ATRenew Inc. (RERE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
ATRenew Inc. (RERE) stock price & volume — 10-year historical chart
ATRenew Inc. (RERE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
ATRenew Inc. (RERE) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 11, 2026 | $0.08vs $0.07+14.3% | $894Mvs $875M+2.2% |
| Q4 2025 | Nov 20, 2025 | $0.07vs $0.06+16.7% | $724Mvs $718M+0.9% |
| Q3 2025 | Aug 20, 2025 | $0.06vs $0.05+20.0% | $696Mvs $713M-2.4% |
| Q2 2025 | May 20, 2025 | $0.05vs $0.05+0.0% | $638Mvs $668M-4.5% |
ATRenew Inc. (RERE) competitors in Resale, Thrift and Liquidation Retail — business model, growth, and fundamentals comparison
ATRenew Inc. (RERE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ATRenew Inc. (RERE) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 3.26B | 3.93B | 4.86B | 7.78B | 9.87B | 12.97B | 16.33B | 18.54B |
| Revenue Growth % | - | 20.55% | 23.56% | 60.15% | 26.85% | 31.37% | 25.93% | 27.33% |
| Cost of Goods Sold | 2.8B | 3.18B | 3.61B | 5.74B | 7.6B | 10.34B | 13.09B | 14.74B |
| COGS % of Revenue | 85.89% | 80.79% | 74.32% | 73.72% | 76.97% | 79.74% | 80.15% | - |
| Gross Profit | 460.09M▲ 0% | 755.46M▲ 64.2% | 1.25B▲ 65.2% | 2.04B▲ 63.9% | 2.27B▲ 11.1% | 2.63B▲ 15.6% | 3.24B▲ 23.4% | 3.8B▲ 0% |
| Gross Margin % | 14.11% | 19.21% | 25.68% | 26.28% | 23.03% | 20.26% | 19.85% | 20.48% |
| Gross Profit Growth % | - | 64.2% | 65.17% | 63.88% | 11.15% | 15.58% | 23.41% | - |
| Operating Expenses | 716.55M | 1.49B | 1.71B | 2.94B | 4.9B | 2.8B | 3.21B | 3.55B |
| OpEx % of Revenue | 21.97% | 37.83% | 35.13% | 37.79% | 49.61% | 21.6% | 19.68% | - |
| Selling, General & Admin | 672.49M | 1.37B | 918.08M | 1.64B | 1.77B | 1.52B | 1.67B | 1.8B |
| SG&A % of Revenue | 20.62% | 34.74% | 18.9% | 21.08% | 17.9% | 11.7% | 10.25% | - |
| Research & Development | 65.76M | 142.86M | 151.54M | 264.56M | 227.81M | 195.68M | 210.36M | 227.73M |
| R&D % of Revenue | 2.02% | 3.63% | 3.12% | 3.4% | 2.31% | 1.51% | 1.29% | - |
| Other Operating Expenses | -21.7M | -21.41M | 636.92M | 1.04B | 2.9B | 1.09B | 1.33B | 4M |
| Operating Income | -256.46M▲ 0% | -731.81M▼ 185.3% | -458.78M▲ 37.3% | -895.07M▼ 95.1% | -2.62B▼ 193.1% | -173.34M▲ 93.4% | 28.97M▲ 116.7% | 241.36M▲ 0% |
| Operating Margin % | -7.86% | -18.61% | -9.44% | -11.5% | -26.58% | -1.34% | 0.18% | 1.3% |
| Operating Income Growth % | - | -185.35% | 37.31% | -95.1% | -193.12% | 93.39% | 116.71% | - |
| EBITDA | -218.34M | -497.13M | -98M | -521.33M | -2.22B | 160.39M | 362.7M | 501.42M |
| EBITDA Margin % | -6.69% | -12.64% | -2.02% | -6.7% | -22.48% | 1.24% | 2.22% | 2.71% |
| EBITDA Growth % | - | -127.69% | 80.29% | -431.99% | -325.5% | 107.23% | 126.13% | 49.29% |
