Hikvision Q1 revenue rises 11.8%

Hikvision reported Q1 2026 revenue of RMB 20.7 billion, up 11.8% YoY, as the company implemented multiple price hikes. Net profit reached RMB 2.8 billion with a 15.7% margin. Despite the growth, the company continues to face pressure in its domestic core business and reduced its total headcount in 2025.