Insta360, the Chinese rival of GoPro, recorded a 90 per cent jump in third-quarter revenue from a year earlier, as China’s leading maker of 360-degree and action cameras prepares to square off against drone giant DJI by the end of 2025.
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Shenzhen-based Insta360 said its revenue in the September quarter grew 92.64 per cent to 2.94 billion yuan (US$413 million), according to the company’s filing to the Shanghai Stock Exchange on Monday.
Net income for the period shrank 15.9 per cent to 271.9 million yuan, which Insta360 attributed to “substantial investments in chip customisation and other strategic projects”. Excluding those investments, the company said profit last quarter had improved from a year ago.
Still, the firm’s total sales for the first nine months of 2025 increased 67.18 per cent year on year to 6.61 billion yuan.
Insta360’s strong third-quarter sales results reflected investors’ confidence in the company, following its June trading debut on Shanghai’s Nasdaq-style Star Market, when its stock surged 285 per cent after raising 1.9 billion yuan in the city’s largest initial public offering in 17 months.
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Founded in 2015, Insta360 formally trades as Arashi Vision on the Star Market. Its shares closed down 4.63 per cent to 288.80 yuan on Tuesday.
