FOURTH PARADIGM (06682) announced that for the first three quarters of 2025, the company benefited from the rising enterprise demand for AI transformation, achieving robust accelerated growth. Total revenue reached RMB4.402 billion, up 36.8% year-over-year (YoY), significantly surpassing last year's growth rate. Gross profit stood at RMB1.621 billion, a 20.1% YoY increase, with improved growth momentum compared to the same period last year. The gross margin remained stable at 36.8%.

During this period, the company achieved high-speed business expansion while optimizing cost structures, marking its first quarterly profitability. The core product line, the Prophet AI Platform, experienced explosive growth, generating RMB3.692 billion in revenue, up 70.1% YoY, driving secondary acceleration in overall performance. According to IDC reports, FOURTH PARADIGM has maintained its position as China's market leader in machine learning platforms for seven consecutive years.

The strong growth of the Prophet AI Platform is attributed to the company's long-term commitment to developing and refining full-stack AI technologies and functional modules. R&D expenses for the period totaled RMB1.489 billion, up 8.4% YoY, while the R&D expense ratio declined by 8.9 percentage points to 33.8%, reflecting significantly improved efficiency in R&D investment.

As enterprises increasingly prioritize actionable AI applications that deliver tangible business value, the company has captured substantial new opportunities, expanding its client base across key industries such as energy, manufacturing, finance, and retail. The number of benchmark customers grew by five YoY to 103, with average revenue per benchmark customer surging 71.4% YoY to RMB25.49 million.