| D&A (Non-Cash Add-back) | 38.12M | 234.67M | 360.78M | 373.75M | 405.41M | 333.73M | 333.73M | 260.06M |
| EBIT | -202.83M | -720.41M | -489.32M | -895.07M | -2.57B | -141.35M | 28.97M | 253.84M |
| Net Interest Income | 1.74M | -4.58M | -11.77M | -8.41M | 11.62M | 30.82M | 11.85M | 16.04M |
| Interest Income | 8.27M | 7.81M | 9.32M | 8.37M | 17.78M | 37.88M | 26.86M | 26.77M |
| Interest Expense | 6.54M | 12.4M | 21.09M | 16.78M | 6.16M | 7.06M | 15.02M | 10.73M |
| Other Income/Expense | 47.1M | -3.2M | -59.16M | -65.34M | 43.94M | -25.44M | -94.08M | -45.72M |
| Pretax Income | -209.36M▲ 0% | -735.01M▼ 251.1% | -517.94M▲ 29.5% | -960.41M▼ 85.4% | -2.58B▼ 168.6% | -198.78M▲ 92.3% | -65.11M▲ 67.2% | 195.64M▲ 0% |
| Pretax Margin % | -6.42% | -18.69% | -10.66% | -12.34% | -26.14% | -1.53% | -0.4% | 1.06% |
| Income Tax | -1.92M | -30.12M | -47.32M | -143.86M | -111.78M | -42.53M | -56.88M | -14.72M |
| Effective Tax Rate % | 0.92% | 4.1% | 9.14% | 14.98% | 4.33% | 21.4% | 87.36% | -7.52% |
| Net Income | -207.94M▲ 0% | -704.89M▼ 239.0% | -470.62M▲ 33.2% | -816.55M▼ 73.5% | -2.47B▼ 202.2% | -156.25M▲ 93.7% | -8.23M▲ 94.7% | 210.36M▲ 0% |
| Net Margin % | -6.38% | -17.93% | -9.69% | -10.5% | -25.01% | -1.21% | -0.05% | 1.13% |
| Net Income Growth % | - | -238.98% | 33.24% | -73.51% | -202.24% | 93.67% | 94.73% | 245.13% |
| Net Income (Continuing) | -207.94M | -704.89M | -470.62M | -816.55M | -2.47B | -156.25M | -8.23M | 210.36M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -37.32▲ 0% | -56.18▼ 50.5% | -63.01▼ 12.2% | -9.17▲ 85.4% | -10.11▼ 10.3% | -0.64▲ 93.7% | -0.03▲ 94.7% | 0.57▲ 0% |
| EPS Growth % | - | -50.54% | -12.16% | 85.45% | -10.25% | 93.67% | 94.7% | 216.98% |
| EPS (Basic) | -37.32 | -56.18 | -63.01 | -9.17 | -10.11 | -0.64 | -0.03 | - |
| Diluted Shares Outstanding | 29.11M | 28.17M | 28.17M | 144.46M | 244.23M | 243.24M | 242.43M | 369.48M |
| Basic Shares Outstanding | 5.57M | 12.55M | 7.47M | 89.01M | 244.19M | 243.24M | 242.43M | 367.02M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
ATRenew Inc. (RERE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.06B | 1.09B | 1.87B | 4.15B | 3.89B | 4.53B | 4.17B | 4.3B |
| Cash & Short-Term Investments | 673.15M | 553.19M | 1.03B | 1.89B | 2.52B | 2.43B | 2.61B | 1.92B |
| Cash Only | 665.56M | 410.78M | 918.08M | 1.36B | 1.7B | 1.98B | 1.97B | 1.3B |
| Short-Term Investments | 7.59M | 142.41M | 115.42M | 537.35M | 818.03M | 452.04M | 643.57M | 625.71M |
| Accounts Receivable | 6.21M | 1.4M | 12.34M | 16.29M | 148.26M | 40.76M | 43.3M | 1.46B |
| Days Sales Outstanding | 0.7 | 0.13 | 0.93 | 0.76 | 5.48 | 1.15 | 0.97 | 19.52 |
| Inventory | 75.22M | 65.56M | 176.99M | 478.75M | 433.47M | 1.02B | 535.07M | 814.11M |
| Days Inventory Outstanding | 9.8 | 7.53 | 17.89 | 30.47 | 20.83 | 35.91 | 14.92 | 17.11 |
