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WeRide (WRD) investor relations material

WeRide Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary31 Jul, 2025

Executive summary

  • Achieved global expansion with robotaxi launches and permits in Dubai, Riyadh, Shanghai, Abu Dhabi, and Singapore, now operating in 10 countries and over 30 cities.

  • Formed key partnerships with Uber, Lenovo, and Chery, and secured autonomous driving permits in six countries.

  • Launched proprietary HPC 3.0 platform with NVIDIA DRIVE AGX Thor, reducing system costs by 50% and enabling mass production of L4 vehicles.

  • Expanded multi-product strategy with robotaxi, robobus, robosweeper, and robovan, enhancing data collection and adaptability.

  • Maintained a strong safety record with over 14 million kilometers of autonomous driving and zero regulatory incidents over 2,200 days.

Financial highlights

  • Q2 revenue reached RMB127.2 million, up 60.8% year-over-year, driven by robust product and service growth.

  • Robotaxi revenue surged 836.7% year-over-year to RMB45.9 million, now 36.1% of total revenue.

  • Product revenue rose 309.6% year-over-year to RMB59.8 million, mainly from robotaxi and robosweeper sales.

  • Service revenue grew 4.3% year-over-year to RMB67.4 million, supported by intelligent data services and L4 operational support.

  • Group gross profit increased 40.6% to RMB35.7 million, with a gross margin of 28.1%.

Outlook and guidance

  • Plans to double ride volume and expand robotaxi fleet to hundreds of vehicles in Abu Dhabi by year-end.

  • Targeting expansion to 15 additional cities through Uber partnership and aiming for thousands of vehicles globally in 2026, subject to permits.

  • Expects robotaxi revenue to remain a major contributor as global scaling continues.

  • Focused on markets with strong unit economics, especially Middle East, Singapore, and Europe.

  • Management expects continued global expansion, especially in the Middle East and Southeast Asia, with commercial robotaxi launches planned in new markets.

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Frequently asked questions

WeRide Inc. is a global autonomous driving technology company specializing in the development of Level 2 to Level 4 autonomous solutions for various vehicle types, including robotaxis, robobuses, robovans, and robosweepers. The company integrates full-stack software algorithms, modular hardware solutions, and cloud-based infrastructure to provide comprehensive autonomous driving platforms. WeRide conducts research, development, testing, and operations across multiple countries. The company is headquartered in Guangzhou, China, and its shares are listed on the NASDAQ.

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