Geekplus, one of the largest providers of autonomous mobile robots for warehouses, says it reached a profitability milestone in 2025 while continuing to grow strongly outside mainland China. The Hong Kong-listed company reported revenue of RMB 3.171 billion for the year, up 31.6 percent from 2024, while adjusted net profit turned positive at RMB 43.8 million. Operating cash flow also moved into positive territory, reaching RMB 85.7 million.
That makes the results notable in a warehouse robotics market where revenue growth has not always translated into profit. Geekplus said gross profit rose 34.4 percent to RMB 1.125 billion, with gross margin improving to 35.5 percent. New orders reached RMB 4.137 billion, up 31.7 percent year on year, indicating continued demand heading into 2026.
A large share of that growth came from outside mainland China. International markets contributed RMB 2.387 billion, or more than 75 percent of total revenue, according to the company. Geekplus also said those markets generated a gross margin of 46.6 percent. New orders outside mainland China rose by nearly 40 percent, led by growth of more than 50 percent in the Americas.
The figures underline how important overseas expansion has become to the company’s business. Geekplus has built much of its position around large-scale warehouse automation, particularly goods-to-person and shelf-to-person systems using AMRs. According to Interact Analysis, the company held the largest global AMR market share for the seventh consecutive year in 2025.
Geekplus attributes its improved financial performance partly to what it describes as embodied intelligence and AI-driven software. In practical terms, that means combining mobile robots with software for orchestration, scheduling and forecasting, while also broadening the portfolio with robotic picking systems and humanoid platforms. The company said subscription-based service orders grew by more than 90 percent in 2025, helped by demand for AI-supported robot management and warehouse execution.
That points to a broader shift in how Geekplus wants to position itself. The company is no longer presenting itself only as an AMR supplier, but increasingly as a provider of more complete warehouse automation systems. In recent months, it has drawn attention to Gino 1, a humanoid robot for warehouse use, alongside robotic arm picking stations. The aim appears to be to automate more of the warehouse workflow within one integrated platform.
Whether humanoid robots will become a meaningful part of warehouse operations in the near term remains uncertain. But the company is clearly betting that future growth will come not only from mobile robots, but also from adding manipulation and AI layers on top of proven AMR deployments.
Geekplus said it had delivered more than 72,000 robots by the end of 2025 across more than 40 countries and regions, serving around 950 end customers, including more than 80 Fortune Global 500 companies. It also reported a large-customer repurchase rate of 78 percent, suggesting repeat business is becoming an increasingly important driver of growth.
The broader market context also matters. As warehouse operators face continued pressure to improve throughput, reduce labour dependence and justify automation spending, suppliers are being pushed to show not just technical capability but financial resilience as well. In that environment, Geekplus moving into profitability is more than a company milestone. It also suggests that parts of the AMR sector may be entering a more mature phase, where scale, recurring software and service revenue, and international execution become as important as robot shipments.
For 2026, Geekplus says it will focus on commercialising embodied intelligence and expanding the use of humanoid robots in warehousing. That may be the headline-grabbing part of the announcement. But the more immediate takeaway is that one of the best-known names in warehouse AMRs has now crossed into profitability while continuing to grow revenue, orders and overseas business.
