WRD WeRide Inc.
Price Chart
Executive Summary
WeRide reported Q1 2026 revenue of $16.5M (+58% YoY), beating the $124.9M consensus estimate (which was in RMB). Net loss per ADS was $0.18, narrower than the $0.24 consensus estimate. The company highlighted robotaxi fleet expansion to ~1,300 vehicles and key operational milestones in Dubai, Singapore, and China, but operating loss remained substantial at $62.5M.
Key Financial Metrics
Actionable Insight
Revenue growth accelerated to 58% YoY, and the EPS beat consensus by ~25%, but the company remains deeply unprofitable with operating losses barely narrowing. The Lenovo partnership for 200K AVs is a long-term catalyst but provides no near-term revenue. Monitor the upcoming earnings call for guidance on robotaxi commercialization timelines and cash burn trajectory.
Key Facts
- Q1 2026 revenue $16.5M (RMB114.1M), +57.6% YoY
- Net loss per ADS $0.18 vs consensus $0.24 (beat)
- Product revenue $3.0M, +115.8% YoY; Service revenue $13.6M, +49.0% YoY
- Gross margin 34.7%, roughly flat vs 35.0% a year ago
- Operating loss $62.5M, narrowing 1.2% YoY
- Cash and equivalents $902.4M as of March 31, 2026
- Robotaxi fleet reached ~1,300 vehicles globally; ~1,000 in China
- Partnerships with Lenovo (200K AVs over 5 years), Grab (Singapore), Uber/Dubai RTA
- L2++ ADAS solution WRD 3.0 won 4th consecutive championship; secured design wins for ~30 vehicle models
Financial Impact
Revenue $16.5M (+58% YoY); net loss per ADS $0.18 vs consensus $0.24; operating loss $62.5M
Risk Factors
- Continued operating losses and negative cash flow
- High R&D spend ($52.7M) relative to revenue ($16.5M)
- Dependence on regulatory approvals for robotaxi expansion
- Competition from Waymo, Baidu, and other autonomous driving players
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3293762 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 11, 2026
1d ago
|
Institutional Cluster
| $6.18 awaiting T+1 | awaiting T+1 | — | $6.17 (−0.16%) |
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Jun 2, 2026
11d ago
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Press Release
| $7.75 $7.96 | ▲ +2.71% | ▲ +3.43% | $6.17 (−20.39%) |
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May 26, 2026
18d ago
|
Press Release
| $7.37 $7.29 | ▼ −1.09% | ▼ −1.10% | $6.17 (−16.28%) |
|
May 13, 2026
4w ago
|
Press Release
| $7.65 $7.60 | ▼ −0.65% | ▼ −1.43% | $6.17 (−19.35%) |
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Apr 30, 2026
6w ago
|
Press Release
| $7.72 $7.64 | ▼ −1.04% | ▼ −1.26% | $6.17 (−20.08%) |
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Apr 27, 2026
6w ago
|
Press Release
| $8.17 $7.82 | ▼ −4.28% | ▼ −3.80% | $6.17 (−24.48%) |
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Apr 24, 2026
7w ago
|
Press Release
| $7.96 $8.17 | ▲ +2.64% | ▲ +2.47% | $6.17 (−22.49%) |
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Apr 23, 2026
7w ago
|
Press Release
| $7.67 $7.96 | ▲ +3.78% | ▲ +3.00% | $6.17 (−19.56%) |
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Apr 1, 2026
10w ago
|
Press Release
| $7.89 $7.81 | ▼ −1.01% | ▼ −1.09% | $6.17 (−21.80%) |
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Mar 23, 2026
11w ago
|
Press Release
| $6.92 $7.56 | ▲ +9.25% | ▲ +9.60% | $6.17 (−10.84%) |
US Market Status
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