ATRenew Inc. (RERE)

NYSE: RERE · Real-Time Price · USD

4.330

+0.210 (5.10%)

At close: Jul 28, 2026, 4:00 PM EDT

4.280

-0.050 (-1.15%)

After-hours: Jul 28, 2026, 7:34 PM EDT

ATRenew Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	22,555	21,048	16,328	12,966	9,869	7,780
Revenue Growth	30.14%	28.91%	25.94%	31.37%	26.85%	60.15%
Gross Profit	4,654	4,348	3,242	2,627	2,273	2,045
Operating Income	568.81	456.18	28.97	-173.34	-2,624	-895.07
Net Income	428.58	336.29	-8.23	-156.25	-2,468	-2,142
Earnings Per Share	1.76	1.38	-0.03	-0.64	-10.11	-9.17
EPS Growth	234.18%	-	-	-	-	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Mainland China	20,690	15,865	12,084	9,206	7,409
Hong Kong	327.86	426.44	828.93	660.1	341.65
Others	30.8	37.21	52.53	2.9	30.03
Total	21,048	16,328	12,966	9,869	7,780

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	1,261	1,805	2,554	2,389	2,486	1,867
Total Debt	359.55	392.89	304.93	372.43	157.51	129.5
Net Cash (Debt)	901	1,412	2,249	2,017	2,328	1,737
Net Cash Growth	-55.61%	-37.21%	11.51%	-13.38%	34.02%	282.95%
Net Cash Per Share	3.70	5.80	9.28	8.29	9.53	12.03

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-414.57	-414.57	642.81	243.9	881.3	-1,018
Capital Expenditures	-144.28	-144.28	-59.86	-85.18	-61.46	-73.92
Free Cash Flow	-558.85	-558.85	582.95	158.72	819.83	-1,092
Free Cash Flow Growth	-	-	267.29%	-80.64%	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	20.63%	20.66%	19.85%	20.26%	23.03%	26.28%
Operating Margin	2.52%	2.17%	0.18%	-1.34%	-26.58%	-11.50%
Pretax Margin	2.48%	2.19%	-0.00%	-1.14%	-26.07%	-12.26%
Profit Margin	2.17%	1.92%	0.35%	-0.82%	-24.94%	-10.41%
FCF Margin	0.00%	-2.66%	3.57%	1.22%	8.31%	-14.03%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 29, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	16.08	26.87	-	-	-	-
Forward PE	9.65	14.95	9.92	16.29	13.29	-
P/FCF Ratio	-	-	7.93	18.79	5.61	-
PS Ratio	0.29	0.39	0.28	0.23	0.47	1.10