MetaX, one of China’s most closely watched domestic GPU developers, remains loss-making despite rapid revenue growth. According to Sina, 2025 revenue reached CNY1.64 billion (US$230 million), up 121.26% year-over-year, while net loss narrowed to CNY781 million. First-quarter 2026 revenue is expected to be CNY400-600 million, with losses of CNY90.8 million to CNY182 million.