Insta360 parent company sees drastic net income drop despite revenue growth
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Arashi Vision Inc., the Chinese imaging company behind Insta360, reported strong revenue growth for the first half of 2026, but that expansion did not translate into higher profits. For the six months ended June 30, Arashi Vision reported sales of CNY 5.52 billion (about $775 million), up from CNY 3.67 billion in the same period a year earlier. That represents year-over-year growth of approximately 50.3%, underscoring the continued expansion of the company’s panoramic, action and other smart-imaging products. Net income, however, fell to CNY 30.41 million from CNY 519.76 million in the first half of 2025, a decline of approximately 94%.