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Huaqin Technology disclosed its 2026 third quarter report on October 28, 2026. According to a same-day report by Jiwei Net, the company's third quarter single-quarter revenue grew 60.86% year-on-year and 37% quarter-on-quarter, with non-recurring net profit of 1.19 billion yuan; both revenue and non-recurring profit hit record single-quarter highs. The report said that super node product revenue in the third quarter was 6.191 billion yuan, with monthly shipments already reaching more than one hundred cabinets, driving data business third quarter revenue to 22.456 billion yuan, up 228% year-on-year, and full-year super node revenue is expected to exceed 10 billion yuan. In the first three quarters, computing and data business revenue was approximately 82.706 billion yuan, surpassing the mobile terminal business's 68.784 billion yuan for the first time. Currently, the relevant content of the report is presented through Jiwei Net's coverage.
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Oct 28
Jiwei.com
Huaqin Technology's Q3 results hit a record high, with batch delivery of Super Nodes driving an explosive surge in computing power business
Huaqin Technology's Q3 2026 single-quarter revenue grew 60.86% year-on-year and 37% quarter-on-quarter, with non-recurring net profit of 1.19 billion yuan; both revenue and non-recurring profit hit record highs for a single quarter. Super Node product revenue in Q3 was 6.191 billion yuan, with monthly shipments already exceeding one hundred racks, driving data business Q3 revenue to 22.456 billion yuan, up 228% year-on-year; full-year Super Node revenue is expected to exceed 10 billion yuan. In the first three quarters, computing and data business revenue was approximately 82.706 billion yuan, surpassing the mobile terminal business's 68.784 billion yuan for the first time.