IT Home: Forecasts Significant Profit Growth for First Half of 2026

Chinese technology firm IT Home has released an earnings forecast for the first half of 2026, projecting a significant increase in net profit. The company anticipates net profit attributable to shareholders to range between 9.2 billion and 11.0 billion yuan, a dramatic surge of 62,204% to 74,394% compared to the same period last year. Total revenue is also expected to grow substantially, between 115.78% and 145.20%, reaching 22.0 to 25.0 billion yuan.

The company attributes this anticipated growth to a recovering global semiconductor industry and increased downstream demand, coupled with limited growth in global wafer capacity. IT Home has secured its supply chain by renewing wafer supply agreements with major manufacturers, strengthening its resource base for long-term development.

IT Home is focusing on in-house research and development, particularly in proprietary chips like its SPU controller and software architectures such as HLC. These advancements aim to support diverse storage demands for edge AI applications. The company has collaborated with AMD to jointly optimize products, achieving a reported 40% reduction in DRAM usage for certain edge AI products through its storage intelligent agent and HLC technology.

IT Home cautions that these figures are preliminary estimates based on internal calculations and have not yet been audited. Specific details will be disclosed in the company's official 2026 interim report. Investors are advised to exercise caution when making investment decisions based on this preliminary information.