Revenue and shipments show a real business. They do not yet show how much demand comes from repeatable industrial work.
Unitree is no longer a pre-revenue humanoid maker. The Robot Report says the Chinese robotics company generated 1.70 billion yuan ($252 million) in 2025 revenue, up from 392.77 million yuan in 2024. That total includes humanoids, quadrupeds, and components—not humanoids alone.
Humanoids accounted for 868 million yuan, or 51.78% of 2025 revenue, while Unitree shipped more than 5,500 humanoids during the year, according to The Robot Report. The publication says Unitree offers its G1 humanoid for $13,500. Unitree also projected first-half 2026 revenue of 1.052 billion to 1.128 billion yuan, representing roughly 36% to 45% year-over-year growth.
The commercial scale is clear; the quality and repeatability of that business are less so. The Robot Report, citing the Wall Street Journal, said less than 10% of Unitree’s 2025 revenue came from industrial applications. More than 40% of total revenue came from overseas markets. Those figures do not show how many shipped humanoids entered recurring customer workflows, what customers paid on average, or whether the products were profitable.
The market’s reaction has been sharp. Unitree shares closed at 513.93 yuan on Wednesday, about 39% below their 845-yuan first-day close and 53% below their 1,100-yuan first-day high, The Robot Report said. The next useful measure is customer-level operating data: how many robots repeat the same paid task, at what margin, and how often those customers reorder.