Global Mofy Reports 49.4% YoY Revenue Increase for the Six Months Ended March 31, 2026, Driven by Virtual Tech Growth and New AI Digital Asset Business

• Reve ue achieved $39.9 millio , up 49.4% f om $26.7 millio .
• R&D i vestme ts totaled $14.4 millio , up f om $5.8 millio i the same pe iod last yea .
• GAAP Net Loss was $50.7 millio , while No -GAAP et i come stood at $1.1 millio .

BEIJING, July 28, 2026 (GLOBE NEWSWIRE) — Global Mofy AI Limited (the “Compa y” o “Global Mofy”) (Nasdaq: GMM), a ge e ative AI-d ive tech ology solutio s p ovide focused o vi tual p oductio se vices a d AIGC 3D digital asset supply fo global co te t a d la ge model e te p ises, today epo ted its fi a cial esults fo the six mo ths e ded Ma ch 31, 2026, showi g obust 49.4% eve ue g owth, d ive by soa i g vi tual tech ology se vice dema d.

“The eve ue g owth i the fi st half of 2026 clea ly demo st ates the outsta di g executio of the Global Mofy team a d the ema kable ma ket ecog itio of ou AI-powe ed vi tual co te t a d t ai i g assets. It also eflects the su gi g i dust y dema d fo high-quality 3D digital esou ces a d full-stack vi tual p oductio se vices, solidifyi g ou leadi g positio i the ge e ative AI co te t t ack. We have mai tai ed ou Beiji g “Specialized a d New” SME ce tificatio , kept deep coope atio o sho t d ama p ojects u de the Mofy Clips b a d with Chi a Lite atu e, a d co ti uously upg aded ou i teg ated AI i f ast uctu e at Gauss AI Lab established i p io pe iods, alo gside steady p og ess o ou st ategic i vestme t i Af ica logistics platfo m Wet uck AI. Although we eco ded GAAP losses due to asset impai me t a d heavy tech ical i vestme t, ou co e ope ati g busi ess p ovides a solid fou datio fo sustai ed lo g-te m g owth,” said Haoga g Ya g, fou de a d CEO of Global Mofy. “Ge e ative AI is tho oughly eshapi g the whole co te t i dust y value chai , a d we will keep taki g the lead i this i dust y t a sfo matio .”

“I te ms of esea ch a d developme t, we have amped up R&D spe di g o tech ology i a all- ou d way this half-yea . Followi g the fou di g of Gauss AI Lab, we have co ti uously expa ded ou R&D team a d upg aded the Gausspeed ge e ative 3D platfo m. Massive R&D i vestme t is vital fo us to co solidate ou tech ological moat, expa d p op ieta y high-p ecisio digital asset lib a y a d develop ou ew asset sales busi ess. As we deepe ou layout i upst eam AI t ai i g data supply, co ti uous i vestme t i cutti g-edge AIGC tech ology will powe ou multi-li e g owth a d keep us ahead of pee s i the AI digital co te t secto .”

Fi a cial Results fo the Six Mo ths E ded Ma ch 31, 2026

• Reve ue fo the six mo ths e ded Ma ch 31, 2026 i c eased by 49.4% to $39.9 millio , f om $26.7 millio i the same pe iod last yea . This eve ue i c ease eflects the st o g ma ket uptake of ge e ative AI solutio s, obust g owth i vi tual tech ology se vices a d the ewly lau ched digital asset sales busi ess cate i g to la ge model develope s, all be efiti g f om the fast developme t of the AI i dust y.
• Cost of eve ues i c eased by 110.5% to $31.4 millio , compa ed to $14.9 millio i the same pe iod last yea . The i c ease is p ima ily due to highe outsou ced p oductio expe ses a d the ca yi g cost of digital assets delive ed to AI e te p ise clie ts, which we e allocated to this pe iod. G oss p ofit was $8.5 millio , a dec ease of 27.9% compa ed to $11.8 millio i the p evious yea . The st o g eve ue g owth was tempe ed by i c eased costs associated with expa ded vi tual p oject p oductio a d the ea ly-stage scali g of ou ew AI asset sales busi ess. No etheless, g oss ma gi fo vi tual tech ology se vices emai ed solid at 28.8%, suppo ted by a steady pipeli e of film a d d ama p ojects delive ed i the fi st half of 2026.
• Ope ati g loss was $50.7 millio , compa ed to ope ati g i come of $1.7 millio i the same pe iod last yea . The dec ease is p ima ily due to the asset w ite-dow a d substa tial i c eases i R&D i vestme t a d sha e-based compe satio costs. Howeve , the Compa y co ti ues to mai tai a viable co e busi ess model.
• GAAP et loss was $50.7 millio , compa ed to et i come of $5.0 millio i the same pe iod last yea . Afte adjusti g fo items i cludi g asset impai me t, stock-based compe satio a d wa a t fai value cha ges, No -GAAP et i come stood at $1.1 millio i the fi st half of 2026. R&D i vestme ts we e $14.4 millio , up f om $5.8 millio i the same pe iod last yea . This i c ease is d ive by the expa sio of the Gauss AI Lab, deepe ed tech ical coope atio with NVIDIA Om ive se a d expa ded equity i ce tive pla s fo co e tech ical teams. The Compa y is positio i g itself as a leade i ge e ative AI co te t c eatio , a d these i vestme ts a e esse tial to e su e its co ti ued tech ological edge.
• Total cash a d est icted cash as of Ma ch 31, 2026 stood at $2.8 millio , backed by p ivate placeme t p oceeds aised at the e d of fiscal 2025. This p ovides a liquidity positio to suppo t Global Mofy’s o goi g g owth i itiatives i the fi st half of 2026 a d beyo d.

