YXT.com Sees 2.7% Revenue Growth, Gross Margin Rises to 68.3%
YXT.com reported RMB340.2 million full-year revenue, up 2.7%, and gross margin of 68.3%, a 6.5-point increase. Net loss rose to RMB158.9 million, while adjusted net loss fell by RMB52.7 million to RMB146.6 million, and AI-product MRR jumped from RMB0.3 million to RMB1.1 million.
1. Financial Performance Highlights
YXT.com generated RMB340.2 million in revenue for 2025, up 2.7% year-on-year. Cost of revenues fell 14.9% to RMB107.7 million, boosting gross margin by 6.5 percentage points to 68.3%. Net loss widened to RMB158.9 million, though adjusted net loss narrowed by RMB52.7 million.
2. Strategic Shift and Customer Metrics
The company reduced its subscription customer base from 2,405 to 2,301 as it pivoted toward large enterprise accounts. Net revenue retention improved to 101.4%. Revenue from subscription learning solutions rose to RMB317.4 million, reflecting the emphasis on high-value, enterprise-focused contracts.
3. AI-related Growth and Outlook
AI-related monthly recurring revenue increased from RMB0.3 million to RMB1.1 million. Management plans to leverage its AI-first transformation to drive operational efficiencies and expects further adjusted loss reductions in 2026 through expense optimization and a refined revenue mix.