Shareholders&#39; Equity Swings to US$95.8 Million from a US$116.1 Million DeficitDUBAI, UAE, Aug. 24, 2026 /PRNewswire/ -- Robo.ai Inc. (NASDAQ:AIIO) (&#34;Robo.ai&#34; or the &#34;Company&#34;), a UAE-based

<p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml">Shareholders&#39; Equity Swings to US$95.8 Million from a US$116.1 Million Deficit</i></p><p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">DUBAI, UAE</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">Aug. 24, 2026</span> /PRNewswire/ -- Robo.ai Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/AIIO">AIIO</a>) (&#34;Robo.ai&#34; or the &#34;Company&#34;), a UAE-based Nasdaq-listed company, today announced its unaudited financial results for the six months ended June 30, 2026.</p>
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<p xmlns="http://www.w3.org/1999/xhtml">The Company views the first half of 2026 as a structural reset and the beginning of its next phase of development. The disposal of its legacy ICONIQ business and the completion of two acquisitions divested the majority of its legacy liabilities, returned shareholders&#39; equity to positive territory, and established a foundation of technology and operating assets for future growth.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;The first half of 2026 put Robo.ai on a new footing, and we made meaningful progress across our key priorities,&#34; said Benjamin Zhai, Chief Executive Officer of Robo.ai. &#34;Alongside these transactions, we advanced the localization of our operations in the United Arab Emirates, reorganized our business structure around the acquired assets, and clarified our commercial model and development priorities. We are now focusing on integrating the acquired businesses and realizing their commercial potential. We believe that these efforts position Robo.ai to capture emerging opportunities as these industries continue to develop.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml" class="prntal"><b xmlns="http://www.w3.org/1999/xhtml">First Half 2026 Highlights</b></p><ul xmlns="http://www.w3.org/1999/xhtml" type="disc"><li xmlns="http://www.w3.org/1999/xhtml">Net revenue was US$55.1 million, compared with US$0.6 million for the same period of 2025. The increase was primarily attributable to the acquisition of QC Capital completed on June 15, 2026, whose operational management and delivery services contributed US$54.4 million from the acquisition date to period end.</li><li xmlns="http://www.w3.org/1999/xhtml">Gross profit was US$0.2 million, compared with a loss of US$0.4 million for the same period of 2025.</li><li xmlns="http://www.w3.org/1999/xhtml">Net income attributable to Robo.ai&#39;s shareholders was US$46.7 million, predominantly driven by income from discontinued operations, compared with a net loss attributable to Robo.ai&#39;s shareholders of US$2.2 million for the same period of 2025.</li><li xmlns="http://www.w3.org/1999/xhtml">Basic and diluted income per ordinary share attributable to shareholders was US$0.81, compared with a loss per ordinary share of US$0.15 for the same period of 2025.</li><li xmlns="http://www.w3.org/1999/xhtml">Convertible notes decreased to US$3.0 million as of June 30, 2026 from US$11.1 million as of December 31, 2025, with US$13.6 million of convertible notes settled through issuance of ordinary shares instead of cash during the period.</li><li xmlns="http://www.w3.org/1999/xhtml">Total shareholders&#39; equity as of June 30, 2026 was US$95.8 million, compared with a shareholders&#39; deficit of US$116.1 million as of December 31, 2025.</li><li xmlns="http://www.w3.org/1999/xhtml">Cash and cash equivalents were US$2.1 million as of June 30, 2026, compared with US$4.0 million as of December 31, 2025. Net cash used in operating activities was US$2.6 million, while financing activities provided net cash inflows of US$4.8 million.</li><li xmlns="http://www.w3.org/1999/xhtml">Acquisition of Strategic Assets. In May, 2026, the Company acquired 100% of Neurovia AI Limited, an AI-powered data processing and compression technologies company for use in public security, transportation, finance, smart agriculture, and other industries. In June 2026, the Company acquired 100% of QC Capital, an operating business with an established workforce, operational processes and technology, which contributed US$54.4 million in net revenue from the acquisition date through June 30, 2026.</li></ul><p xmlns="http://www.w3.org/1999/xhtml" class="prntal"><b xmlns="http://www.w3.org/1999/xhtml">About Robo.ai Inc.</b></p><p xmlns="http://www.w3.org/1999/xhtml">Robo.ai Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/AIIO">AIIO</a>), headquartered in <span xmlns="http://www.w3.org/1999/xhtml">Dubai</span>, United Arab Emirates, is a Nasdaq-listed technology group building intelligent infrastructure across four platforms: artificial intelligence; robotics and smart mobility; advanced manufacturing; and digital assets and capital. Its industrial group, Alif Holding, is dedicated to building intelligent industries through the development, integration and manufacturing of AI systems, serving government, public sector and mission-critical domains. Through its subsidiary Neurovia AI, the Company develops AI software and visual data infrastructure. Quantum Core Capital (&#34;QC Capital&#34;), its AI-powered deep-tech holding and venture-building platform, incubates, invests in and operates businesses across artificial intelligence, robotics, digital infrastructure and the next-generation digital economy.</p><p xmlns="http://www.w3.org/1999/xhtml" class="prntal"><b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">This press release contains statements that may constitute &#34;forward-looking&#34; statements pursuant to the &#34;safe harbor&#34; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as &#34;will,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;aims,&#34; &#34;future,&#34; &#34;intends,&#34; &#34;plans,&#34; &#34;believes,&#34; &#34;estimates,&#34; &#34;targets,&#34; &#34;likely to,&#34; &#34;challenges,&#34; and similar statements. Robo.ai may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the &#34;SEC&#34;), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Robo.ai&#39;s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Robo.ai&#39;s strategies, future business development, and financial condition and results of operations; Robo.ai&#39;s limited operating history in its current business; Robo.ai&#39;s ability to generate positive cash flow and profits; Robo.ai&#39;s ability to compete successfully; Robo.ai&#39;s ability to build its brand and withstand negative publicity; and changes in customer demand and government incentives, subsidies, or other favorable government policies. Further information regarding these and other risks is included in Robo.ai&#39;s filings with the SEC. All information provided in this press release is as of the date of this press release, and Robo.ai does not undertake any obligation to update any forward-looking statement, except as required under applicable law.</p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=CN32019&amp;sd=2026-08-24"></img> View original content to download multimedia:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/roboai-inc-reports-first-half-2026-financial-results-302858139.html" target="_blank">https://www.prnewswire.com/news-releases/roboai-inc-reports-first-half-2026-financial-results-302858139.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Robo.ai Inc.</p>

