ATRenew Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

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 (YoY)	30.14%	28.91%	25.93%	31.37%	26.85%	60.15%
Cost of Revenue	17,901	16,700	13,086	10,339	7,597	5,735
Gross Profit	4,654	4,348	3,242	2,627	2,273	2,045
Selling, General & Admin	3,878	3,690	3,056	2,641	2,890	2,702
Research & Development	262.31	243.91	210.36	195.68	227.81	264.56
Other Operating Expenses	-55.13	-42.24	-53.43	-36.26	1,779	-26.95
Total Operating Expenses	4,085	3,892	3,213	2,800	4,896	2,940
Operating Income	568.81	456.18	28.97	-173.34	-2,624	-895.07
Interest Income	16.07	20.5	26.86	37.88	17.78	8.37
Interest Expense	-6.28	-6.04	-15.02	-7.06	-6.16	-16.78
Other Non-Operating Income (Expense)	-19.83	-10.34	-41.26	-5.89	38.79	-50.37
Total Non-Operating Income (Expense)	-10.04	4.12	-29.41	24.93	50.41	-58.78
Pretax Income	558.77	460.3	-0.44	-148.41	-2,573	-953.85
Provision for Income Taxes	69.5	56.75	-56.88	-42.53	-111.78	-143.86
Net Income	428.58	336.29	-8.23	-156.25	-2,468	-2,142
Minority Interest in Earnings	60.69	67.26	64.66	50.37	6.47	6.56
Net Income Attributable to Preferred Dividends	-	-	-	-	-	508.63
Net Income to Common	428.58	336.29	-8.23	-156.25	-2,468	-2,142
Net Income Growth	236.32%	-	-	-	-	-
Shares Outstanding (Basic)	242	242	242	243	244	144
Shares Outstanding (Diluted)	243	243	242	243	244	144
Shares Change (YoY)	-1.09%	0.36%	-0.33%	-0.40%	69.06%	412.74%
EPS (Basic)	1.77	1.39	-0.03	-0.64	-10.11	-9.17
EPS (Diluted)	1.76	1.38	-0.03	-0.64	-10.11	-9.17
EPS Growth	234.18%	-	-	-	-	-
Shares Outstanding	219.51	219.51	219.83	219.49	230.52	226.42
Free Cash Flow	-	-558.85	582.95	158.72	819.83	-1,092
Free Cash Flow Growth	-	-	267.29%	-80.64%	-	-
Free Cash Flow Per Share	-	-2.30	2.40	0.65	3.36	-7.56
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%
Profit Margin	2.17%	1.92%	0.35%	-0.82%	-24.94%	-10.41%
FCF Margin	-	-2.66%	3.57%	1.22%	8.31%	-14.03%
EBITDA	568.81	572.47	296.03	160.39	-2,218	-521.33
EBITDA Margin	2.52%	2.72%	1.81%	1.24%	-22.48%	-6.70%
EBIT	568.81	456.18	28.97	-173.34	-2,624	-895.07
EBIT Margin	2.52%	2.17%	0.18%	-1.34%	-26.58%	-11.50%
Effective Tax Rate	12.44%	12.33%	12868.10%	28.66%	4.34%	15.08%

Updated May 19, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q