/PRNewswire/ –Hikvision has published its financial results for the full year of 2025 and the first quarter of 2026, demonstrating consistent growth and improvement in operational quality.
Hikvision releases 2025 full-year and 2026 first-quarter financial results
For fiscal 2025, the company reported total revenue of RMB 92.51 billion ($12.95 billion[1]), which represents a year-on-year increase of 0.01%. Net profit was RMB 14.2 billion ($1.99 billion), up 18.52% from the previous year. As a sign of its strong cash flow, the company announced a planned total cash dividend of RMB 10.54 billion ($1.48 billion) by 2025, representing a payout ratio of 74.25%.
The company maintained strong momentum at the start of 2026. In the first quarter, total revenue reached RMB 20.72 billion ($2.9 billion), up 11.78% year-on-year, while net profit grew 36.42% year-on-year to RMB 2.78 billion ($390 million). It is worth noting that the gross profit margin in the first quarter improved by 4.16 percentage points, reaching 49.09%.
IAoT strategy drives global growth
After two decades of leadership in the sector, Hikvision has consolidated its presence in the field of IAoT. This strategic evolution is yielding tangible results, as demonstrated by its sustained growth in 2025 and strong start to 2026.
Over the past year, the company’s core revenue from international markets amounted to RMB 27.22 billion ($3.81 billion), accounting for 29.42% of total revenue. Emerging markets, in particular, recorded sustained and robust growth.
In addition to its video offering, Hikvision’s non-video categories such as access control, alarm systems and commercial displays experienced rapid growth and were a major revenue driver. Furthermore, this innovative business remained highly competitive, generating RMB 25.45 billion ($3.56 billion) in revenue and contributing 27.51% to total revenue.
Development of large-scale AI models
Hikvision actively drives AIoT technologies, with its Guanlan large-scale AI models that integrate vision, language and multimodal capabilities into products, significantly improving accuracy and efficiency in complex environments. For example, applying large-scale audio models in equipment quality inspection increases the detection rate of defective components by 70%.
Building on its core capabilities, Hikvision has successfully implemented industry-specific models in various sectors, including smart manufacturing, logistics and environmental protection.
Constant commitment to R&D and innovation
Technological innovation continues to be the driving force behind Hikvision’s development. In 2025, the company invested RMB 11.75 billion ($1.65 billion) in R&D, accounting for 12.70% of its total revenue. In the last six years, the accumulated investment in R&D has exceeded 8,000 million dollars, systematically allocating more than 10% of its annual income to this purpose.
This sustained investment has strengthened the company’s intellectual property portfolio. By the end of 2025, Hikvision had accumulated 12,981 authorized patents worldwide, of which 57% corresponded to invention patents.
Looking to the future
As we celebrate our 25th anniversary this year, Hikvision maintains its founding commitment to doing things right and staying on the right path. Looking ahead, 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 view Hikvision’s 2025 Annual Report, please visit here.
[1]US dollar amounts converted at the 2025 average exchange rate of $1 = 7.1429 RMB (CFETS)
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