Fortune, together with Boston Consulting Group (BCG), has released the 2026 Fortune Future 120 (a list of the 120 companies with the greatest future growth potential worldwide). UBTech took 11th place globally with a total score of 115, making it the highest-ranked Chinese company on this year's list.
The list focuses on companies' endogenous growth vitality, evaluating them across three dimensions—growth ambition, talent density, and growth culture—to select the 120 companies with the strongest long-term growth capability from more than 3,500 companies worldwide. US tech giants NVIDIA (16th), OpenAI (18th), Apple (55th), Tesla (87th), and Meta (120th) made the list. A total of 11 Chinese companies were selected, with the following rankings:
Deeply rooted in embodied AI and humanoid robotics, UBTech has delivered an impressive growth record. In the first half of 2026, the company's total revenue reached RMB 1.27 billion, up 104.2% year over year; overall humanoid robot sales rose 268.3% year over year. Among them, full-size embodied AI humanoid robots grew rapidly, with revenue up 1,445% and sales up 1,946.7% year over year. Frost & Sullivan's latest humanoid robot research report shows that UBTech ranks first globally in market share in both core categories: all humanoid robots and full-size embodied AI humanoid robots.
Humanoid robotics is a hardcore, multidisciplinary field. UBTech has built four core technology clusters: the embodied brain, the humanoid cerebellum, high-performance hardware platforms, and swarm intelligence. As of the first half of 2026, its R&D team numbered 1,103 people, with 3,112 granted patents. R&D spending exceeded RMB 300 million in the first half of the year and is expected to reach RMB 700 million for the full year. All core embodied AI technologies are developed and iterated in-house.
In 2026, UBTech officially entered a new phase of advancing three major scenarios simultaneously: industrial, commercial, and home consumer. It continues to refine and optimize its humanoid robot products in real-world scenarios, while working with upstream and downstream partners to jointly build industrial chains for core components such as servo actuators, dexterous hands, and embodied AI edge chips, as well as a scenario application ecosystem, and has led the development of multiple national and industry standards, laying a solid foundation for industrialization. In September, UBTech's ten-thousand-unit-scale humanoid robot smart factory successfully began production, achieving an end-to-end pipeline from technology R&D to large-scale mass production and delivery.
Successfully making the Fortune 2026 Future 120 list is an affirmation by an international authoritative institution of UBTech's technology layout, talent reserves, and long-term growth capability. Going forward, UBTech will continue to polish its core technologies, expand into more real-world application scenarios, and keep exploring the limitless possibilities of the embodied AI humanoid robot industry.
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