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WeRide
(NASDAQ:WRD)
WeRide (WRD) vs. SPDR S&P 500 ETF (SPY)
WeRide Business Overview & Revenue Model
WeRide Earnings Call Summary
WeRide Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2017 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 882.60M | 361.13M | 401.84M | 527.54M | 138.17M | 427.19M |
| Gross Profit | 745.60M | 110.72M | 183.48M | 232.54M | 51.66M | 375.52M |
| EBITDA | 662.23M | -2.41B | -1.85B | -1.21B | -935.86M | 273.79M |
| Net Income | -104.28M | -2.52B | -1.95B | -1.30B | -1.01B | 49.88M |
Balance Sheet | ||||||
| Total Assets | 3.06B | 7.69B | 5.61B | 5.39B | 3.31B | 2.78B |
| Cash, Cash Equivalents and Short-Term Investments | 1.75M | 6.57B | 4.53B | 4.51B | 2.78B | 226.00K |
| Total Debt | 1.09B | 143.02M | 53.41M | 0.00 | 0.00 | 770.60M |
| Total Liabilities | 2.04B | 627.75M | 8.67B | 7.47B | 4.27B | 1.63B |
| Stockholders Equity | 1.03B | 7.07B | -3.05B | -2.08B | -966.11M | 1.15B |
Cash Flow | ||||||
| Free Cash Flow | -619.71M | -679.10M | -511.84M | -753.07M | -532.30M | -990.38M |
| Operating Cash Flow | 581.55M | -593.60M | -474.89M | -670.38M | -506.67M | 277.37M |
| Investing Cash Flow | -1.01B | 325.50M | -546.94M | -2.20B | 460.90M | -1.27B |
| Financing Cash Flow | 421.03M | 2.82B | 446.95M | 2.18B | 2.60B | 986.60M |
WeRide Technical Analysis
WeRide Risk Analysis
WeRide Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | 2.28B | 24.04 | 12.95% | ― | 13.02% | -2.57% | |
70 Outperform | 3.20B | 27.57 | -72.17% | ― | 13.29% | 79.98% | |
60 Neutral | 2.65B | -9.03 | -76.58% | ― | 26.24% | -94.81% | |
56 Neutral | 2.29B | -132.62 | 32.07% | ― | 13.67% | 84.35% | |
54 Neutral | 2.40B | -41.78 | -7.67% | ― | 17.47% | -544.72% | |
44 Neutral | $3.24B | ― | -130.17% | ― | ― | ― | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
WeRide Corporate Events
WeRide has announced its expansion into Belgium with the launch of its Robobus in Leuven, marking its 11th global market. The initiative, in collaboration with De Lijn and other partners, aims to integrate autonomous vehicles into Leuven’s transit network, with public road testing starting in mid-September 2025. The pilot project, expected to begin in mid-November and run through January 2026, is set to be Belgium’s first commercial deployment of autonomous vehicles in mixed traffic. This move is part of WeRide’s strategic growth in Europe, highlighting Belgium’s role as a mobility-focused innovation hub. The project aims to improve urban mobility and connectivity while preparing for fully driverless operations in the future.
On August 21, 2025, WeRide announced the launch of WePilot AiDrive, a one-stage end-to-end Advanced Driver Assistance System (ADAS) developed in collaboration with Bosch. This system integrates sensing and decision-making processes, allowing vehicles to respond more quickly and efficiently. With mass production and vehicle deployment expected later in 2025, WePilot AiDrive is designed to handle complex driving scenarios and improve safety and efficiency, potentially redefining the driving experience.
On August 15, 2025, WeRide announced a strategic equity investment from Grab, Southeast Asia’s leading superapp, to accelerate the deployment of Level 4 Robotaxis and shuttles in Southeast Asia. This partnership aims to integrate WeRide’s autonomous vehicles into Grab’s network, enhancing service and safety levels. The collaboration will focus on optimizing dispatch and routing, maximizing vehicle uptime, and training Grab driver-partners for future roles in the AV industry. This move is expected to bolster WeRide’s market presence in Southeast Asia and support its growth strategy.