AIIO

Robo.ai Inc. Reports First Half 2026 Financial Results

Robo.ai H1 2026 Results Show Positive Equity Shift and Acquisition-Driven Revenue

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Shareholders&amp;#39; Equity Swings to US$95.8 Million from a US$116.1 Million DeficitDUBAI, UAE, Aug. 24, 2026 /PRNewswire/ -- Robo.ai Inc. (NASDAQ:AIIO) (&amp;#34;Robo.ai&amp;#34; or the &amp;#34;Company&amp;#34;), a UAE-based</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Robo.ai reported a structural reset in H1 2026, with equity swinging to a positive $95.8M after disposing the ICONIQ legacy business and closing two acquisitions. Net revenue rose to $55.1M, led by QC Capital’s contribution of $54.4M since June 15, 2026, and net income reached $46.7M driven largely by discontinued operations. The company is integrating Neurovia AI and QC Capital while pursuing UAE localization and a clarified commercialization strategy, setting up potential growth milestones in the balance of 2026 and 2027.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Net revenue for H1 2026: $55.1M, up from $0.6M one year earlier, driven by QC Capital.</li><li>Shareholders&#039; equity turns positive at $95.8M as of June 30, 2026 (vs. $116.1M deficit 12/31/2025).</li><li>Net income $46.7M; EPS $0.81, vs. prior-year loss of $0.15 EPS.</li><li>Acquisitions: QC Capital added $54.4M revenue; Neurovia AI Limited acquired in May 2026.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Robo.ai Inc. (AIIO)</strong>: Reported H1 2026 results; structural reset and integration of acquisitions; primary driver of headline metrics.</li><li><strong>QC Capital (N/A)</strong>: Acquired June 15, 2026; contributed US$54.4M in net revenue from acquisition date to June 30, 2026; strategic growth asset.</li><li><strong>Neurovia AI Limited (N/A)</strong>: Acquired May 2026; provides AI-powered data processing/visual data infrastructure; integration expected to enhance offerings.</li><li><strong>ICONIQ (N/A)</strong>: Legacy business disposed; reduction of liabilities supports the structural reset.</li></ul>
  </section>

