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WeRide
wrote a post · May 13 18:07

Quarterly revenue surged 58%, with a gross margin of 35% leading the industry, and Robotaxi users doubling | WeRide releases Q1 earnings report

On May 13, WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, released its Q1 2026 financial report.
In Q1, the company’s total revenue reached114 million yuanyuan, representing a year-on-year increase58%. Thanks to improved operational efficiency and optimized resource allocation, the company's operating loss narrowed further, with gross profit increasing year-over-year56%to 39.6 million yuan, achieving a gross margin of35%, continuing to lead the industry.
The commercial scale of Robotaxi continues to expand. In the first quarter, the number of registered users in China for WeRide's Robotaxi was approximately the same as the same period last year2x, with domestic single-vehicle daily orders averagingover 17 orders, rising to28 orders during peak hours. Currently, WeRide’s global Robotaxi fleet size is approximately1,300 vehicles, and it is expected that over the next five years, they will deploy200,000 unitsRobotaxi and other autonomous driving vehicles
The L2++ one-stage end-to-end ADAS solution WRD 3.0 is accelerating mass production, securing nearly30 model定点designations, the first mass-produced passenger vehicle in collaboration with GAC AionAion N60has officially hit the market. In addition, models equipped with WRD 3.0 achieved an unprecedentedfour consecutive championshipsin China's intelligent driving competition, strongly affirming the company’s industry-leading assisted driving technology.
AsThe only company in the world to achieve large-scale commercial application of L4 autonomous driving and L2++ assisted driving,WeRide will continue to leverage its technological advantages to advance the global commercialization of autonomous driving across diverse scenarios.
On May 13, WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, released its first-quarter financial report for 2026.   In the first quarter, the company's total revenue reached114 million yuanyuan, representing a year-on-year increase58%. Due to improved operational efficiency and optimized resource allocation, the company’s operating loss narrowed further. Gross profit increased year-over-year56%to 39.6 million yuan, with a gross margin of35%, continuing to lead the industry.   The commercial scale of Robotaxi continues to expand. In the first quarter, the number of registered users of WeRide’s Robotaxi in China was approximately double that of the same period last year,2xwith daily average orders per vehicle in ChinaMore than 17 orders, peaking at28 orders. Currently, WeRide's global Robotaxi fleet size is approximately1,300 vehicles, with an expected deployment of[Share Link: 200,000 units][Share Link: Robotaxi and other autonomous driving vehicles]。   L2++ one-stage end-to-end ADAS solution WRD 3.0 accelerating mass production implementation, securing nearly30 model定点designations, the first mass-produced passenger vehicle in collaboration with GAC Aion[Share Link: Aion N60]has officially launched. Additionally, models equipped with WRD 3.0 achieved unprecedented success in China's intelligent driving competition[Share Link: "Four-time champion"], strongly demonstrating the company's industry-leading assisted driving technology.   AsThe only company in the world to achieve large-scale commercial application of L4 autonomous driving and L2++ assisted driving,WeRide will continue...
On May 13, WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, released its first-quarter financial report for 2026.   In the first quarter, the company's total revenue reached114 million yuanyuan, representing a year-on-year increase58%. Due to improved operational efficiency and optimized resource allocation, the company’s operating loss narrowed further. Gross profit increased year-over-year56%to 39.6 million yuan, with a gross margin of35%, continuing to lead the industry.   The commercial scale of Robotaxi continues to expand. In the first quarter, the number of registered users of WeRide’s Robotaxi in China was approximately double that of the same period last year,2xwith daily average orders per vehicle in ChinaMore than 17 orders, peaking at28 orders. Currently, WeRide's global Robotaxi fleet size is approximately1,300 vehicles, with an expected deployment of[Share Link: 200,000 units][Share Link: Robotaxi and other autonomous driving vehicles]。   L2++ one-stage end-to-end ADAS solution WRD 3.0 accelerating mass production implementation, securing nearly30 model定点designations, the first mass-produced passenger vehicle in collaboration with GAC Aion[Share Link: Aion N60]has officially launched. Additionally, models equipped with WRD 3.0 achieved unprecedented success in China's intelligent driving competition[Share Link: "Four-time champion"], strongly demonstrating the company's industry-leading assisted driving technology.   AsThe only company in the world to achieve large-scale commercial application of L4 autonomous driving and L2++ assisted driving,WeRide will continue...
On May 13, WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, released its first-quarter financial report for 2026.   In the first quarter, the company's total revenue reached114 million yuanyuan, representing a year-on-year increase58%. Due to improved operational efficiency and optimized resource allocation, the company’s operating loss narrowed further. Gross profit increased year-over-year56%to 39.6 million yuan, with a gross margin of35%, continuing to lead the industry.   The commercial scale of Robotaxi continues to expand. In the first quarter, the number of registered users of WeRide’s Robotaxi in China was approximately double that of the same period last year,2xwith daily average orders per vehicle in ChinaMore than 17 orders, peaking at28 orders. Currently, WeRide's global Robotaxi fleet size is approximately1,300 vehicles, with an expected deployment of[Share Link: 200,000 units][Share Link: Robotaxi and other autonomous driving vehicles]。   L2++ one-stage end-to-end ADAS solution WRD 3.0 accelerating mass production implementation, securing nearly30 model定点designations, the first mass-produced passenger vehicle in collaboration with GAC Aion[Share Link: Aion N60]has officially launched. Additionally, models equipped with WRD 3.0 achieved unprecedented success in China's intelligent driving competition[Share Link: "Four-time champion"], strongly demonstrating the company's industry-leading assisted driving technology.   AsThe only company in the world to achieve large-scale commercial application of L4 autonomous driving and L2++ assisted driving,WeRide will continue...
