WeRide 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	-	684.59	361.13	401.84	527.54	138.17
Revenue Growth (YoY)	-	89.57%	-10.13%	-23.83%	281.80%	-
Cost of Revenue	-	477.77	250.42	218.37	295	86.51
Gross Profit	-	206.82	110.72	183.48	232.55	51.66
Selling, General & Admin	-	669.69	1,192	666.82	260.81	119.34
Research & Development	-	1,372	1,091	1,058	758.57	443.18
Other Operating Expenses	-	11.71	12.17	24.47	-7.6	-10.37
Total Operating Expenses	0	2,054	2,296	1,750	1,012	552.16
Operating Income	-	-1,847	-2,185	-1,566	-779.23	-500.5
Interest Income	-	172.31	176.9	132.04	36.11	29.77
Interest Expense	-	-9.13	-3.45	-3.49	-4.2	-6.92
Other Non-Operating Income (Expense)	-	32.79	-499.21	-508.59	-425.96	-529.61
Total Non-Operating Income (Expense)	-	195.97	-325.76	-380.03	-394.05	-506.76
Pretax Income	-	-1,651	-2,511	-1,946	-1,299	-1,007
Provision for Income Taxes	-	4.1	5.87	2.87	-	-
Net Income	-	-1,655	-2,517	-1,949	-1,299	-1,007
Net Income Attributable to Preferred Dividends	-	-	-	-	125.21	-
Net Income to Common	-	-1,655	-2,517	-1,949	-1,424	-1,007
Shares Outstanding (Basic)	236	309	98	39	39	35
Shares Outstanding (Diluted)	236	309	98	39	39	35
Shares Change (YoY)	-32.91%	214.28%	150.66%	0.28%	12.88%	-
EPS (Basic)	-	-5.37	-25.62	-50.58	-33.24	-29.10
EPS (Diluted)	-	-5.37	-25.62	-50.58	-33.24	-29.10
Free Cash Flow	-	-1,569	-677.6	-511.54	-751.19	-531.82
Free Cash Flow Per Share	-	-5.08	-6.90	-13.05	-19.22	-15.36
Gross Margin	-	30.21%	30.66%	45.66%	44.08%	37.39%
Operating Margin	-	-269.76%	-605.09%	-389.75%	-147.71%	-362.23%
Profit Margin	-	-241.74%	-696.92%	-485.04%	-246.14%	-728.98%
FCF Margin	-	-229.24%	-187.63%	-127.30%	-142.40%	-384.90%
EBITDA	-	-1,680	-2,084	-1,477	-692.68	-434.67
EBITDA Margin	-	-245.42%	-577.09%	-367.45%	-131.30%	-314.59%
EBIT	-	-1,847	-2,185	-1,566	-779.23	-500.5
EBIT Margin	-	-269.76%	-605.09%	-389.75%	-147.71%	-362.23%
Effective Tax Rate	-	-0.25%	-0.23%	-0.15%	0.00%	0.00%

SEC Filings: 10-K · 10-Q