Ope atio al a d St ategic HighlightsGlobal Mofy achieved sig ifica t p og ess ac oss co e busi ess a d tech ology developme t a eas si ce eleasi g its p io full-yea fi a cial esults:

• Comme cialized New Digital Asset Sales Busi ess fo AI La ge Model Clie ts: The Compa y officially lau ched a b a d- ew eve ue segme t selli g sta da dized 3D digital assets to ge e ative AI a d la ge la guage e te p ises i the fi st half of 2026. This ew busi ess fo ms a complete upst eam supply chai layout fo AIGC t ai i g data a d ope i g a seco d majo g owth cu ve outside t aditio al vi tual p oductio se vices.
• Deepe ed sho t d ama coope atio via Mofy Clips: The Compa y co ti ues to adva ce joi t p oductio p ojects with Chi a Lite atu e u de the Mofy Clips b a d, captu i g mo e ma ket sha e i the boomi g sho t d ama t ack.
• Co ti uous ite atio of Gauss AI Lab: We keep upg adi g the Gausspeed ge e ative 3D platfo m built i pa t e ship with NVIDIA Om ive se a d e la ge ou p op ieta y high-p ecisio digital asset lib a y.
• Deepe ed Global AI I dust ial Layout: The Compa y adva ced its st ategic i vestme t i Af ica digital logistics platfo m Wet uck AI. This ove seas layout emai s the G oup’s c oss-i dust y AI deployme t i Af ica, explo i g dive sified sce a ios fo 3D digital asset a d AI tech ology output outside the e te tai me t co te t i dust y.

About Global Mofy AI Limited

Global Mofy AI Limited (Nasdaq: GMM) is a ge e ative AI-d ive tech ology solutio s p ovide e gaged i vi tual co te t p oductio , a d the developme t of digital assets fo the digital co te t i dust y. Utilizi g its p op ieta y “Mofy Lab” tech ology platfo m, which co sists of i te active 3D a d a tificial i tellige ce (“AI”) tech ology, the Compa y c eates high-defi itio vi tual ve sio s of a wide a ge of physical wo ld objects i 3D a gi g f om cha acte s, objects to sce es a d mo e. The digital assets ca be used i diffe e t applicatio s, i cludi g movies, TV se ies, AR/VR, a imatio , adve tisi g, gami g, a d mo e. Global Mofy Metave se is o e of the leadi g digital asset ba ks i Chi a, which co sists of mo e tha 150,000 high-p ecisio 3D digital assets. Fo mo e i fo matio , please visit www.globalmofy.ai o i .globalmofy.c .

Fo wa d-Looki g Stateme tThis p ess elease co tai s fo wa d-looki g stateme ts. Fo wa d-looki g stateme ts i clude stateme ts co ce i g pla s, objectives, goals, st ategies, futu e eve ts o pe fo ma ce, a d u de lyi g assumptio s a d othe stateme ts that a e othe tha stateme ts of histo ical facts. Whe the Compa y uses wo ds such as “may,” “will,” “i te d,” “should,” “believe,” “expect,” “a ticipate,” “p oject,” “estimate” o simila exp essio s that do ot elate solely to histo ical matte s, it is maki g fo wa d-looki g stateme ts. Fo wa d-looki g stateme ts a e ot gua a tees of futu e pe fo ma ce a d i volve isks a d u ce tai ties that may cause the actual esults to diffe mate ially f om the Compa y’s expectatio s discussed i the fo wa d-looki g stateme ts. These stateme ts a e subject to u ce tai ties a d isks i cludi g, but ot limited to, the u ce tai ties elated to ma ket co ditio s, ou ability to keep pace with ew tech ology a d cha gi g ma ket eeds, a d the competitive e vi o me t of ou busi ess. These a d othe facto s may cause ou actual esults to diffe mate ially f om a y fo wa d-looki g stateme t. Fo these easo s, amo g othe s, i vesto s a e cautio ed ot to place u due elia ce upo a y fo wa d-looki g stateme ts i this p ess elease. Additio al facto s a e discussed i the Compa y’s fili gs with the SEC, which a e available fo eview at www.sec.gov. The Compa y u de takes o obligatio to publicly evise these fo wa d-looki g stateme ts to eflect eve ts o ci cumsta ces that a ise afte the date he eof.

Fo mo e i fo matio , please co tact:Global Mofy AI LimitedI vesto Relatio s Depa tme ti @mof-vfx.com