On May 13, WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, released its first-quarter financial report for 2026.   In the first quarter, the company's total revenue reached114 million yuanyuan, representing a year-on-year increase58%. Due to improved operational efficiency and optimized resource allocation, the company’s operating loss narrowed further. Gross profit increased year-over-year56%to 39.6 million yuan, with a gross margin of35%, continuing to lead the industry.   The commercial scale of Robotaxi continues to expand. In the first quarter, the number of registered users of WeRide’s Robotaxi in China was approximately double that of the same period last year,2xwith daily average orders per vehicle in ChinaMore than 17 orders, peaking at28 orders. Currently, WeRide's global Robotaxi fleet size is approximately1,300 vehicles, with an expected deployment of[Share Link: 200,000 units][Share Link: Robotaxi and other autonomous driving vehicles]。   L2++ one-stage end-to-end ADAS solution WRD 3.0 accelerating mass production implementation, securing nearly30 model定点designations, the first mass-produced passenger vehicle in collaboration with GAC Aion[Share Link: Aion N60]has officially launched. Additionally, models equipped with WRD 3.0 achieved unprecedented success in China's intelligent driving competition[Share Link: "Four-time champion"], strongly demonstrating the company's industry-leading assisted driving technology.   AsThe only company in the world to achieve large-scale commercial application of L4 autonomous driving and L2++ assisted driving,WeRide will continue...
On May 13, WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, released its first-quarter financial report for 2026.   In the first quarter, the company's total revenue reached114 million yuanyuan, representing a year-on-year increase58%. Due to improved operational efficiency and optimized resource allocation, the company’s operating loss narrowed further. Gross profit increased year-over-year56%to 39.6 million yuan, with a gross margin of35%, continuing to lead the industry.   The commercial scale of Robotaxi continues to expand. In the first quarter, the number of registered users of WeRide’s Robotaxi in China was approximately double that of the same period last year,2xwith daily average orders per vehicle in ChinaMore than 17 orders, peaking at28 orders. Currently, WeRide's global Robotaxi fleet size is approximately1,300 vehicles, with an expected deployment of[Share Link: 200,000 units][Share Link: Robotaxi and other autonomous driving vehicles]。   L2++ one-stage end-to-end ADAS solution WRD 3.0 accelerating mass production implementation, securing nearly30 model定点designations, the first mass-produced passenger vehicle in collaboration with GAC Aion[Share Link: Aion N60]has officially launched. Additionally, models equipped with WRD 3.0 achieved unprecedented success in China's intelligent driving competition[Share Link: "Four-time champion"], strongly demonstrating the company's industry-leading assisted driving technology.   AsThe only company in the world to achieve large-scale commercial application of L4 autonomous driving and L2++ assisted driving,WeRide will continue...
On May 13, WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, released its first-quarter financial report for 2026.   In the first quarter, the company's total revenue reached114 million yuanyuan, representing a year-on-year increase58%. Due to improved operational efficiency and optimized resource allocation, the company’s operating loss narrowed further. Gross profit increased year-over-year56%to 39.6 million yuan, with a gross margin of35%, continuing to lead the industry.   The commercial scale of Robotaxi continues to expand. In the first quarter, the number of registered users of WeRide’s Robotaxi in China was approximately double that of the same period last year,2xwith daily average orders per vehicle in ChinaMore than 17 orders, peaking at28 orders. Currently, WeRide's global Robotaxi fleet size is approximately1,300 vehicles, with an expected deployment of[Share Link: 200,000 units][Share Link: Robotaxi and other autonomous driving vehicles]。   L2++ one-stage end-to-end ADAS solution WRD 3.0 accelerating mass production implementation, securing nearly30 model定点designations, the first mass-produced passenger vehicle in collaboration with GAC Aion[Share Link: Aion N60]has officially launched. Additionally, models equipped with WRD 3.0 achieved unprecedented success in China's intelligent driving competition[Share Link: "Four-time champion"], strongly demonstrating the company's industry-leading assisted driving technology.   AsThe only company in the world to achieve large-scale commercial application of L4 autonomous driving and L2++ assisted driving,WeRide will continue...
On May 13, WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, released its first-quarter financial report for 2026.   In the first quarter, the company's total revenue reached114 million yuanyuan, representing a year-on-year increase58%. Due to improved operational efficiency and optimized resource allocation, the company’s operating loss narrowed further. Gross profit increased year-over-year56%to 39.6 million yuan, with a gross margin of35%, continuing to lead the industry.   The commercial scale of Robotaxi continues to expand. In the first quarter, the number of registered users of WeRide’s Robotaxi in China was approximately double that of the same period last year,2xwith daily average orders per vehicle in ChinaMore than 17 orders, peaking at28 orders. Currently, WeRide's global Robotaxi fleet size is approximately1,300 vehicles, with an expected deployment of[Share Link: 200,000 units][Share Link: Robotaxi and other autonomous driving vehicles]。   L2++ one-stage end-to-end ADAS solution WRD 3.0 accelerating mass production implementation, securing nearly30 model定点designations, the first mass-produced passenger vehicle in collaboration with GAC Aion[Share Link: Aion N60]has officially launched. Additionally, models equipped with WRD 3.0 achieved unprecedented success in China's intelligent driving competition[Share Link: "Four-time champion"], strongly demonstrating the company's industry-leading assisted driving technology.   AsThe only company in the world to achieve large-scale commercial application of L4 autonomous driving and L2++ assisted driving,WeRide will continue...
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