Geely Q3 Performance Hits New High, Core Profit Grows 32%

October 29, Geely Automobile (0175.HK) released its Q3 2026 financial report. The report shows that the company's revenue and core net profit attributable to shareholders have both reached historic highs, with operating quality continuing to improve.

In Q3 2026, Geely achieved revenue of 99 billion yuan, up 10% year-over-year; core net profit attributable to shareholders was 5.21 billion yuan, up 32% year-over-year. Cumulative revenue from January to September was 272.6 billion yuan, up 13% year-over-year; core net profit attributable to shareholders was 14.9 billion yuan, up 41% year-over-year.

In terms of sales, Geely's cumulative sales from January to September reached 2.235 million units, up 3% year-over-year, also breaking historical records. Domestic market share reached 11.1%, with market shares for fuel vehicles and new energy vehicles rising in tandem. The overseas business accelerated significantly; exports from January to September were 798,000 units, skyrocketing 169% year-over-year. Among them, new energy exports were 484,000 units, up 531% year-over-year, ranking first among independent brand exports in multiple countries including Sweden, Malaysia, and Mexico.

Multi-brand matrix working in synergy. Zeekr sales from January to September reached 288,000 units, doubling year-over-year, with multiple high-end models taking the top spot in their sub-segments; Lynk & Co targets the mid-to-high-end market, with new energy share rising to 71%; Geely Galaxy solidified its position in the mainstream new energy first tier, sales from January to September were 877,000 units; Geely China Star fuel vehicles ranked first in sales among independent brand fuel and fuel-hybrid models for ten consecutive years.

On the technology front, Geely relies on full-domain AI for continuous iteration. Geely Smart Charge next-generation AI energy replenishment technology and Xingrui PowerMind energy brain have been deployed. The deployment of the Qianli Haohan G-ASD intelligent driving system exceeded one million units, and City NOA officially launched in Paris.

It is understood that in the fourth quarter, Geely will continue to launch multiple new models. Xingyue L PLUS, Galaxy M8, Lynk & Co 900L and other models will appear successively. Zeekr will deploy the full-stack 900V high-voltage architecture, gathering strength to sprint towards the annual sales target.