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WeRide Q3 Revenue Jumps With Margin Gains as Robotaxi Sales Surge

Regulatory gains plus fresh capital signal progress toward a 2026 public driverless rollout.

Overview

  • Total revenue reached 171 million yuan in Q3, up 144% year over year, with gross profit of 56.3 million yuan and a 32.9% margin.
  • Product revenue rose 428% to 79.2 million yuan, service revenue grew 66.9% to 91.8 million yuan, and robotaxi revenue climbed 761% to 35.3 million yuan.
  • WeRide posted a non‑IFRS adjusted net loss of 275.6 million yuan and reported 4.50 billion yuan in cash and deposits as of September 30, 2025.
  • The company completed a dual primary listing in Hong Kong, raising about HK$2.39 billion, and now holds AV permits in eight countries including city‑level approvals in Abu Dhabi and Switzerland.
  • WeRide’s autonomous fleet exceeds 1,600 vehicles with nearly 750 robotaxis and about 150 AVs operating in the Middle East; WRD shares rose about 8% premarket as it targets fully driverless public service in H1 2026.