/PRNewswire/ — Hikvision published its financial results for the full year 2025 and the first quarter of 2026, demonstrating stable growth and operational improvement.
Hikvision releases 2025 full-year and 2026 first-quarter financial results
In fiscal year 2025, the company recorded total revenues of RMB 92.51 billion ($12.95 billion[1]), which means a year-on-year increase of 0.01%. Net profit was RMB 14.20 billion (USD 1.99 billion), showing an increase of 18.52% year-on-year. Due to its solid cash flow, the company announced planned total cash dividends for 2025 of RMB 10.54 billion (USD 1.48 billion), representing a payout ratio of 74.25%.
The company maintained strong momentum heading into 2026. In the first quarter, total revenues reached RMB 20.72 billion (US$2.90 billion), up 11.78% year-on-year, while net profit increased by 36.42% year-on-year to RMB 2.78 billion (US$0.39 billion). It is worth noting that the gross profit margin in the first quarter improved by 4.16 percentage points, reaching 49.09%.
AIoT strategy drives global growth
Building on two decades of industry leadership, Hikvision has strengthened its presence in the AIoT space. This strategic evolution is bringing tangible results, as confirmed by stable growth in 2025 and a strong start in 2026.
Over the past year, revenues from core operations in overseas markets increased to RMB 27.22 billion (USD 3.81 billion), accounting for 29.42% of total revenues. In particular, emerging markets experienced sustained and dynamic growth.
In addition to video solutions, Hikvision’s other business segments, including access control systems, alarm systems and commercial displays, experienced rapid growth and were a significant driver of revenue growth. Additionally, innovation activities remained highly competitive, generating revenues of RMB 25.45 billion (USD 3.56 billion) and accounting for 27.51% of total revenues.
Development of large-scale artificial intelligence models
Hikvision is actively developing AIoT technologies, and its large-scale Guanlan artificial intelligence models combine the capabilities of computer vision, language and multimodal processing in products, significantly improving accuracy and efficiency in complex environments. For example, the use of large-scale audio models in device quality control increases the detection of defective components by 70%.
Based on its core competencies, Hikvision has successfully implemented industry models in various sectors, including smart manufacturing, logistics and environmental protection.
Continued commitment to research and development and innovation
Technological innovation remains the driving force behind Hikvision’s development. In 2025, the company invested RMB 11.75 billion (USD 1.65 billion) in research and development, accounting for 12.70% of its total revenue. Over the last six years, total R&D expenditures have exceeded USD 8 billion, with over 10% of revenues allocated to this purpose each year.
This consistent investing has strengthened the company’s intellectual property portfolio. By the end of 2025, Hikvision had accumulated 12,981 granted patents worldwide, of which 57% were invention patents.
Future prospects
In the year in which Hikvision celebrates its 25th anniversary, the company remains faithful to the values that accompanied its founding, focusing on the right actions and following the right path. Going forward, Hikvision will focus on high-quality growth, continuous innovation and operational efficiency to deliver lasting value to its customers, partners and stakeholders around the world.
To read Hikvision’s 2025 Annual Report, please go here.
[1] USD amounts converted at the average exchange rate from 2025: 1 USD = 7.1429 RMB (CFETS)
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