# Leaderdrive's first three quarters revenue up 45%, humanoid reducer orders reach 400,000 units

- Source: 人形大讲堂 · 微信公众号
- Published: 2026-11-03T10:00:00.000Z
- RoboHot: https://robohot.news/en/items/khfar1bd4tpefv8vrril80lpq
- Original: https://mp.weixin.qq.com/s?__biz=MzkzMjY2Mzc5MA==&mid=2247496515&idx=1&sn=5e8f9be1cf4c22bac7357d81ea89d3ea&chksm=c31cdf1f26356014c1713f04c5d1c720f25db2c5d1071e11b4bc99997f9821d002d388991a59&scene=126&sessionid=1793716209#rd

## Summary

Leaderdrive's revenue for the first three quarters of 2026 was 591 million yuan, up 45.30% year on year, with net profit attributable to shareholders of 122 million yuan, up 30.33% year on year; humanoid-related reducer orders rose from about 100,000 units the previous year to 400,000 units. The company's annual harmonic reducer capacity has reached 1 million units, with a year-end target of 1.5 million units, but its gross margin in the first half was 32.26%, down 2.51 percentage points year on year, as new production line debugging and small-batch production of multiple models are weighing on profitability. The article also compares the catch-up pace of domestic manufacturers such as Zhongda Leader, HuanDong Technology, and Laifu Harmonic.

## Why it matters

Across orders, capacity, gross margin, and domestic competition, readers can see the real operating constraints during the ramp-up phase for humanoid reducers.