Horizon Revenue Surges 57.7% in 2025 as Mid-to-High-End ADAS Chip Shipments Soar Nearly Fivefold

On March 19, Horizon Robotics released its 2025 financial results: full-year revenue reached RMB 3.76 billion, up 57.7% year-over-year; gross profit totaled RMB 2.43 billion, with a stable gross margin of 64.5%; and cash reserves exceeded RMB 20 billion. The company shipped over 4 million units of its chip solutions, including 1.8 million mid-to-high-end solutions supporting highway/urban NOA—nearly a fivefold increase year-over-year, accounting for 45% of total shipments and contributing over 80% of product revenue. Average revenue per vehicle rose by more than 75%, reflecting strong growth in both volume and price. Horizon’s SuperDrive (HSD) solution has been selected by 10 automakers for more than 20 vehicle models, enabling advanced driver-assistance systems (ADAS) to reach vehicles priced between RMB 70,000 and RMB 100,000. Horizon holds a 47.7% market share in China’s domestic-brand ADAS segment, with its Journey 6 series capturing 44% of the mainstream market. The company is also accelerating its global expansion, supporting over 40 vehicle models exported to markets across five continents. Horizon’s two core business segments are achieving balanced revenue contributions, and its next-generation Journey 7 chip and Riemann BPU architecture are poised for launch, reinforcing its leadership in the intelligent driving sector.