Planet Image International Ltd (YIBO) Form 6-K — Sep 16, 2026
Planet Image International furnished its Form 6-K on September 16, 2026 reporting unaudited results for the six months ended June 30, 2026: net revenue fell 7.0% to US$69.3 million from US$74.5 million, as U.S. tariffs drove a 43.7% drop in offline dealer sales and the December 2025 disposal of the online business, while ODM sales surged 68.8% to US$46.8 million. Net loss narrowed sharply to US$1.0 million (US$(0.02) per share) from US$8.0 million (US$(0.15)) a year earlier, but the improvement was mostly optics — the prior period carried US$8.6 million of one-time share-based compensation, and total operating expenses fell 37.0%.
Key figures
- Revenue
- 69276000
- Total Debt
- 32663000
- Revenue Yoy
- -7.0%
- Cash Position
- 24529000
- Shares Outstanding
- 59234221
- Us Market Revenue
- $28.2 million (40.7% of revenue, vs $42.5 million / 57.0% prior year)
- Loan To Third Party
- 7200000
- Odm Revenue Growth
- +68.8% to $46.8 million
- Prior Year Revenue
- 74508000
- Gross Margin H1 2025
- 32.2%
- Gross Margin H1 2026
- 28.3%
- Dealer Revenue Change
- -43.7% to $22.2 million
- Online Revenue Change
- -96.2% to $0.3 million (online business disposed December 2025)
- Subsequent Bank Loan1
- $5.872 million at 3.00%, maturing July 14, 2027
- Subsequent Bank Loan2
- $4.404 million at 3.00%, maturing July 31, 2027
- Cash And Restricted Cash
- 24823000
- Restricted Net Assets PRC
- 19605000
- Total Operating Expenses
- -37.0% to $21.8 million
- Cash Held In Mainland China
- 14857000
- Total Shareholders Equity
- 57590000
- Borrowings Due Within1 Year
- 24149000
- Share Based Comp Prior Period
- 8645000
- Prior Period Cash And Restricted Cash
- 52862000
AI analysis
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