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VIOT

Viomi Technology Co., Ltd

VIOT

Viomi Technology Co., Ltd • NASDAQ
$2.49 ▼ -3.86% (-0.10)
Market Cap $170.07 M
52w High $4.33
52w Low $1.21
Dividend Yield 0.07%
P/E 6.38
Volume 190.38K
Outstanding Shares 68.30M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $738.809M $136.153M $60.197M 8.148% $0.9 $66.668M
Q1-2025 $738.809M ▲ $136.153M ▲ $60.197M ▲ 8.148% ▲ $0.9 ▲ $66.668M ▲
Q2-2024 $520.079M $135.733M $2.991M 0.575% $0.044 $9.529M
Q1-2024 $520.079M ▼ $135.733M ▼ $2.991M ▲ 0.575% ▲ $0.044 ▲ $9.529M ▲
Q4-2023 $594.497M $166.919M $-14.874M -2.502% $-0.22 $-9.255M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $1.194B $2.942B $1.376B $1.561B
Q1-2025 $1.194B ▼ $2.942B ▲ $1.376B ▲ $1.561B ▲
Q4-2024 $1.214B $2.586B $1.136B $1.444B
Q3-2024 $1.214B ▲ $2.586B ▼ $1.136B ▼ $1.444B ▲
Q2-2024 $944.316M $2.76B $1.391B $1.372B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $60.197M $0 $0 $0 $0 $0
Q1-2025 $60.197M ▲ $0 $0 $0 $0 $0
Q2-2024 $2.991M $0 $0 $0 $0 $0
Q1-2024 $2.991M ▲ $0 $0 $0 $0 $0
Q4-2023 $-14.874M $0 $0 $0 $0 $0

Five-Year Company Overview

Income Statement

Income Statement Revenue has shrunk meaningfully over the past few years as the company scaled back its broader smart‑home ambitions, but profitability has improved. After two years of losses, Viomi has returned to modest profits, with operating and net results back in positive territory. This suggests the restructuring and focus on water solutions are helping margins, even though the business is now smaller than during its earlier growth phase. The history here is one of volatility: sharp swings from profit to loss and back again, which signals execution risk and sensitivity to demand and cost control.

Balance Sheet

Balance Sheet The balance sheet looks reasonably solid for a company that has just gone through a strategic reset. Debt remains low relative to the overall size of the business, and equity has stayed fairly steady, indicating no major erosion of the company’s capital base. Cash on hand has improved compared with the recent past, giving Viomi a better liquidity cushion. At the same time, total assets have edged down, which is consistent with a leaner, more focused business after divesting non‑core operations.

Cash Flow

Cash Flow Cash generation has been inconsistent. In earlier years the company produced healthy operating cash flow, but during the loss‑making period cash flow from operations turned negative and free cash flow followed. More recently, cash from operations has hovered around break‑even, with only modest investment needs. This points to a business that is not yet consistently self‑funding but is moving in that direction. The key question is whether the new, focused water‑purification model can turn recent accounting profits into durable, positive cash flow.

Competitive Edge

Competitive Edge Viomi has deliberately narrowed its scope from a broad smart‑home ecosystem to a more specialized position in home water solutions. In that niche it has some meaningful advantages: a very large patent portfolio in water purification, a high‑capacity “gigafactory” for purifiers and filters, and an “equipment plus consumables” model that can support recurring revenue from filter replacements. However, it operates in a fiercely competitive environment, facing both domestic appliance brands and global players, as well as tech‑oriented companies like Xiaomi. Its brand is known but not dominant, so execution on partnerships, channel expansion, and international growth will be key to defending and enlarging its market share.

Innovation and R&D

Innovation and R&D Innovation is a clear focal point. Viomi’s strategy centers on “AI for Better Water,” combining filtration hardware with software that monitors water quality, predicts filter life, and enhances ease of use. The company has amassed a large number of patents tied specifically to water technologies, including mineral‑retaining and mineral‑adding filtration systems that differentiate its products from standard reverse‑osmosis devices. The gigafactory and emphasis on AI algorithms show sustained R&D commitment. The upside is a strong technology story; the risk is that competitors can narrow the gap or that customers prove less willing to pay for advanced features than anticipated, especially in more price‑sensitive markets.

Summary

Viomi today is a smaller but more focused company than it was a few years ago. It has moved from a broad smart‑home vision to a concentrated bet on water purification and home water systems, and early results from this pivot show improved profitability and reported strong growth in the latest half‑year period. The balance sheet is relatively conservative and liquidity has improved, although long‑term success will depend on turning this new focus into steady, positive cash flow. The competitive landscape is intense, but Viomi’s patent depth, AI‑driven product features, and large‑scale manufacturing offer real strengths. Key things to watch include: the durability of revenue growth in water solutions, stability of profit margins, consistency of cash generation, and the company’s ability to gain traction in overseas markets while defending its position at home.

NEWS

October 30, 2025 · 8:35 AM UTC

Viomi Technology Co., Ltd to Present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on November 4, 2025

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October 24, 2025 · 5:00 AM UTC

Viomi Technology Co., Ltd Announces Release of First Half 2025 Financial Results on November 10, 2025 and US$20 Million Share Repurchase Plan

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October 20, 2025 · 9:00 AM UTC

Viomi Technology Co., Ltd Appoints Malaysian Pop Star Shila Amzah as Brand Ambassador and Announces New AI Water Purifier Launch in Malaysia

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October 12, 2025 · 8:03 PM UTC

Viomi Launches New Brand Campaign and U.S. Debut of AI Water Purifier MASTER Series M1

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October 5, 2025 · 10:02 AM UTC

Viomi Celebrates 7th Nasdaq Anniversary with New Brand Campaign and U.S. Launch of AI Alkaline Mineral Water Purifier, MASTER M1

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