• Seyond posted a net loss of US$ 330 million for FY2025, narrowing 17.6%, while revenue slipped 3.4% to US$ 150 million.
• Gross margin swung to 7.9% from negative 8.7%, as cost of sales dropped to US$ 140 million on lower per-unit costs from mass production and manufacturing automation upgrades.
• LiDAR deliveries climbed 44.6% to about 332,500 units, with NIO’s share of total deliveries easing to 86.2% from 97.3% as new customers began mass production.
• In Q1 2026, shipments surged about 310% to roughly 170,000 units, with preliminary revenue seen at about US$ 55 million, up about 117%.
• For 2026, Seyond expects total LiDAR shipments to rise about 200% versus 2025, with designed annual capacity at about 1.2 million units and plans to add 1 million units.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seyond Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260331-12082035), on March 31, 2026, and is solely responsible for the information contained therein.