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Unitree's IPO Shows Humanoid Robots Earn Money — Barely
Key Takeaways
- Unitree filed for a $610M IPO after posting $248M in 2025 revenue, 674% net profit growth, and 32.4% global humanoid market share
- But 50-70% of enterprise humanoid revenue comes from reception and tour-guide bots — not demanding industrial work
- As a proven hardware manufacturer shipping 5,500+ units with 96% sell-through, Unitree has credibility most Western humanoid startups lack
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DT Editorial Team··via therobotreport.com