Horizon Robotics releases its 2025 financial report.

Horizon Robotics released its 2025 financial report on March 19. The report shows that Horizon achieved significant growth in 2025, with full-year revenue reaching RMB 3.758 billion, a year-on-year increase of 57.7%. Although the company recorded a loss of RMB 10.469 billion, its R&D expenditure reached RMB 5.154 billion, a year-on-year increase of 63.3%. Horizon's Journey series chips shipped over 4 million units, a year-on-year increase of 38.8%, of which mid-to-high-end chips shipped 1.8 million units, a year-on-year increase of nearly five times.