Insta360 parent company Arashi Vision reports 94% profit decline despite 43% revenue growth
Arashi Vision Inc., the Chinese parent company behind the Insta360 brand, reported sharply higher revenue but significantly lower profitability for the nine months ended Sept. 30, 2026. The results highlight the growing costs of competing in the action-camera and 360-degree imaging markets, as well as greater R&D expenses. The company attributed profitability pressure to rising memory component costs, increased research...
Read More