Iflytek reports strong Q3 2025 growth, strategic AI advances
Iflytek announced a strong third quarter in 2025, with operating revenue of 6.078 billion yuan, a 10.02% increase year-on-year. Net profit attributable to shareholders surged by 202.40% to 172.25 million yuan, while net non-recurring profit after extraordinary items increased by 76.50% to 26.24 million yuan. The company's operating cash flow turned positive, reaching 895 million yuan, a 25.19% increase compared to the previous period.
This performance was underpinned by advancements in Iflytek's AI core technology, notably with the "Spark" large model. This model achieved parity with leading international counterparts in July 2025 and expanded its multilingual capabilities to support 130 languages by September 2025. This technological edge contributed to Iflytek securing the highest number and value of large model-related project bids in the industry for the first nine months of the year, with Q3 alone seeing 545 million yuan in bids.
In a separate but related development, Iflytek's Sixth Board of Directors held its sixteenth meeting on October 19, 2025. During this meeting, the board unanimously approved the Q3 2025 report and discussed plans for a private placement of up to 100 million A-shares to raise up to 4 billion yuan. These funds are earmarked to further develop the "Spark Education" large model, enhance computing platforms, and bolster working capital.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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