Portsmouth Square Inc's Corporate Customers have recorded an advance in their cost of revenue by 3.89 % in the 3 quarter 2026 year on year, sequentially costs of revenue grew by 15.1 %. During the corresponding time, Portsmouth Square Inc recorded a revenue increase by 35.11 % year on year, sequentially revenue grew by 30.3 %. While revenue at the Portsmouth Square Inc 's corporate clients recorded rose by 13 % year on year, sequentially revenue fell by -7.53 %.
Portsmouth Square Inc's Customers have recorded an advance in their cost of revenue by 3.89 % in the 3 quarter 2026 year on year, sequentially costs of revenue grew by 15.1 %, for the same period Portsmouth Square Inc recorded revenue increase by 35.11 % year on year, sequentially revenue grew by 30.3 %.
Portsmouth Square Inc's Comment on Sales, Marketing and Customers
The company primarily serves Xiaomi's ecosystem users, with sales to Xiaomi representing 74.7%, 78.9%, and 82.7% of net revenues in 2022, 2023, and 2024, respectively. It offers a range of home water solutions, including tankless large-flux water purifiers, ERO electrodialysis and mineralization filter technologies, and integrated functions such as instant heating, cooling, and ice-making. Its products address various home scenarios from kitchen to whole-house applications, focusing on cleaner and healthier drinking water. Notable products include the Viomi Kunlun Mineral AI Water Purifier introduced in March 2024, which features AI-powered mineralizing filter technology, and the Vortex series of under-the-sink RO water purifiers launched in North America, designed for ease of installation and efficiency. In May 2025, the Kunlun 4 Pro Alkaline Mineral Water purifier was released, utilizing AI to replicate natural mineral water formation. The company's platform encompasses home water systems, consumables, and kitchen appliances.
Portsmouth Square Inc’s Comment on Sales, Marketing and Customers
The company primarily serves Xiaomi's ecosystem users, with sales to Xiaomi representing 74.7%, 78.9%, and 82.7% of net revenues in 2022, 2023, and 2024, respectively. It offers a range of home water solutions, including tankless large-flux water purifiers, ERO electrodialysis and mineralization filter technologies, and integrated functions such as instant heating, cooling, and ice-making. Its products address various home scenarios from kitchen to whole-house applications, focusing on cleaner and healthier drinking water. Notable products include the Viomi Kunlun Mineral AI Water Purifier introduced in March 2024, which features AI-powered mineralizing filter technology, and the Vortex series of under-the-sink RO water purifiers launched in North America, designed for ease of installation and efficiency. In May 2025, the Kunlun 4 Pro Alkaline Mineral Water purifier was released, utilizing AI to replicate natural mineral water formation. The company's platform encompasses home water systems, consumables, and kitchen appliances.
Sources:
Portsmouth Square Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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