Gasgoo Munich- Momenta officially released its financial report for the first half of 2026. As its debut since going public, the report highlights impressive financial data. Driven by an industry-leading world model platform, the company is accelerating its technological and commercial evolution.The report shows revenue and gross profit both hitting record highs for the first half of 2026. Revenue climbed 76% to 1.60 billion yuan, while gross profit — excluding share-based compensation — jumped 75% to 1.21 billion yuan. That yielded a 75% gross margin, keeping the company at the forefront of the industry.Image source: MomentaNotably, adjusted net loss for the first half narrowed sharply by 97% to 14.097 million yuan, while operating cash outflow shrank 47% from a year earlier. These improvements highlight the company's steady footing and offer a signal that the autonomous driving sector is moving past its cash-burn phase toward sustainable profitability. With cash reserves topping 15 billion yuan following its July IPO, Momenta has a solid financial foundation to scale its unmanned operations and expand globally.Momenta holds the top spot in the third-party city NOA supplier market. It has partnered with 26 global automakers — the most international clients in the industry — making it the first Chinese company to achieve mass production of intelligent driving solutions on a global scale. Its production solutions are now live in more than 10 countries and regions across Asia, Europe, Oceania, Latin America, and North Africa, supporting major automakers as they expand overseas.Breakthroughs in mass production have fully activated Momenta's "flywheel effect." Over 1.1 million vehicles now carry its systems, with more than 110 production models delivered and over 230 designated in total. The company delivered its latest 100,000 units in just 36 days. Momenta has also begun developing L3 technology, targeting mass production by 2027."Guided by our mission 'Better AI, Better Life,' we remain committed to a data-driven approach and building a world-class world model platform," said Momenta CEO Cao Xudong. "Using the world model as a unified foundation across pre-training, simulation, and reinforcement learning, we enable autonomous driving to deeply perceive the physical world and gradually outperform human drivers. This capability has expanded from mass production scenarios to scalable unmanned operations like Robovan and Robotaxi, and is now rapidly moving into overseas markets, solidifying our global leadership."Image source: MomentaWorld models have emerged as the next major growth frontier following large language models. In the first half, R&D spending accounted for 73% of revenue, with 79% of employees in R&D roles. That high-quality investment is accelerating model iteration. In March, Momenta released its R7 world model, kicking off the "Prologue of Physical AI."L4 and overseas operations have become new growth engines, opening up a trillion-yuan robotic market. Momenta's Robovan business is operational in Suzhou's Xiangcheng district, partnering with major logistics firms like China Post, JD.com, SF Express, and the "Three Tong One Da" carriers. It covers scenarios ranging from express transfer and night delivery to fresh food, FMCG, community group buying, and hardware, achieving all-weather, efficient unmanned transport.Momenta will launch Robotaxi operations in Shanghai and Abu Dhabi within the year. Notably, it secured an unmanned driving license for Shanghai’s Pudong district in just eight months, setting a new industry record. In July, the company obtained a permit from Germany’s Federal Motor Transport Authority to conduct L4 autonomous driving tests on urban roads nationwide — the first time a Chinese company has received this qualification.To date, Momenta has deployed tests in cities including Shanghai, Suzhou, Wuxi, Shenzhen, Abu Dhabi, and Munich, with plans to reach more than 10 cities globally by year-end. Its Robotaxi unit has partnered with global mobility platforms like Uber, Grab, Lumo, and SAIC Mobility, steadily expanding its worldwide ecosystem.Leveraging its world model platform, Momenta is the first in the industry to successfully execute a positive growth flywheel of "data-computing-model-business," continuously deepening its dual moats in technology and commerce.