Youlife first-half 2026 net profit falls 20% to RMB 30.3 million; revenue more than doubles to RMB 1.96 billion
YOUL•Youlife reported first-half 2026 net profit of RMB 30.3 million, down 20%, as revenue more than doubled to RMB 1.96 billion. Gross margin narrowed 5.5 percentage points to 8.6%.
1. First-half results
Youlife's first-half 2026 net profit fell 20% to RMB 30.3 million, while revenue more than doubled to RMB 1.96 billion. Gross margin narrowed 5.5 percentage points to 8.6%, reflecting a greater contribution from lower-margin employee management services following the YouheHR acquisition.
2. Costs and partnership
Operating expenses rose 68% to RMB 138.8 million, driven by higher sales, marketing and administrative costs following the acquisition, and increased research and development investment. Youlife also formed a strategic partnership with Anhui Thingo Intelligent Technology to develop AI recruitment products and intelligent agent services over at least ten years.
