Yealink forecasts mixed 2025: revenue growth, but net profit decline

Xiamen Yealink Network Technology Co., Ltd. forecasts a 2% to 6% increase in operating revenue for the first three quarters of 2025, reaching between 419,194 yuan and 435,633 yuan, up from 410,974 yuan in the prior year. However, net profit attributable to shareholders is expected to decline by 3% to 8%, falling to between 189,946 yuan and 200,269 yuan, compared to 206,463 yuan previously. Net profit after deducting non-recurring gains and losses is also projected to decrease by 1% to 5%, ranging from 182,130 yuan to 189,799 yuan.

For the third quarter alone (July 1 to September 30, 2025), the company anticipates operating revenue to grow by 10% to 16%, totaling between 158,701 yuan and 167,358 yuan, exceeding last year's 144,274 yuan. Net profit attributable to shareholders for Q3 is expected to increase by 0% to 5%, reaching between 70,437 yuan and 73,959 yuan, compared to 70,437 yuan in the same period last year. Yealink attributes the overall steady sales performance and improved third-quarter results to a recovery from international trade environment fluctuations and overseas production shifts.

Non-recurring gains and losses are estimated to contribute approximately 11,500 yuan to the net profit for the first three quarters, primarily driven by investment income. Investors are advised to exercise caution as these figures are preliminary estimates and have not been audited.