WeRide Inc. announced its unaudited financial results for Q2 2025, revealing a significant 60.8% year-over-year revenue growth, driven by an 836.7% increase in robotaxi revenue. The company launched its High-performance Computing 3.0 Platform, reducing costs and enhancing scalability, and expanded its global operations with new robotaxi services in Saudi Arabia and Shanghai, marking a pivotal moment in its global expansion strategy.
On July 28, 2025, WeRide Inc. announced that its Robotaxi has secured Saudi Arabia’s first autonomous driving permit, making it the only technology company with such permits in six countries. This milestone allows WeRide to operate and deploy Robotaxis nationwide in Saudi Arabia, starting with pilot operations in Riyadh in collaboration with Uber and local partner Ai Driver. The permit, granted after rigorous testing and assessments, marks a significant step in WeRide’s global expansion, enabling large-scale deployment and new revenue streams in Saudi Arabia. WeRide has also been testing its Robobus and Robosweeper S1 in key locations in Saudi Arabia, further expanding its presence in the Middle East.
WeRide Inc. has launched Saudi Arabia’s first Robotaxi pilot service in Riyadh, marking a significant milestone in its expansion into the Middle Eastern market. This pilot, conducted under the oversight of the Transport General Authority, involves the deployment of autonomous vehicles on public roads, integrated with the Uber platform. This initiative aligns with Saudi Arabia’s Vision 2030, aiming to enhance mobility solutions and demonstrates WeRide’s technical prowess and strategic execution in new markets. The launch follows WeRide’s announcement in May 2025 of its entry into Saudi Arabia, where it also deployed Robobus and Robosweeper services, further establishing its footprint in the region.
On July 22, 2025, WeRide Inc. announced its continued global expansion and commercialization of autonomous driving technologies. The company highlighted its achievements in operating one of the largest autonomous vehicle fleets globally and its strategic partnerships that facilitate rapid expansion into new markets. WeRide’s focus on sustainable business growth and large-scale commercial operations positions it as a pioneer in the autonomous driving sector, with ongoing trials and commercial operations across various countries.
On July 21, 2025, WeRide Inc. announced the launch of its HPC 3.0 high-performance computing platform, developed in collaboration with Lenovo and powered by NVIDIA’s DRIVE AGX Thor chips. This platform, which debuts in WeRide’s Robotaxi GXR, is the world’s first mass-produced Level 4 autonomous vehicle using this technology. The HPC 3.0 platform significantly reduces costs and enhances system integration, paving the way for large-scale commercial deployment. It is certified to meet high safety and environmental standards, supporting WeRide’s expansion into international markets and furthering its goal of scaling its Robotaxi fleet worldwide.
On July 17, 2025, WeRide Inc. announced the launch of Southeast Asia’s first fully driverless Robobus operations at Resorts World Sentosa, Singapore. This milestone follows a year of safe service and extensive testing, marking a significant advancement in autonomous vehicle technology in the region. The Robobus, which operates on a fixed loop within the resort, has maintained a zero-incident safety record and is part of Singapore’s broader plan to integrate autonomous vehicles into its public transport network by the end of 2025. This development is expected to enhance public transportation and reflects WeRide’s commitment to collaborating with progressive governments to bring autonomous driving technology into real-world operations.
On July 16, 2025, WeRide Inc. announced plans to release its second quarter 2025 financial results on July 31, 2025, before the U.S. market opens. The announcement includes details of an earnings conference call scheduled for the same day, which will provide stakeholders with insights into the company’s financial performance. This release is significant as it may impact WeRide’s market positioning and investor relations, given its status as a leader in autonomous driving technology.
On July 2, 2025, WeRide Inc. announced that it has secured the first permit to road test autonomous logistics vehicles in Huangpu District, Guangzhou, for its Robovan W5. This achievement marks a significant step towards the large-scale commercialization of autonomous delivery solutions, following an earlier permit in Nansha District in April. The Robovan W5, designed for urban logistics, features advanced Level-4 autonomous driving technology and is equipped with a robust safety system. This development aligns with the strategic policy framework introduced by Guangzhou Development District and Huangpu District to support the deployment of autonomous technologies. As the global smart logistics sector is poised for rapid growth, WeRide is well-positioned to capitalize on this expanding market.