{"id":1005359,"date":"2026-09-23T10:18:09","date_gmt":"2026-09-23T14:18:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/huhutech-reports-8-6-revenue-growth-for-first-half-of-2026-with-new-u-s-germany-and-singapore-operations-contributing-3-7-million\/"},"modified":"2026-09-23T10:18:09","modified_gmt":"2026-09-23T14:18:09","slug":"huhutech-reports-8-6-revenue-growth-for-first-half-of-2026-with-new-u-s-germany-and-singapore-operations-contributing-3-7-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/huhutech-reports-8-6-revenue-growth-for-first-half-of-2026-with-new-u-s-germany-and-singapore-operations-contributing-3-7-million\/","title":{"rendered":"HUHUTECH Reports 8.6% Revenue Growth for First Half of 2026, with New U.S., Germany, and Singapore Operations Contributing $3.7 Million"},"content":{"rendered":"

\nThree markets opened within the past 18 months accounted for 34.6% of total revenue; average system integration contract value doubled to $86,719
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WUXI, China, Sept. 23, 2026 (GLOBE NEWSWIRE) — HUHUTECH International Group Inc. (Nasdaq: HUHU) (\u201cHUHUTECH\u201d or the \u201cCompany\u201d), a system integration provider that designs and implements integrated facility management systems and industrial automation monitoring systems for the optoelectronic, semiconductor, telecom, and logistics industries, today reported financial results for the six months ended June 30, 2026. Total revenues increased 8.6% to $10.67 million from $9.82 million in the prior-year period. Operations in the United States, Germany, and Singapore, none of which generated revenue in the first half of 2025, contributed $3.69 million, or 34.6% of total revenue.<\/p>\n

The period was the first full reporting half in which HUHUTECH recognized revenue from five countries. Revenue from the PRC grew 29.4% to $4.97 million. That growth, combined with the $3.69 million contributed by the three newest markets, offset a planned contraction in Japan, where revenue declined to $2.01 million from $5.98 million. The Company completed 104 system integration projects during the half, compared with 220 a year earlier, while the average contract price rose to $86,719 from $42,727, reflecting a shift toward fewer, substantially larger engagements.<\/p>\n

Net loss for the half was $16.65 million, or $0.68 per basic and diluted share, compared with a net loss of $8.73 million, or $0.38 per share, a year earlier. Non-cash share-based compensation of $13.87 million and a $2.03 million provision for credit losses together accounted for $15.90 million of the reported loss. Excluding those two items, adjusted net loss was $0.75 million for the first half of 2026. See \u201cNon-GAAP Financial Measure\u201d below.<\/p>\n

Yujun Xiao, Chief Executive Officer of HUHUTECH, commented:<\/p>\n

\n \u201cEighteen months ago, every dollar of our revenue came from two countries. This half, five countries contributed, and our three newest markets delivered $3.69 million while still in their initial roll-out phase. We accepted a lower Japan revenue to fund that build-out, and we are now running larger contracts \u2014 the average system integration project we completed in the first half was roughly twice the size of a year ago. The expansion carries real cost, and it shows in our operating expenses. It also puts our engineering teams alongside customers in the regions where new semiconductor and optoelectronic capacity is actually being added.\u201d<\/em>\n <\/p>\n

\n First Half 2026 Financial Highlights<\/strong>
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\n (Six months ended June 30, 2026, compared with six months ended June 30, 2025)<\/em>\n <\/p>\n