Erayak management says H1 2026 sales rise 39% on higher gasoline generator, inverter volumes under high-volume pricing strategy
RAYA•RAYA•RAYA•RAYA•Erayak said sales for the six months ended June 30, 2026, rose 39.17% to $12.17 million as gasoline generator and inverter volumes increased. Gross margin fell to 15.63%, and its net loss widened to $761,221.
Sales rose 39.17% to $12.17 million, with gasoline generators contributing a $1.91 million increase and inverters a $1.76 million increase. Gross margin declined to 15.63% from 19.86% because of a lower-margin product mix and a high-volume, low-margin pricing strategy.
The net loss widened to $761,221 from $516,655 as operating expenses rose 21.32% to $2.88 million. Cash was $2.83 million at period-end, supported by $13.15 million in financing inflows, including $7.48 million from share issuance.
