Zepp Health has one or two Amazfit launches left in 2026. CFO Leon Deng told the company's second-quarter earnings call that Zepp is "almost done with new product launches for the year", and put what is left at "1 or 2" products.
One of them is likely the T-Rex Dual Solar. Gadgets & Wearables found the full product name sitting inside the Zepp companion app, next to a solar software package covering charging records, solar intensity readings and a Solar Boost Mode, and regulatory filings have linked model number A2570 to the same device. No launch date has been given.
Amazfit spent this year filling in its range rather than extending it. Active, Bip, Cheetah, Balance, T-Rex and Helio all picked up new models across several price points, which leaves very little of the lineup untouched. Anyone holding off on a purchase to see what else arrives has most of the answer already.
The share of revenue left after manufacturing costs improved from 36.2% to 37.4%, because buyers keep choosing the pricier models.
Buying the watches that already exist has been the harder part. Zepp pointed to supply constraints on Balance 3, Helio Strap and Bip as a drag on both the quarter and its outlook for the next one. Balance 3 has been difficult to manufacture. Helio Strap demand ran ahead of what the company could make, and Zepp expects availability to improve over the current quarter and return to full supply by the last three months of the year.
Revenue rose 6.9% to $63.5 million while the operating loss widened from $4.9 million to $11.1 million.
The money went on getting all that hardware in front of people. Selling and marketing costs rose to $18.2 million from $12 million a year earlier, spent on launch campaigns, online retail fees and athlete sponsorships, and the net loss reached $11.3 million against $7.7 million. The share of revenue left after manufacturing costs improved from 36.2% to 37.4%, because buyers keep choosing the pricier models. Around half of recently activated T-Rex watches are the higher-end versions, and the same pattern shows up in the Active family.
Zepp guided the current quarter to revenue of $68 million to $73 million, down roughly 4% to 10% on a strong comparison a year ago, and still expects the full year to grow.