Taoping Reports First Half 2026 Results
Taoping Inc. reported unaudited financial results for the first half of 2026, announcing that gross margin expanded by 270 basis points and net loss narrowed by 47 percent. The company also noted that its smart elevator platform surpassed 10,000 connected elevators as it builds a higher-quality recurring revenue base.
Why it matters — TAOP watchers would care because the first-half results show improved profitability metrics and growth in the company's smart elevator platform, indicating progress in building a more stable recurring revenue stream.