Overview
Zepp Health Q3 revenue grew 78.5% yr/yr, driven by new product launches
The fitness wearables supplier achieved adjusted operating income breakeven, marking milestone towards profitability
Zepp Health's cash position strengthened in the quarter, with cash balance increasing to $102.6 mln
Outlook
Zepp Health expects Q4 2025 revenue between $82 mln and $86 mln
Company anticipates cash balance growth in Q4 2025
Zepp Health's forecast reflects continued profitability improvement and favorable product mix
Result Drivers
NEW PRODUCT LAUNCHES - Revenue growth driven by new products, especially Amazfit T-Rex 3 Pro
GROSS MARGIN IMPROVEMENT - Improved product mix and new launches boosted gross margin
SUPPLY CONSTRAINTS AND TYPHOON - Sales impacted by supply issues and end-of-quarter typhoon
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Gross Margin
38.2%
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the phones & handheld devices peer group is "buy"
Wall Street's median 12-month price target for Zepp Health Corp is $59.76, about 38% above its November 4 closing price of $37.07
Press Release: ID:nPnccjZCka
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)