YXT.COM Group (NASDAQ:YXT) reported first-half 2026 revenue growth, wider gross margins and a sharply narrower net loss as the company expanded its AI-enabled corporate learning and sales productivity offerings.
Founder and Chairman Peter Lu said enterprise customers have increasingly shifted their focus from whether products include artificial intelligence features to whether AI can improve business outcomes, accelerate capability development and support execution. He said the company’s strategy centers on using AI to turn organizational knowledge and individual experience into “intelligent productivity.”
Revenue Returns to Growth
Chief Financial Officer Shen Cao said total revenue increased 6% year over year to RMB162.1 million. Revenue from corporate learning solutions rose to RMB158.2 million from RMB152.4 million in the prior-year period, while subscription-based corporate learning solutions totaled RMB151.8 million.
The company had 2,391 subscription customers as of June 30, up from 2,358 a year earlier. Its net revenue retention rate was 102.6%, compared with 103% in the same period of 2025.
Lu said the company’s AI integration within its existing corporate learning business contributed to stronger customer acquisition and expansion. Newly signed customers increased by nearly 50% year over year, while management said net dollar retention improved by about 2.3 percentage points.
Margins Improve as Losses Narrow
Gross margin expanded to 70.1% from 65.1% a year earlier. Cao attributed the five-percentage-point increase to a higher-quality revenue mix, a focus on large-enterprise subscription customers, AI-enabled productivity gains and ongoing cost optimization.
Cost of revenue declined 9.1% year over year to RMB48.5 million. Sales and marketing expense fell 3%, which Cao said reflected improved productivity in customer acquisition, conversion and retention. Research and development expense increased 9.8% as YXT.COM continued to invest in AI product capabilities and research talent.
Net loss narrowed to RMB14.4 million from RMB73.9 million in the first half of 2025. Adjusted net loss declined 80.9% year over year to RMB12.2 million.
During the question-and-answer session, Cao said the company expects gross margin in the second half of 2026 to be higher than the 70.1% reported in the first half. Vice President Alan Wang added that management expects further margin improvement over time as its AI transformation continues to generate operational-efficiency and business benefits.
Product-Line Updates
Wang said TalentNova, the company’s corporate learning platform business, signed more than 120 clients during the first half, an increase of more than 48% from the prior-year period. He said AI integration into the company’s corporate learning solutions and platforms helped strengthen its competitive position.
NeoLearning signed RMB32.7 million in contract value, up about 26.8% year over year. Wang said much of that increase came from AI-related offerings, including AI-augmented blended learning, AI-orchestrated practice and AI-curated courses.
SalesSmart, YXT.COM’s AI-native sales enablement and productivity product, added more than 20 clients and signed more than RMB5.3 million in contract value. Lu separately said SalesSmart generated more than RMB5 million in sales during the period, describing it as the company’s first step in expanding from corporate learning into productivity enablement within the sales domain.
YXT.COM also changed the positioning of AI BOX. Rather than marketing it as a standalone business line, Wang said the company has integrated AI BOX capabilities into its TalentNova and NeoLearning product suites. The company provided AI BOX as part of its TalentNova service for clients seeking AI infrastructure.
Strategic Priorities
Looking ahead, Cao said YXT.COM plans to focus on three priorities:
- Deepening its focus on large-enterprise customers and improving customer lifetime value.
- Scaling AI-related products, including SalesSmart and AI-enabled knowledge and productivity solutions.
- Balancing AI innovation investments with cost discipline and operational efficiency.
Lu said YXT.COM has also adopted AI more systematically in its own product development, customer delivery and marketing operations. He said the effects of that internal transformation are reflected in the company’s gross margin, operating efficiency and cash flow.
About YXT.COM Group (NASDAQ:YXT)
YXT.COM Group Holding Limited, through its subsidiaries, provides digital corporate learning solution in the People’s Republic of China. The company offers corporate learning platform, personalized e-learning system, teaching tools, and online courses, as well as offline courses and courseware recording service. It also engages in the technology development; and sale of Software-as-a-Service and content. YXT.COM Group Holding Limited was formerly known as Unicentury Group Holding Limited and changed its name to YXT.COM Group Holding Limited in May 2021.
