WeRide Inc. (WRD) Form 6-K — Aug 12, 2026
WeRide Inc. reported unaudited 2Q2026 total revenue of RMB231.7 million (US$34.2 million), up 82.2% year over year and 103.1% quarter over quarter, with gross margin expanding to 37.5% from 28.1% a year earlier. Overseas revenue surged 164.4% YoY as the company accelerated its asset-light robotaxi expansion into Spain, Switzerland, Denmark, the UAE and Singapore, including a first joint European entry with Uber in Madrid and a new autonomous mobility partnership with GreenMobility in Denmark. Domestic ride-hailing revenue rose approximately 140% QoQ as average daily rides per vehicle climbed 24% QoQ to over 21.
Key figures
- Eps
- Basic and diluted loss per ADS of RMB1.23 (US$0.18) in 2Q2026 vs RMB1.35 in 2Q2025
- Revenue
- RMB231.7 million (US$34.2 million) in 2Q2026
- Net Income
- Net loss of RMB400.7 million (US$59.1 million) in 2Q2026 vs RMB406.4 million in 2Q2025; 1H2026 net loss RMB789.8 million (US$116.4 million)
- Revenue Yoy
- 82.2% YoY in 2Q2026; 73.3% YoY in 1H2026
- Cash Position
- RMB5,398.5 million (US$795.6 million) in aggregate cash, cash equivalents, time deposits and restricted cash as of June 30, 2026
- Ebitda2 Q2026
- Negative RMB335.4 million (US$49.4 million), narrowed 8.1% YoY
- Global L4 Fleet
- Approximately 3,400 vehicles, including more than 1,800 robotaxis, as of July 31, 2026
- Rd Expenses2 Q2026
- RMB434.3 million (US$64.0 million) vs RMB318.9 million in 2Q2025
- Gross Margin2 Q2026
- 37.5% vs 28.1% in 2Q2025
- Geographic Footprint
- Over 60 cities across 13 countries
- Wr30 Deliveries2 Q2026
- Approximately 30,000 units of WRD 3.0 L2++/L3 solution
- Overseas Revenue Growth
- 164.4% YoY and 169.3% QoQ in 2Q2026; 154.4% YoY in 1H2026
- Ride Hailing Revenue Qo Q
- Approximately +140% QoQ in 2Q2026; registered users +35% QoQ
- Avg Daily Rides Per Vehicle
- Over 21 rides, +24% QoQ; peak 28 per day
- L2l3 Revenue Growth2 Q2026
- +2,593.8% YoY and +219.3% QoQ
- L4 Business Revenue2 Q2026
- RMB125.2 million (US$18.5 million), +47.3% YoY and +130.6% QoQ
- Middle East Robotaxi Fleet
- Approximately 400 vehicles as of July 31, 2026
- Non Ifrs Adjusted Loss2 Q2026
- RMB338.5 million (US$49.9 million) vs RMB300.6 million in 2Q2025
AI analysis
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