  <section data-block="category">
    <h3>Earnings</h3>
    <p>Category: Earnings. The press release centers on H1 2026 earnings and strategic reorganizations (acquisitions, asset disposals, and localization). The positive equity trajectory and revenue uplift hinge on integration execution; investors should monitor cash flow, working capital, and profit durability as integration progresses.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Equity swing to positive $95.8M as of 6/30/2026, reversing prior deficits.</li><li>Revenue surge to $55.1M in H1 2026 due to QC Capital acquisition.</li><li>NPAT and EPS improve on discontinued operations; cash burn remains a watchpoint.</li><li>Convertible notes decline to $3.0M, with $13.6M settled to equity.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Net revenue of US$55.1 million for the six months ended June 30, 2026, up from US$0.6 million for the prior-year period.</li><li>Gross profit of US$0.2 million versus a US$0.4 million loss in the prior-year period.</li><li>Net income attributable to Robo.ai shareholders of US$46.7 million versus a US$2.2 million loss in the prior year.</li><li>Shareholders&#039; equity of US$95.8 million as of June 30, 2026, versus a US$116.1 million deficit at December 31, 2025.</li><li>Convertible notes decreased to US$3.0 million as of June 30, 2026, from US$11.1 million; US$13.6 million settled via ordinary shares.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Positive H1 reset and asset integrations could unlock upside within 6–12 months if cash flow and execution improve.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml">Shareholders&#39; Equity Swings to US$95.8 Million from a US$116.1 Million Deficit</i></p><p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">DUBAI, UAE</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">Aug. 24, 2026</span> /PRNewswire/ -- Robo.ai Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/AIIO">AIIO</a>) (&#34;Robo.ai&#34; or the &#34;Company&#34;), a UAE-based Nasdaq-listed company, today announced its unaudited financial results for the six months ended June 30, 2026.</p>
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                <p xmlns="http://www.w3.org/1999/xhtml">
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<p xmlns="http://www.w3.org/1999/xhtml">The Company views the first half of 2026 as a structural reset and the beginning of its next phase of development. The disposal of its legacy ICONIQ business and the completion of two acquisitions divested the majority of its legacy liabilities, returned shareholders&#39; equity to positive territory, and established a foundation of technology and operating assets for future growth.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;The first half of 2026 put Robo.ai on a new footing, and we made meaningful progress across our key priorities,&#34; said Benjamin Zhai, Chief Executive Officer of Robo.ai. &#34;Alongside these transactions, we advanced the localization of our operations in the United Arab Emirates, reorganized our business structure around the acquired assets, and clarified our commercial model and development priorities. We are now focusing on integrating the acquired businesses and realizing their commercial potential. We believe that these efforts position Robo.ai to capture emerging opportunities as these industries continue to develop.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml" class="prntal"><b xmlns="http://www.w3.org/1999/xhtml">First Half 2026 Highlights</b></p><ul xmlns="http://www.w3.org/1999/xhtml" type="disc"><li xmlns="http://www.w3.org/1999/xhtml">Net revenue was US$55.1 million, compared with US$0.6 million for the same period of 2025. The increase was primarily attributable to the acquisition of QC Capital completed on June 15, 2026, whose operational management and delivery services contributed US$54.4 million from the acquisition date to period end.</li><li xmlns="http://www.w3.org/1999/xhtml">Gross profit was US$0.2 million, compared with a loss of US$0.4 million for the same period of 2025.</li><li xmlns="http://www.w3.org/1999/xhtml">Net income attributable to Robo.ai&#39;s shareholders was US$46.7 million, predominantly driven by income from discontinued operations, compared with a net loss attributable to Robo.ai&#39;s shareholders of US$2.2 million for the same period of 2025.</li><li xmlns="http://www.w3.org/1999/xhtml">Basic and diluted income per ordinary share attributable to shareholders was US$0.81, compared with a loss per ordinary share of US$0.15 for the same period of 2025.