Unitree’s revenue rises 70% as its spending on robot “brains” more than triples
China’s best-known humanoid maker is pouring money into the part of the robot a home needs most.
Published October 29, 2026
On October 28, Unitree Robotics, the Hangzhou company whose humanoids did flips at China’s Spring Festival Gala, published its report for the third quarter of 2026. Revenue for the quarter was 665 million yuan, 69.93% more than a year earlier. Net profit attributable to shareholders fell 17.37%, to 112.7 million yuan. The figures are unaudited.
What grew fastest was research and development: 127 million yuan, up 249.58%, or 19.1% of revenue. In the company’s own words, the increase comes mainly from research in embodied intelligence, especially large embodied models and the computing power behind them, along with a bigger research team and new products. From January to September, revenue reached 1.82 billion yuan, up 55.71%.
What it means for a family. The report says nothing about humanoids sold for the home. But a robot that can help in a house needs exactly what Unitree is now paying for: not a body that can move, but a “brain” that understands where it is and what it’s doing. The body is already getting cheap: Unitree’s smallest humanoid, the R1, sells in its online store for under $5,000. Chapter 2 of The Tireless Parent explains why the price is falling so fast.