Weride Inc. (WRD)
NASDAQ:WRD
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.13Last Year’s EPS
-0.07Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed clear commercial momentum: meaningful revenue growth, rapid expansion of global robotaxi and L4 fleets, growing ADAS mass-production adoption, a major technical milestone with the GENESIS simulation platform, strong partnership pipeline, and a healthy cash position bolstered by a sizable share repurchase. Against these positives, the company remains unprofitable with sizable operating and R&D spend, faces short-term regulatory headwinds in China and utilization softness in parts of the Middle East, and incurs upfront costs when entering new markets. On balance, the operational progress, technology leadership and financial resources appear to outweigh near-term challenges.Company Guidance
Revenue Growth
Total revenue of RMB 114 million in Q1 2026 with management citing year-over-year growth (CEO stated +58% YoY; CFO presented +38% YoY), reflecting accelerating commercial traction across robotaxi and ADAS businesses.
Strong Product and Service Revenue Expansion
Product revenue increased 116% to RMB 20 million and service revenue increased 49% to RMB 94 million, demonstrating growth in deployments of robotaxi and L4 vehicles and expanding recurring service income.
Improved Gross Profit and Margin
Group gross profit rose 56% to RMB 40 million in Q1 2026 with an approximate group gross margin of 35%, indicating top-line expansion with maintained margin discipline.
Large and Growing Global Fleet Footprint
Global robotaxi fleet reached ~1,300 vehicles by end-April (domestic ~1,000; overseas ~300). Level 4 fleet (robovan + robobus) ~2,800 units deployed or tested across 12 countries and 40+ cities, supporting claims of one of the largest global robotaxi deployments.
High Utilization and User Adoption Metrics in China
Domestic average daily orders per vehicle reached 17 trips in Q1 (peak 28 trips) and registered robotaxi users roughly doubled YoY, indicating improving unit economics and consumer adoption.
GENESIS Simulation & Technical Breakthrough
Introduced GENESIS world-model simulation engine that management says boosts model evolution pace 'by several folds', enables large-scale synthetic corner-case training (claimed thousands of times more efficient than road testing), and supported 4 consecutive championships in China urban intelligent driving competition.
ADAS Commercial Traction and Multi-Chip Compatibility
WRD 3.0 ADAS adopted by nearly 30 vehicle models; first mass-production deployment (GAC Aion N60) entered presales. WRD 3.0 supports NVIDIA DRIVE, Qualcomm Snapdragon and SiEngine StarLight, enabling broader OEM adoption and mass-production flexibility.
Strategic Partnerships and Deployment Targets
Partnerships include Lenovo (joint target to deploy 200,000 autonomous vehicles over 5 years) and Geely Farizon (2,000 purpose-built robotaxi GXR deliveries in 2026). Collaboration with Uber (strategic shareholder >5%) and Grab supports international rollouts; committed to deploy at least 1,200 robotaxi across Abu Dhabi, Dubai and Riyadh by 2027.
Robust Balance Sheet and Capital Actions
Total capital reserves RMB 6.22 billion (RMB 6.18 billion cash & equivalents). Maintained RMB 294 million short-term bank loans. Under a USD 100 million repurchase program, repurchased ~24.4 million Class A shares for ~USD 61.4 million, signaling board confidence in long-term value.
Commercial Launches in Regulated International Markets
Launched Singapore's first public autonomous driving service with Grab; launched fully driverless commercial robotaxi in Dubai with Uber and RTA; Abu Dhabi coverage expanded to ~70% of core area; entered Slovakia and progressing toward Zurich driverless operations.
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 |
|---|---|---|---|
May 13, 2026 | $7.71 | $7.65 | -0.78% |
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% |
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 Inc. (WRD) report earnings?
Weride Inc. (WRD) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Weride Inc. (WRD) earnings time?
Weride Inc. (WRD) earnings time is at Jul 30, 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 (Q2) is -0.13.