Ambow Education H1 revenue up 2.0%; Q2 revenue down 14.3%, Q2 net loss $0.1 million
Ambow Education Holding reported unaudited results for the six months and three months ended June 30, 2026. First-half net revenues rose 2.0% to $5.2 million, but second-quarter revenue fell 14.3% and the company posted a net loss of $0.1 million, compared with net income of $1.8 million a year earlier, which included a one-time $1.5 million lease settlement gain.
Key points
- Q2 2026 net revenues fell 14.3% to $2.4 million from $2.8 million, mainly due to lower HybriU licensing and sales.
- Q2 2026 gross margin was 50.0%, compared with 53.6% a year earlier, and operating expenses rose 27.3% to $1.4 million.
- First-half 2026 net income was $0.3 million, or $0.10 per ADS, versus $1.9 million, or $0.66 per ADS, in the first half of 2025.
- Cash resources were $7.2 million as of June 30, 2026, and working capital was positive at $5.5 million.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.