WeRide (WRD)
NASDAQ:WRD
Earnings Data
Report Date
May 27, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.09Last Year’s EPS
-0.07Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strong growth narrative: robust top-line expansion (90% FY revenue growth), rapid fleet and geographic scaling, technology and regulatory milestones, improving gross margins and notable cost reductions (TCO down ~38%). At the same time the company remains unprofitable with substantial R&D and operating expenses, promotional pricing and execution/regulatory and competitive risks. On balance the positive operational momentum, margin improvements, balance-sheet actions (USD 100M buyback) and international commercialization progress materially outweigh the listed challenges.Company Guidance
Record Annual Revenue and Strong YoY Growth
Full year 2025 revenue reached CNY 685 million, up 90% year-over-year, marking a company record.
Quarterly Revenue Acceleration
Q4 2025 revenue was CNY 314 million, up 123% year-over-year; Q4 product revenue rose 309% to CNY 211 million while service revenue increased 15% to CNY 103 million.
Robotaxi Commercialization Momentum
Full year robotaxi revenue was CNY 148 million, up 210% YoY; Q4 robotaxi revenue was CNY 51 million, up 66% YoY. Global robotaxi fleet reached 1,125 vehicles and company expects 2,600 robotaxis by end of 2026 (subject to approvals).
Rapid Fleet and Product Expansion
Total global AV fleet (robotaxis, robobuses, robovans, robosweepers) grew from 1,089 at end-2024 to 2,113 vehicles; international deployments now in 12 countries with permits in 8 markets and international robotaxi fleet surpassed 250 vehicles.
Robobus and L2+ Business Traction
Robobus business grew 190% YoY in 2025. L2+ ADAS (WePilot 3.0) adoption by OEMs/Tier-1s including Chery, GAC and Bosch; Chery Exeed powered by WePilot 3.0 won multi-city competition.
Improved Unit Economics and Cost Reductions
China total cost of ownership decreased ~38% driven by a 15% BOM cost reduction on the new GXR (enabled by HPC 3.0) and operational efficiencies (remote assistance ratio improved from 1:10 to 1:40). Per-vehicle production time reported under 10 minutes.
Gross Profit and Margin Improvement
Group-level gross profit for FY 2025 was CNY 207 million, up 87% YoY, with a gross margin of 30%. Q4 gross profit was CNY 89 million (up 74%) with a 28% margin.
Stronger Balance Sheet and Capital Actions
As of Dec 31, 2025, total capital reserves were CNY 7.13 billion (CNY 6.97 billion in cash and equivalents). Board authorized up to USD 100 million share repurchase program to be executed over 12 months.
Technology and Simulation Advantage
Launched WeRide GENESIS simulation platform integrating physical AI and generative AI to speed edge-case simulation (management cited reduction of complex-case simulation from days to minutes and up to 75% reduction in data collection cost), and introduced HPC 3.0 (claimed ~2,000 TOPS compute) to improve compute-efficiency and lower BOM.
International Regulatory and Commercial Milestones
Achieved Europe's first driverless robotaxi permit (Switzerland) and world's first city-level fully driverless commercial permit outside the U.S. (Abu Dhabi). Entered new markets including Slovakia and pilots in Singapore; Middle East operations now integrate with Uber and cover ~70% of Abu Dhabi core area.
Operational Performance Improvements
China commercial/testing fleet grew to >800 robotaxis covering >1,000 km²; average daily orders per vehicle ~15 (peak 26), average passenger wait time under 10 minutes, and registered users in Q4 grew over 900% YoY.
WRD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WRD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 13, 2026 | $6.82 | $6.65 | -2.49% |
Nov 28, 2025 | $8.04 | $8.24 | +2.49% |
Jul 31, 2025 | $9.35 | $9.18 | -1.82% |
May 21, 2025 | $8.45 | $10.26 | +21.42% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does WeRide (WRD) report earnings?
WeRide (WRD) is schdueled to report earning on May 27, 2026, After Close (Confirmed).
What is WeRide (WRD) earnings time?
WeRide (WRD) earnings time is at May 27, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WRD EPS forecast?
WRD EPS forecast for the fiscal quarter 2026 (Q1) is -0.09.