Yidian Tianxia Q1-Q3 2026 Revenue Rises 25.38% to RMB3.407B

The headline growth is flattered by a forex-adjusted profit measure, so the quality of the RMB205 million figure is the real story: stripping out currency swings and share-based payment leaves a cleaner read on core operations, and the 27.70% gain slightly outpacing revenue suggests some operating leverage. R&D rising 24.03% alongside that is a deliberate margin trade-off worth noting. The Q3 revenue of RMB1.175 billion, set against the nine-month total, implies a run-rate that matters for whether the full-year trajectory holds. Whether profit growth keeps outrunning revenue once forex effects are excluded is the open question.