</li><li xmlns="http://www.w3.org/1999/xhtml">Convertible notes decreased to US$3.0 million as of June 30, 2026 from US$11.1 million as of December 31, 2025, with US$13.6 million of convertible notes settled through issuance of ordinary shares instead of cash during the period.</li><li xmlns="http://www.w3.org/1999/xhtml">Total shareholders&#39; equity as of June 30, 2026 was US$95.8 million, compared with a shareholders&#39; deficit of US$116.1 million as of December 31, 2025.</li><li xmlns="http://www.w3.org/1999/xhtml">Cash and cash equivalents were US$2.1 million as of June 30, 2026, compared with US$4.0 million as of December 31, 2025. Net cash used in operating activities was US$2.6 million, while financing activities provided net cash inflows of US$4.8 million.</li><li xmlns="http://www.w3.org/1999/xhtml">Acquisition of Strategic Assets. In May, 2026, the Company acquired 100% of Neurovia AI Limited, an AI-powered data processing and compression technologies company for use in public security, transportation, finance, smart agriculture, and other industries. In June 2026, the Company acquired 100% of QC Capital, an operating business with an established workforce, operational processes and technology, which contributed US$54.4 million in net revenue from the acquisition date through June 30, 2026.</li></ul><p xmlns="http://www.w3.org/1999/xhtml" class="prntal"><b xmlns="http://www.w3.org/1999/xhtml">About Robo.ai Inc.</b></p><p xmlns="http://www.w3.org/1999/xhtml">Robo.ai Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/AIIO">AIIO</a>), headquartered in <span xmlns="http://www.w3.org/1999/xhtml">Dubai</span>, United Arab Emirates, is a Nasdaq-listed technology group building intelligent infrastructure across four platforms: artificial intelligence; robotics and smart mobility; advanced manufacturing; and digital assets and capital. Its industrial group, Alif Holding, is dedicated to building intelligent industries through the development, integration and manufacturing of AI systems, serving government, public sector and mission-critical domains. Through its subsidiary Neurovia AI, the Company develops AI software and visual data infrastructure. Quantum Core Capital (&#34;QC Capital&#34;), its AI-powered deep-tech holding and venture-building platform, incubates, invests in and operates businesses across artificial intelligence, robotics, digital infrastructure and the next-generation digital economy.</p><p xmlns="http://www.w3.org/1999/xhtml" class="prntal"><b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">This press release contains statements that may constitute &#34;forward-looking&#34; statements pursuant to the &#34;safe harbor&#34; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as &#34;will,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;aims,&#34; &#34;future,&#34; &#34;intends,&#34; &#34;plans,&#34; &#34;believes,&#34; &#34;estimates,&#34; &#34;targets,&#34; &#34;likely to,&#34; &#34;challenges,&#34; and similar statements. Robo.ai may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the &#34;SEC&#34;), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Robo.ai&#39;s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Robo.ai&#39;s strategies, future business development, and financial condition and results of operations; Robo.ai&#39;s limited operating history in its current business; Robo.ai&#39;s ability to generate positive cash flow and profits; Robo.ai&#39;s ability to compete successfully; Robo.ai&#39;s ability to build its brand and withstand negative publicity; and changes in customer demand and government incentives, subsidies, or other favorable government policies. Further information regarding these and other risks is included in Robo.ai&#39;s filings with the SEC. All information provided in this press release is as of the date of this press release, and Robo.ai does not undertake any obligation to update any forward-looking statement, except as required under applicable law.</p>



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Robo.ai reported a structural reset in H1 2026, with equity swinging to a positive $95.8M after disposing the ICONIQ legacy business and closing two acquisitions. Net revenue rose to $55.1M, led by QC Capital’s contribution of $54.4M since June 15, 2026, and net income reached $46.7M driven largely by discontinued operations. The company is integrating Neurovia AI and QC Capital while pursuing UAE localization and a clarified commercialization strategy, setting up potential growth milestones in the balance of 2026 and 2027.

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Robo.ai Inc. Reports First Half 2026 Financial Results

AI summary

Sentiment rationale

Key facts

Earnings