WRD 3.0 Becomes China’s First Four-Time Urban Intelligent Driving Champion, WeRide Reports Record Q1 2026 Revenue, up 58% Year over Year
WeRide reported Q1 2026 revenue of RMB114.1 million (US$16.5 million), up 57.6% year over year. Product revenue grew 115.8% to RMB20.5 million (US$3.0 million), driven by increased sales of robotaxis and other L4 vehicles. Service revenue increased 49.0% to RMB93.7 million (US$13.6 million), primarily due to intelligent data services and ADAS services.
Key figures
- Revenue
- 114140000
- Revenue Yoy
- 57.6%
- Gross margin
- 34.7%
- Gross profit
- 39604000
- Net loss yoy
- 1.0%
- Total assets
- 8147389000
- Total equity
- 7140813000
- Product revenue
- 20461000
- Restricted cash
- 18000000
- Service revenue
- 93679000
- R and d expenses
- 363325000
- Total liabilities
- 1006576000
- Operating loss yoy
- -1.2%
- Product revenue yoy
- 115.8%
- Service revenue yoy
- 49.0%
- R and d expenses yoy
- 11.5%
- Non ifrs net loss yoy
- 10.8%
- Investments in wealth management products
- 28900000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.