One-sentence summary
CXMT Q3 2026 revenue was about RMB 118.714B up 613.18% YoY, attributable net profit about RMB 54.435B turning profitable, and it unveiled that its 6th-gen 4F2 vertical-channel DRAM platform has passed engineering sample verification.
Event Overview
On the evening of October 30, 2026, CXMT held its Q3 2026 earnings call, reporting results under tight memory supply and lean manufacturing, and disclosing its 6th-gen DRAM process progress.
Key Information
- Q3 revenue about RMB 118.714B, up 613.18% YoY; attributable net profit about RMB 54.435B, turning profitable and up about 3.01% QoQ.
- H1 2026 DDR revenue RMB 69.472B (46.22% share), LPDDR revenue RMB 78.191B (52.02% share); DDR share kept rising in the first three quarters.
- Two controlled subsidiaries, CXMT Xinqiao and CXMT Jidian, posted over 50% QoQ revenue and profit growth.
- The company said its 6th-gen process platform, based on a 4F2 vertical-channel DRAM architecture, has passed engineering sample verification.
- Management said it has negotiated long-term supply agreements with multiple head customers and expects Q4 gross margin to remain stable.
Official Sources
- Guancha (QQ News): November 1 hard-tech brief