Anker Innovations has reported impressive growth in both its annual and quarterly performance, with double-digit increases across the board. On the evening of April 28, 2025, the company released its 2024 annual report and 2025 first quarter report.
The annual report shows that Anker achieved a total revenue of 24.71 billion yuan in 2024, marking a year-on-year growth of 41.14%. The net profit attributable to shareholders reached 2.114 billion yuan, which is a 30.93% increase compared to the previous year. The company’s research and development investment amounted to 2.108 billion yuan, reflecting a significant increase of 49.13%, demonstrating its commitment to technological innovation and long-term vision.
In addition, the 2025 first quarter report reveals that Anker’s revenue hit 5.993 billion yuan, up 36.91% from the same period last year, while the net profit attributable to shareholders rose by 59.57% to 496 million yuan, indicating the company’s robust growth momentum.
Multi-Category Strategy Drives Growth
As a global leader in smart hardware technology, Anker Innovations has made strides in three key areas: charging and energy storage, smart innovations, and smart audio and video. The company is leveraging innovative products to propel its business growth.
In the charging and energy storage sector, the Anker Prime series of charging products features fast charging capabilities exceeding one hundred watts and precise smart power management, catering to the fast-charging needs of users worldwide. In the energy storage field, its consumer-grade renewable energy brand Anker SOLIX launched the Solarbank 2 E1600 Pro balcony energy storage product, which incorporates an industry-first integrated design, allowing for photovoltaic input of up to 2400W, thus providing users with intelligent and efficient green energy solutions. The company’s energy storage business generated 3.020 billion yuan in revenue for 2024, a remarkable 184% increase.
In the realm of smart innovations, Anker is making significant advancements in smart security and cleaning, resulting in a diverse product matrix. Its brand eufy launched the FamiLock S3 Max palm vein smart lock, utilizing palm vein recognition technology for a fast, contactless unlocking experience. Additionally, eufy introduced the X10 Pro Omni robot vacuum cleaner, enhancing its sweeping, mopping, and suction capabilities for superior cleaning performance.
In the smart audio and video sector, soundcore, Anker’s audio brand, released the Sleep A20 sleep headphones, featuring patented dual-layer ear caps and exclusive snore reduction audio for an unparalleled side-sleeping experience and high-quality sleep restoration. The smart office hardware brand AnkerWork also launched the S600 conference speaker, the world’s first conference speaker integrated with voiceprint recognition noise cancellation technology, effectively supporting efficient work environments.
Record Investment in R&D and Technological Advancements
The achievements in multi-category innovative products can be attributed to Anker’s significant investment in research and development. In 2024, the company’s R&D spending reached a historic high with a year-on-year growth of 49.13%. The R&D team has expanded to 2,672 members, representing 53% of the total workforce, thus providing a solid foundation for technological breakthroughs and product innovations tailored to specific scenarios. As of December 2024, the total number of patents authorized reached 2,237, including 250 invention patents.
Looking ahead, Anker is set to accelerate the strategic development of emerging fields such as energy storage, robotics, and large models, strengthening its foundation for diversified growth. The company will continue to increase its R&D investments, actively positioning itself in cutting-edge technologies like AI platforms for robotics and world models for robots, enhancing product innovation and user experience.
Global Strategy and Market Expansion
Anker Innovations has expanded its business to 146 countries and regions, serving over 200 million users. In 2024, the company continued to accelerate its global expansion, with growth rates exceeding 30% in major markets such as Europe, North America, Japan, and potential markets like mainland China. This growth further validates the recognition and competitiveness of Anker’s products and brand on a global scale.
Looking to the future, Anker Innovations is committed to its mission of “Extreme Innovation, Inspiring Possibilities,” continually expanding and deepening its product layout, technological development, and brand influence in global markets. The company aims to become a beloved brand among global consumers through a rich variety of innovative products and exceptional user experiences.
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