WeRide Inc. (WRD)

WeRide Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	684.59	361.13	401.84
Revenue Growth (YoY)	89.57%	-10.13%	-
Cost of Revenue	477.77	257.58	218.37
Gross Profit	206.82	110.72	183.48
Selling, General & Admin	669.69	1,192	666.82
Research & Development	1,372	1,091	1,058
Other Operating Expenses	11.71	12.17	24.47
Total Operating Expenses	2,054	2,296	1,750
Operating Income	-1,847	-2,185	-1,566
Interest Income	172.31	176.9	132.04
Interest Expense	-9.13	-3.45	-3.49
Other Non-Operating Income (Expense)	32.79	-499.21	-508.59
Total Non-Operating Income (Expense)	195.97	-325.76	-380.03
Pretax Income	-1,651	-2,511	-1,946
Provision for Income Taxes	4.1	5.87	2.87
Net Income	-1,655	-2,517	-1,949
Net Income to Common	-1,655	-2,517	-1,949
Shares Outstanding (Basic)	309	98	39
Shares Outstanding (Diluted)	309	98	39
Shares Change (YoY)	214.28%	150.66%	-
EPS (Basic)	-5.37	-25.62	-50.58
EPS (Diluted)	-5.37	-25.62	-50.58
Shares Outstanding	333.09	275.41	33.49
Free Cash Flow	-1,569	-677.6	-511.54
Free Cash Flow Per Share	-5.08	-6.90	-13.05
Gross Margin	30.21%	30.66%	45.66%
Operating Margin	-269.76%	-605.09%	-389.75%
Profit Margin	-241.74%	-696.92%	-485.04%
FCF Margin	-229.24%	-187.63%	-127.30%
EBITDA	-1,680	-2,084	-1,477
EBITDA Margin	-245.42%	-577.09%	-367.45%
EBIT	-1,847	-2,185	-1,566
EBIT Margin	-269.76%	-605.09%	-389.75%
Effective Tax Rate	-0.25%	-0.23%	-0.15%

Updated Mar 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q