Foxconn Industrial Internet stock reports 95.99 percent profit growth
Published on 09/30/2026 at 15:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Foxconn Industrial Internet (ISIN CNE1000031P3) reported a 95.99 percent year-over-year increase in first-half 2026 net profit attributable to shareholders, reaching CNY 23.740 billion. According to Futubull on August 12, 2026, revenue increased 54.63 percent year over year to CNY 557.861 billion.
AI servers drive first half
The second quarter supplied the strongest earnings signal. Net profit attributable to shareholders reached CNY 13.146 billion, up 91.00 percent from the prior-year quarter and 24.10 percent from the first quarter.
Revenue in the second quarter stood at CNY 306.783 billion, compared with CNY 251.078 billion in the first quarter. The quarterly figures show that profit growth accelerated alongside the company's expanding AI hardware business.
Cloud revenue climbs 75.70 percent
Cloud computing revenue increased 75.70 percent in the first half of 2026, while AI server revenue for cloud service providers surged 230.00 percent, according to Futubull in its September 20, 2026 report. GPU-based AI rack shipments rose 320.00 percent and ASIC-based AI rack shipments increased 300.00 percent during the same period.
Capital allocation added a second company-specific catalyst. MarketScreener reported that the company completed its buyback on September 19, 2026, repurchasing 15,833,353 shares for CNY 1.0 billion. The shares represented 0.08 percent of the company's share capital.
Shanghai quote stays below yearly high
Foxconn Industrial Internet was quoted at CNY 58.20 on the Shanghai Stock Exchange on September 30, 2026 at 3:00 p.m. local time, compared with CNY 58.42 at the prior close. Its market capitalization stood at CNY 1.2 trillion, while the 52-week range ran from CNY 47.35 to CNY 84.95.
The price sits CNY 26.75 below the 52-week high, leaving the earnings acceleration and AI exposure as the central valuation reference for the stock. The company combines communication equipment, cloud infrastructure, precision tools and industrial robotics in its operating portfolio.
Foxconn Industrial Internet key facts
- Company: Foxconn Industrial Internet Co., Ltd.
- ISIN: CNE1000031P3
- Ticker: 601138
- Primary exchange: Shanghai Stock Exchange
- Market capitalization: CNY 1.2 trillion (as of September 30, 2026)
- 52-week range: CNY 47.35-84.95 (as of September 30, 2026)
- Sector / Industry: Technology / Communication Equipment
