WeRide Inc. Sponsored ADR ( (WRD) ) has released its Q2 earnings. Here is a breakdown of the information WeRide Inc. Sponsored ADR presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
WeRide Inc., a leader in autonomous driving technology, is recognized for its pioneering efforts in the robotaxi sector, operating globally across multiple countries. In its latest earnings report for Q2 2025, WeRide showcased a significant revenue growth of 60.8% year-over-year, reaching RMB127.2 million, with its robotaxi revenue surging by an impressive 836.7% to RMB45.9 million. This marks the highest quarterly robotaxi revenue since the company’s inception, highlighting the increasing demand and expansion of its autonomous services.
The company reported a gross profit increase of 40.6% year-over-year, achieving an industry-leading margin of 28.1%. A notable development was the launch of the High-performance Computing 3.0 Platform, powered by NVIDIA DRIVE AGX Thor chips, which reduced autonomous driving suite costs by 50%. WeRide also expanded its global footprint by launching Saudi Arabia’s first-ever robotaxi pilot operation in Riyadh, and it continues to grow its robotaxi fleet in Abu Dhabi in partnership with Uber.
Despite the strong revenue growth, WeRide reported a net loss of RMB406.4 million for the quarter, slightly improved from the previous year’s loss. The company’s operating expenses increased due to higher personnel-related costs and investments in research and development. However, the company’s strategic partnerships and technological advancements are expected to enhance its operational efficiency and market presence.
Looking ahead, WeRide’s management remains optimistic about the company’s growth trajectory, emphasizing the importance of strategic partnerships and technological innovations in driving future success. The focus will be on expanding access to autonomous transportation and maintaining leadership in the evolving mobility landscape.