Oct. 25 at 3:42 PM
$ZEPP Here is Q3 ER prediction according ZEPP’s PPG sensor sales data : US
$73 – 82 M (midpoint ≈
$77 M).
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Zepp Q3 2025 Revenue Forecast (Data-Driven)
Supplier data show Hefei Whale Microelectronics (Yitong’s subsidiary and Zepp’s PPG module provider) achieved:
Q1 ¥10.5 M → Q2 ¥29.7 M → Q3 ¥51.1 M (+72 % QoQ). The PPG line almost exclusively serves Zepp, making it a reliable shipment proxy.
From Q1–Q2 correlation between Yitong (CNY M) and Zepp revenue (USD M): y ≈ 1.06 x + 27.9 → Q3 ≈
$82 M.
Accounting for a 1-month shipment-recognition lag and stable ASPs, a 10–15 % deduction gives:
Forecast Range: US
$73 – 82 M (midpoint ≈
$77 M).
That implies ≈ +25–30 % QoQ and ≈ +80 % YoY growth—Zepp’s strongest rebound since 2021.
The surge in PPG orders indicates sustained sell-through momentum for Zepp wearables heading into Q4 and positions the company for continued margin recovery and inventory normalization.
