Aurora Mobile JG Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Tue, May 26, 2026 astatine 8:59 AM CDT 19 min read

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Date

Tuesday, May 26, 2026 astatine 7:30 a.m. ET

Call participants

• Chairman and Chief Executive Officer — Weidong Luo

• Chief Financial Officer — Shan-Nen Bong

• Investor Relations — Christian Arnell

Full Conference Call Transcript

Weidong Luo: Thanks, Christian. Hi, everyone. Welcome to Aurora Mobile's 2026 First Quarter Earnings Call. Before I remark connected our Q1 results, I would similar to punctual everyone that we person uploaded the quarterly net platform connected our IR website. You whitethorn notation to the platform arsenic we proceed with the telephone today. As we've done successful the past, the elemental statement that I would springiness to the archetypal 4th of 2026 is simply a bully outpouring brings a bully year. Within this archetypal 4th of 2026, our achievements are arsenic follows: Firstly, successful this quarter, the radical recorded gross of RMB 93.3 million, representing a coagulated 5% year-over-year growth. Secondly, our planetary flagship product, EngageLab continues to shine.

The EngageLab ARR for March 2026 surged to a grounds precocious of $11.7 million, representing 172% year-over-year growth. Thirdly, gross nett grew by 13% year-over-year. Gross borderline improved by 490 ground points betwixt the year. Along the way, we delivered the 4th consecutive 4th of U.S. GAAP nett profit. Trust you would hold with me, the Q1 that we person delivered was so a reasonably bully acceptable of financials, and this is simply a large mode to footwear disconnected a brand-new 2026 fiscal year. Let maine present stock much connected the concern aspects. Q1 of each twelvemonth is ever the pugnacious 4th for majority, if not each of businesses.

Just to share, wrong the archetypal 4th of the year, we person the shorter period of February, coupled with the agelong Chinese New Year holidays, concern activities thin to beryllium slower astatine this clip of the year. Despite the slower 4th of the year, we worked harder and smarter and managed to propulsion done with comparative fantabulous results. Our full Q1 radical gross reached RMB 93.3 million, representing a coagulated 5% year-over-year growth. In this quarter, Developer Services recorded large 15% gross maturation year-over-year, but vertical applications gross dipped 19% year-over-year. Developer services revenues, which consists of subscription work and value-added services delivered beardown show with 15% maturation year-over-year but decreased 6% quarter-over-quarter.

Our halfway business, developer subscription services delivered different 4th of fantabulous gross fig of RMB 64.9 million, representing maturation of 21% year-over-year and 5% quarter-over-quarter. The year-over-year gross maturation was chiefly driven by increases successful some lawsuit fig and ARPU. In this quarter, subscription gross recorded its highest level successful past yet astatine RMB 64.9 million, surpassing the RMB 61.9 cardinal precocious level successful Q4 of 2025. Now let's determination connected to the update connected our planetary flagship product, Engage Labs. As we person seen successful the past 12 to 18 months, Engage Labs is present the indisputable superior operator of gross maturation for Aurora Mobile. and it is connected large acceleration path.