Beijing Fourth Paradigm Technology Co., Ltd. (Stock Code: 6682) released its unaudited financial and operational performance for the third quarter ended September 30, 2025. The announcement highlights a total revenue of RMB4,402.0 million for the first three quarters of 2025, representing a year-on-year increase of 36.8%, and the achievement of its first quarterly profit.
According to the announcement, the core 4ParadigmSage AI Platform reported revenue of RMB3,692.0 million, up 70.1% year on year and accounting for 83.9% of total revenue. Gross profit reached RMB1,621.0 million, reflecting a 20.1% rise compared to the same period last year, while gross profit margin stood at 36.8%.
During the reporting period, the entity continued investments in domestic computing power, including a stake of over 9% in Sunrise and a strategic investment in Iluvatar CoreX through a fund. ModelHub XC and EngineX were introduced to enhance efficient collaboration across domestic computing power and large models, targeting performance pathways between hardware and upper-layer models. A “Virtual VRAM” expansion card was also announced, aiming to expand single-card video memory to 256GB without hardware replacement.
The SHIFT Intelligent Solutions segment recorded RMB602.0 million in revenue, a 12.5% decrease year on year. The 4ParadigmSageGPT AIGS Services reported revenue of RMB108.0 million, influenced by business expansion schedules. According to management accounts, R&D expenses totaled RMB1,489.0 million, an 8.4% year-on-year increase. The R&D expense ratio declined to 33.8%, indicating enhanced output efficiency.
Throughout the announcement, an emphasis was placed on emerging areas such as AI+Energy Storage, intelligent retail, stablecoin asset management applications, and AI-powered sports solutions. The board of directors reminded investors that all data in the announcement is derived from the Group’s management accounts and has not been audited or reviewed by external auditors. Shareholders and potential investors are advised to exercise caution when dealing in the securities of the company.