WeRide Doubles Down On Driverless Dream With 123% Revenue Spike

WeRide Inc. (NASDAQ:WRD) on Monday reported fourth-quarter fiscal 2025 results, highlighting strong revenue growth and continued global expansion in autonomous mobility. Details Total revenue rose significantly by 123.0% year over year (Y/Y) at 314 million Chinese yuan ($44.9 million). Gross profit surged to 89.5 million yuan ($12.8 million) from 51.4 million yuan a year ago quarter, with gross margin contracting to 28.5% from 36.5% in the prior year quarter. In USD, loss per ADS came in at 24 cents versus 33 cents in the prior year quarter. As of Dec. 31, 2025, WeRide held 6.97 billion yuan ($996.4 million) in cash, cash equivalents, and time deposits. The board approved a $100 million share buyback of Class A shares (including ADSs) over 12 months, subject to shareholder approval. Segment Performance Product revenue jumped 308.9% Y/Y to 211.4 million yuan ($30.2 million), driven by higher revenue from robotaxi and robobus sales. Also, Service revenue grew 15.2% Y/Y to 102.6 million yuan ($14.7 million), aided by growth in intelligent data services and autonomous driving operational and technical support. Robotaxi revenue escalated 66.4% Y/Y to 50.6 million yuan ($7.2 million) in the quarter. Management Commentary Tony Han, WeRide’s Founder, Chairman, and Chief Executive Officer, stated, “Our robotaxi business achieved significant milestones during the reporting period, reflecting the growing adoption of autonomous mobility. In China, our registered users have grown quarter over quarter significantly throughout 2025, demonstrating increasing public acceptance of our services.” “Internationally, we are rolling out a citywide fully driverless robotaxi service in Abu Dhabi, marking a major step toward integrating autonomous transportation into everyday urban mobility. With a pipeline of AV deployments across 12 countries, we are building a leading global platform for autonomous mobility.” WRD Price Action: WeRide shares were up 4.92% at $6.66 at the time of publication on Monday, according to Benzinga Pro data. Photo by Tada Images via Shutterstock