DOF Robotics, a world leader in robotics systems, immersive education and entertainment technologies, motion simulators, game and content development, and image interpretation software, announced its first quarter 2026 financial results. The company continued its growth during the first three months of the year.
Exporting to over 60 countries across 6 continents and collaborating on projects with giants such as Marvel Studios, Rovio’s Angry Birds brand, Feld Entertainment’s Monster Jam, Universal Studios, Transformers, and Smurfs, DOF Robotics increased its revenue by 74% in the first quarter of 2026 compared to the same period last year, reaching 197.9 million TL. Gross profit increased by 81.8% to 134.4 million TL. During the same period, the company’s total assets reached 3.43 billion TL, while its equity increased by 3.7% to 2.14 billion TL.
Looking at DOF Robotics’ past financial data, it’s clear that seasonality plays a significant role in revenue and profitability figures. While expenses are prominent in the first quarter, the conversion of these expenses into revenue occurs in the last quarter. This global characteristic of the sector remains valid for DOF Robotics as well.
DOF Robotics Chairman Mustafa Mertcan, in his assessment of the first quarter 2026 results, stated: “In the first quarter of 2026, DOF Robotics continued its growth in global markets while strengthening its operations with high value-added products and an R&D-focused approach. While increasing our effectiveness in export markets, primarily the United States and Europe, we resolutely continued our investments in advanced technology-based simulation, artificial intelligence, and autonomous systems. The next-generation products and software solutions we developed within the scope of our R&D activities were important steps supporting our company’s global competitiveness. In line with our strategic growth targets, we evaluated new investment opportunities and continued our work on projects with high long-term value creation potential.”
New Structure in China and Australia
Stating that they are continuing investments to strengthen their international structure, Mertcan said, “We have completed the establishment processes of our planned subsidiaries in the People’s Republic of China and Australia as of the first quarter. We believe that these steps will increase our effectiveness in global markets and create new collaborations and growth opportunities.”
“We will make Turkey one of the important centers of technology and innovation tourism”
Mertcan stated that they aim to generate $600 million in revenue in the next 10 years with their management projects, and that NeoCappadocia is positioned as the first and most important step of this strategy. Mertcan said, “We designed NeoCappadocia to operate 12 months a year and expect it to host over 500,000 guests annually. This project will include a Fly Over Cappadocia/Turkey themed flying theatre, a balloon simulator, a completely themed restaurant, a boutique themed hotel with concept rooms, and live show experiences where technology, aesthetics, and storytelling are combined.”
Mertcan stated that they aim to bring NeoCappadocia-like projects to different cities in Turkey, saying, “In the Flying Theater project we are planning in Beyoğlu, Istanbul, DOF Robotics will undertake all installation and investment processes. In addition, with the Flying Theater investment we plan to realize in Antalya city center, we aim to bring a new experience area to the city’s tourism and entertainment ecosystem.” Emphasizing that Neo Planet, a new generation experience economy brand, is one of the important parts of their international growth strategy, Mertcan said, “We plan to expand the Neo Planet concept, which combines technology with games and interactive experiences, with new centers in different countries. Our goal is to make Turkey one of the important centers of technology and innovation tourism.”
