Robo.ai reports more than $280 million in midyear revenue

Robo.ai reported revenue of more than US$280 million for June through September and outlined plans to improve operating efficiency, develop its AI business and expand industrial capabilities in the UAE. The Nasdaq-listed company also said its shares would begin trading on a split-adjusted basis on November 6.
- Revenue exceeded US$280 million for June through September.
- Robo.ai's full-year 2026 revenue outlook is approximately US$600 million.
- Neurovia AI will showcase solutions at GITEX Global from December 7 to 11.
- ALIF Holding broke ground on Phase I of its Umm Al Quwain industrial park on September 25.
- Robo.ai does not intend to enter new equity-linked, variable-price financing arrangements for a period following the letter.
Revenue growth and 2026 outlook
Chief Executive Officer Benjamin Zhai shared the update in a letter to shareholders released by Robo.ai on November 6. He said the company had focused at midyear on scaling the business quickly, with the results now reflected in its revenue.
Robo.ai said revenue exceeded US$280 million for June through September. The company announced a full-year 2026 revenue outlook of approximately US$600 million in October. Robo.ai described this scale as a foundation for its next stage and linked it to its ambition to strengthen its position as a sovereign AI and technology platform in the UAE and the broader Gulf region.
The revenue outlook is preliminary and subject to change, according to the company. Robo.ai also stated that revenue alone does not establish profitability or positive operating cash flow.
Neurovia AI and ALIF Holding take defined roles
Robo.ai said high AI chip and storage costs are creating pressure as public safety, transportation, energy and municipal services produce large volumes of visual data. Its AI data processing company, Neurovia AI, is designed to make visual data more efficient to transmit, store and use, according to the shareholder letter.
Neurovia AI is scheduled to showcase its latest solutions at GITEX Global in Dubai from December 7 to 11. The company said the subsidiary will next advance product development and commercialization.
Robo.ai's industrial group, ALIF Holding, is building local manufacturing and systems integration capabilities in the UAE. Ground was broken on Phase I of its Umm Al Quwain industrial park on September 25. The proposed ALIF Maritec oil spill response system concept and ALIF Composites project have defined the park's product focus. Robo.ai said ALIF Holding will accelerate production readiness and customer development.
Capital policy shifts toward operating progress
For its existing operations, Robo.ai said it will focus on delivery costs, cash collection and operating efficiency. It plans to deploy capital in step with business progress, prioritize critical areas and tie spending to operating plans.
Robo.ai also said that, based on its current operating position and funding arrangements, it does not intend to enter new equity-linked, variable-price financing arrangements for a period following the date of the letter. These are arrangements in which the issuance or conversion price is tied to the future market price of its shares. The company said it will continue to honor its obligations and retain its rights under previously disclosed agreements.
For users and investors, the letter sets out a strategy centered on commercializing Neurovia AI, preparing ALIF Holding's industrial projects and managing capital cautiously. Zhai said, "From here, our quarterly results will speak for us." The company also identified risks including financing conditions, customer demand, technology commercialization, project approvals and its ability to generate profits and positive cash flow.
PR Newswire: Robo.ai CEO Issues Letter to Shareholders

