NASDAQ$WRD
WeRide Inc · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
WeRide reported Q1 2026 revenue of $16.5M (+58% YoY) with an operating loss of $62.5M as robotaxi fleet scale expanded.
For the first quarter ended March 31, 2026, WeRide reported total revenue of RMB114.1 million (US$16.5 million), up 57.6% year over year, with product revenue up 115.8% and service revenue up 49.0%. Gross profit was RMB39.6 million (34.7% margin). Operating loss narrowed 1.2% to RMB431.0 million (US$62.5 million). Cash and time deposits totaled RMB6.22 billion (US$902.4 million) at quarter end as the global AV fleet reached roughly 2,800 vehicles.
- Revenue of US$16.5M (+58% YoY); gross margin 34.7%.
- Operating loss US$62.5M, down 1.2% YoY.
- Robotaxi fleet ~1,300 vehicles globally as of April 2026.
- WRD 3.0 ADAS solution won fourth consecutive China urban driving championship.
Headline financials
Revenue & EPS history
WeRide Inc · Revenue · Quarterly
$16.5M
Forward guidance
Management highlighted robotaxi expansion into another Tier-1 China city in 2026 and plans to deploy 1,200 robotaxis across Abu Dhabi, Dubai and Riyadh by 2027, without numeric group revenue guidance.
Tailwinds
- Fleet scale and utilization rising (17+ daily orders per vehicle, peaks of 28).
- L2++ OEM design wins across nearly 30 vehicle models.
Headwinds
- R&D spend remains elevated at RMB363.3M in the quarter.
- Heavy investment phase before full robotaxi profitability.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 4 quarterly earnings reports · overlaid with Q1 2026
+6.4%
Avg return
Earnings day
-3.7%
Avg return
5 days after
-10.0%
Avg return
30 days after
50%
3 / 6 earnings
Positive
+21.4%
Q1 2025
Best reaction
-10.3%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.7% | -8.8% | -19.4% | |
| Q3 2025 | +16.8% | +14.4% | +22.6% | |
| H1 2025 | -1.8% | -7.2% | +0.1% | |
| Q1 2025 | +21.4% | +7.8% | -11.1% | |
| Q4 2024 | +13.1% | -13.7% | -53.1% | |
| Q3 2024 | -10.3% | -14.6% | +0.9% | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q4 2015 | — | — | — |
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