iFlytek stock holds ground as AI revenue grows double digits
Published on 07/21/2026 at 20:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
iFlytek stock mirrors a business that is leaning heavily into artificial intelligence, with 2024 financials showing a clear recovery in revenue and profit compared with the previous year according to the companys latest annual report.
Revenue tops CNY 20 billion in 2024
According to the iFlytek Co., Ltd. 2024 annual report available on the companys investor relations pages, the group generated revenue of roughly CNY 21 billion in fiscal 2024, up from about CNY 19 billion in 2023, marking growth in the low double digits year on year.
The same filing shows that net profit attributable to shareholders turned clearly positive again in 2024, reaching around CNY 1.1 billion after a weaker performance in 2023 that was impacted by heavy investment in research and development and the early build-out of large language model infrastructure.
AI and education drive growth momentum
The 2024 report breaks down iFlyteks business by segment and highlights that revenue from AI-powered education and related solutions contributed a significant share of group sales, supported by roll-outs of smart classroom and learning devices across multiple provinces in China.
Management also points to rapid customer adoption of its large language model products for enterprise and consumer use, with active users and contract wins in sectors such as government services, finance, and automotive contributing to the uplift in 2024 revenue compared with 2023.
More background on iFlytek
Additional company presentations, reports, and governance information for iFlytek are available on the investor relations pages and in regulatory filings.
iFlytek AI products and ecosystem
iFlytek has built its business around intelligent speech and language technologies, providing AI engines and platforms that power voice recognition, translation, and conversational interfaces across a wide range of devices and services.
The company has expanded from its original speech-recognition roots into a broader ecosystem that includes AI education hardware, smart office devices, in-car voice assistants, and cloud-based APIs that third-party developers can integrate into their own applications.
iFlytek stock and market context
iFlytek stock is listed on the Shenzhen Stock Exchange under the ISIN CNE1000028D2, giving investors direct exposure to Chinas AI and voice-technology sector via the mainland A-share market.
iFlytek at a glance
- Company: iFlytek Co., Ltd.
- ISIN: CNE1000028D2
- Trading venue: Shenzhen Stock Exchange
- Sector / Industry: Information Technology / Software and Services
- Index membership: CSI indices and other mainland China benchmarks that include AI and technology constituents
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