WeRide (NASDAQ:WRD) Announces Quarterly Earnings Results

Posted by Brenda Bartman on Aug 14th, 2026

WeRide (NASDAQ:WRD – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported ($0.18) EPS for the quarter, FiscalAI reports. WeRide had a negative return on equity of 23.76% and a negative net margin of 199.09%.The company had revenue of $34.11 million during the quarter.

Here are the key takeaways from WeRide’s conference call:

Q2 financial performance improved sharply: Revenue rose 82% year over year and 103% quarter over quarter to RMB232 million, while gross margin expanded to a record 37.5% from 28.1% a year earlier. Net loss narrowed 1% and EBITDA loss narrowed 8.1% year over year.
Overseas expansion is accelerating through an asset-light model. Overseas revenue increased 164% year over year and represented nearly 40% of group revenue; the international Robotaxi fleet roughly doubled to about 400 vehicles, with operations spanning 12 countries and management targeting meaningful overseas growth and profitability by the end of 2026.
L2++/L3 ADAS commercialization is scaling rapidly: The company delivered approximately 30,000 equipped vehicles during Q2, with revenue increasing about 26 times year over year, and expects more than 100,000 installed units by year-end and over 500,000 cumulative deliveries next year. WeRide also announced an L3 proof-of-concept program with Mercedes-Benz.
WeRide remains significantly unprofitable and continues to invest heavily in technology. Q2 net loss was RMB401 million and R&D expense rose 36% year over year to RMB434 million; management expects positive cash flow in a single quarter by 2028 and full-year break-even in 2029.

WeRide Stock Performance

Shares of WeRide stock traded down $0.12 during trading on Friday, hitting $5.83. 748,998 shares of the stock were exchanged, compared to its average volume of 3,499,689. The stock has a market cap of $1.81 billion, a PE ratio of -7.78 and a beta of 1.89. The stock’s fifty day moving average is $5.92 and its 200 day moving average is $6.91. WeRide has a 12 month low of $5.18 and a 12 month high of $12.55.

Hedge Funds Weigh In On WeRide

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada increased its stake in shares of WeRide by 11.4% in the first quarter. Royal Bank of Canada now owns 17,288 shares of the company’s stock worth $140,000 after acquiring an additional 1,768 shares during the last quarter. NewEdge Advisors LLC bought a new position in shares of WeRide in the first quarter valued at approximately $27,000. First Trust Advisors LP grew its stake in WeRide by 16.4% in the 4th quarter. First Trust Advisors LP now owns 18,632 shares of the company’s stock valued at $162,000 after buying an additional 2,627 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in WeRide during the second quarter valued at about $30,000. Finally, Leonteq Securities AG bought a new position in shares of WeRide in the fourth quarter worth about $36,000.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on WRD. Weiss Ratings downgraded WeRide from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday. The Goldman Sachs Group began coverage on shares of WeRide in a report on Thursday, April 16th. They issued a “buy” rating for the company. Zacks Research cut WeRide from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Bank of America reissued a “buy” rating and set a $10.70 price objective on shares of WeRide in a research note on Friday. Finally, Wall Street Zen upgraded shares of WeRide from a “sell” rating to a “hold” rating in a research note on Sunday, June 21st. Six equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, WeRide has an average rating of “Moderate Buy” and a consensus target price of $12.32.

Get Our Latest Analysis on WeRide

WeRide Company Profile

(Get Free Report)

WeRide Inc (NASDAQ: WRD) is a developer of autonomous driving technology focused on providing Level 4 (L4) self-driving solutions for passenger mobility and logistics. The company’s full-stack platform integrates sensors, computing hardware, software algorithms and vehicle controls to enable driverless taxis, shuttles and goods delivery vehicles. By combining perception, planning and controls in a turnkey system, WeRide aims to accelerate the commercialization of robotaxi services and autonomous fleet operations.

Founded in 2017 and headquartered in Guangzhou, China, WeRide maintains research and development centers in Silicon Valley and China.