finance, markets
## Cambricon Revenue
Cambricon reported third-quarter 2026 revenue of 3.531 billion yuan, up 104.47% year-on-year.
## Net Profit Growth
Net profit reached 1.404 billion yuan, up 147.74% year-on-year, both record quarterly highs since listing.
## Nine-Month Results
First nine months revenue reached 9.526 billion yuan, up 106.76% year-on-year, with net profit at 3.715 billion yuan.
## Inventory Surge
Inventory climbed to 11.665 billion yuan, up 41% from end of June and double the start of year figure.
## Prepayments Rise
Prepayments reached 3.044 billion yuan, up sharply from 745 million yuan at start of year.
## Debt-to-Asset Ratio
Debt-to-asset ratio rose from 11.87% to 32.36%, signaling increased leverage.
## Cash Flow Challenges
Operating cash flow turned negative at 83.678 million yuan, testing delivery against inventory buildup.
## R&D Investment
R&D spending increased to 523 million yuan, representing 14.8% of quarterly revenue.
## Future Targets
Cambricon targets cumulative revenue of at least 100 billion yuan for 2026-2028, based on AI demand.
## Market Performance
Share price fell 37.1% cumulatively from late-June high through October 23.
## Peer Comparison
MetaX forecasts revenue of 2.541 billion yuan for first nine months, up 105.60% year-on-year.
## Industry Context
Sustained AI demand opens volume-growth window for Chinese-made computing power chips.
## Key takeaway

Cambricon reported 3.531 billion yuan quarterly revenue, up 104.47% year-on-year, as inventory climbs to 11.665 billion yuan.