WeRide Inc. (Stock Code: 0800) Reports Q3 2025 Results with 144.3% Revenue Surge and Global Robotaxi Expansion

Bulletin Express11-24

WeRide Inc. (Stock Code: 0800) released unaudited financial results for the third quarter ended September 30, 2025. During the quarter, total revenue rose 144.3% year-over-year to RMB171.0 million (US$24.0 million), with product revenue increasing 428.0% year-over-year to RMB79.2 million (US$11.1 million) and service revenue up 66.9% year-over-year to RMB91.8 million (US$12.9 million). Robotaxi revenue jumped 761.0% year-over-year to RMB35.3 million (US$5.0 million), accounting for 20.7% of total revenue, compared with 5.8% in the same period last year.

Gross profit reached RMB56.3 million (US$7.9 million) with a margin of 32.9%, representing a significant increase from 6.5% in the prior-year period. The announcement records a net loss of RMB307.3 million (US$43.2 million), noticeably lower than the RMB1,042.7 million net loss in the same quarter of 2024. As of September 30, 2025, the company held RMB5.4 billion (US$764.1 million) in cash, cash equivalents, time deposits, restricted cash, and investments in wealth management products.

The report highlights WeRide’s successful entry into new markets and additional regulatory milestones, including a city-level, fully driverless robotaxi commercial permit in Abu Dhabi and additional authorizations for its autonomous vehicle fleet across eight countries. Commercial operations proceeded in regions such as Belgium, Saudi Arabia, and Hong Kong, while pilot operations and testing have commenced in cities including Zurich, Dubai, and Singapore. The company also noted the official “Start of Production” for its one-stage end-to-end L2+ solution, developed jointly with Bosch, to be rolled out in selected passenger car models.

In November 2025, WeRide completed its dual primary listing on the Hong Kong Stock Exchange, supplementing its Nasdaq listing. The company’s management underscored both the robust quarterly performance and continued progress toward scaling its autonomous fleets and solutions globally. The expanded geographical footprint, alongside new and existing regulatory approvals, is expected to support ongoing growth in the robotaxi and broader autonomous driving market.

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