360 Security Technology (601360) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 2,010.91 million, up 7.90% year-over-year from RMB 1,863.75 million.

• Net profit attributable to shareholders was RMB 109.27 million, reversing a net loss of RMB 273.17 million in Q1 2025.

• Basic and diluted EPS were both RMB 0.02, compared to RMB -0.04 in the prior year.

Financial highlights

• Operating profit for Q1 2026 was RMB 167.29 million, compared to a loss of RMB 228.80 million in Q1 2025.

• Net cash flow from operating activities improved to an outflow of RMB 63.63 million, versus an outflow of RMB 479.77 million year-over-year.

• Total assets at March 31, 2026 were RMB 37,526.51 million, nearly flat from year-end 2025.

• Shareholders’ equity was RMB 29,199.79 million, down 0.65% from year-end 2025.

• Non-recurring profit and loss items contributed RMB 19.74 million to net profit.

Outlook and guidance

• Net profit growth attributed to increased revenue and lower selling expenses.