Youlife Group Inc. Reports Strong First Half 2026 Revenue Growth and Expands AI-Enabled Blue-Collar Workforce Platform

Yunlei Wang, Founder, chief executive officer and chairman of Youlife

“The first half of 2026 marked an important phase in Youlife's evolution from a primarily organic-growth business into a broader, technology-enabled blue-collar workforce platform.”

Yunlei Wang, Founder, chief executive officer and chairman of Youlife

“Revenue increased 114.8% year over year to RMB1.96 billion, supported by continued growth from enterprise customers and the rapid expansion of our employee management services business.”

Yunlei Wang, Founder, chief executive officer and chairman of Youlife

“The completion of YouheHR acquisition strengthened our nationwide service network and delivery capabilities, while our three-year nationwide outsourcing agreement with a leading domestic new-retail group provides an additional platform for recurring employee management services growth.”

Yunlei Wang, Founder, chief executive officer and chairman of Youlife

“At the same time, our partnerships in automotive services, vocational education and international talent development are expanding the industries, geographies and customer relationships we can serve.”

Yunlei Wang, Founder, chief executive officer and chairman of Youlife

“We are also accelerating the technology and ecosystem investments that we believe can support the next phase of growth.”

Yunlei Wang, Founder, chief executive officer and chairman of Youlife

“Our long-term strategic cooperation with Thingo Technology is focused on developing AI-enabled recruitment and intelligent agent solutions, with the objective of improving job matching, workforce delivery and workforce management.”

Yunlei Wang, Founder, chief executive officer and chairman of Youlife

“Our vocational education partnerships, including the Dazhou Technician College cooperation and the Ji'an industry-education integration initiative, are designed to strengthen our talent pipeline while creating new application scenarios for AI, robotics and intelligent manufacturing.”

Yunlei Wang, Founder, chief executive officer and chairman of Youlife

“Together with our Sealand joint venture and our cooperation with VCI Global to explore a robotics-enabled workforce-as-a-service platform, these initiatives broaden our addressable market and reinforce our strategy of building an integrated blue-collar talent ecosystem.”

Yunlei Wang, Founder, chief executive officer and chairman of Youlife

“We remain focused on disciplined execution, selective partnerships and acquisitions, and the use of technology to improve operating efficiency and create sustainable long-term value for shareholders,”

Haijun Zhang, Acting chief financial officer of Youlife

“We delivered substantial top-line growth in the first half of 2026, with revenue increasing 114.8% year over year to RMB1,961.9 million (US$288.1 million), primarily driven by a 122.3% increase in employee management services revenue.”

Haijun Zhang, Acting chief financial officer of Youlife

“Gross profit increased 31.7% to RMB169.2 million (US$24.8 million), while gross margin was 8.6%, compared with 14.1% in the prior-year period.”

Haijun Zhang, Acting chief financial officer of Youlife

“The change in gross margin primarily reflects the greater contribution of employee management services following the acquisition of YouheHR, which operates at a lower gross margin than certain of our other businesses.”

Haijun Zhang, Acting chief financial officer of Youlife

“We also increased investment in sales and marketing, integration and research and development as we scaled the platform and expanded our technology capabilities.”

Haijun Zhang, Acting chief financial officer of Youlife

“Net profit remained positive at RMB30.3 million (US$4.5 million), and cash and cash equivalents were RMB130.0 million (US$19.1 million) as of June 30, 2026.”

Haijun Zhang, Acting chief financial officer of Youlife

“Going forward, we will maintain capital discipline while focusing on integration, operating efficiency, gross-margin improvement and selective investment in businesses and technologies that can support sustainable growth.”