| Other Current Assets | 304.95M | 474.76M | 651.81M | 1.76B | 786.79M | 1.04B | 977.24M | 104.2M |
| Total Non-Current Assets | 170.94M | 3.69B | 3.35B | 3.35B | 1.16B | 966.36M | 921.37M | 896.36M |
| Property, Plant & Equipment | 67.54M | 99.22M | 69.56M | 173.46M | 118.6M | 204.17M | 284.36M | 197.19M |
| Fixed Asset Turnover | 48.29x | 39.63x | 69.84x | 44.85x | 83.22x | 63.51x | 57.42x | 90.62x |
| Goodwill | 0 | 1.8B | 1.8B | 1.8B | 0 | 0 | 0 | 0 |
| Intangible Assets | 18.99M | 1.68B | 1.37B | 1.08B | 544.65M | 270.63M | 56.6M | 12.21M |
| Long-Term Investments | 71.22M | 89.3M | 96.36M | 241.53M | 219.58M | 467.1M | 556.14M | 2.16B |
| Other Non-Current Assets | 13.2M | 15.64M | 14.52M | 57.71M | 275.74M | 24.47M | 24.27M | 489M |
| Total Assets | 1.23B▲ 0% | 4.79B▲ 288.9% | 5.23B▲ 9.2% | 7.5B▲ 43.6% | 5.05B▼ 32.7% | 5.49B▲ 8.8% | 5.09B▼ 7.3% | 5.2B▲ 0% |
| Asset Turnover | 2.65x | 0.82x | 0.93x | 1.04x | 1.95x | 2.36x | 3.21x | 3.60x |
| Asset Growth % | - | 288.91% | 9.21% | 43.56% | -32.71% | 8.8% | -7.32% | 0.48% |
| Total Current Liabilities | 590.7M | 755.09M | 1.18B | 824.66M | 1.02B | 1.69B | 1.31B | 1.33B |
| Accounts Payable | 42.7M | 35.74M | 27.2M | 41.31M | 73.33M | 532.29M | 171.36M | 139.98M |
| Days Payables Outstanding | 5.56 | 4.11 | 2.75 | 2.63 | 3.52 | 18.79 | 4.78 | 3.52 |
| Short-Term Debt | 333.66M | 361.63M | 563.08M | 95M | 123.98M | 349.93M | 225M | 171M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 104.22M |
| Other Current Liabilities | 157.41M | 241.87M | 477.86M | 546.62M | 646.04M | 629.36M | 680.95M | 0 |
| Current Ratio | 1.79x | 1.45x | 1.58x | 5.03x | 3.81x | 2.68x | 3.19x | 3.19x |
| Quick Ratio | 1.67x | 1.36x | 1.43x | 4.45x | 3.38x | 2.07x | 2.78x | 2.78x |
| Cash Conversion Cycle | 4.93 | 3.56 | 16.07 | 28.6 | 22.79 | 18.26 | 11.11 | 33.1 |
| Total Non-Current Liabilities | 2.5B | 7.47B | 9.25B | 257.64M | 144.84M | 90.15M | 89.18M | 75.79M |
| Long-Term Debt | 0 | 0 | 32.62M | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 34.5M | 33.52M | 22.5M | 79.93M | 309.89M |
| Deferred Tax Liabilities | 0 | 0 | 341.96M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3.47M | 389.28M | 8.88B | 223.14M | 111.31M | 67.66M | 9.24M | 59.2M |
| Total Liabilities | 3.09B | 8.22B | 10.44B | 1.08B | 1.17B | 1.78B | 1.4B | 1.41B |
| Total Debt | 333.66M | 361.63M | 595.7M | 165.45M | 203.93M | 405.94M | 354.93M | 244.21M |
| Net Debt | -331.9M | -49.15M | -322.37M | -1.19B | -1.5B | -1.57B | -1.62B | -1.05B |
| Debt / Equity | - | - | - | 0.03x | 0.05x | 0.11x | 0.10x | 0.10x |
| Debt / EBITDA | - | - | - | - | - | 2.53x | 0.98x | 0.49x |
| Net Debt / EBITDA | - | - | - | - | - | -9.81x | -4.45x | -4.45x |
| Interest Coverage | -39.24x | -59.03x | -21.75x | -53.35x | -425.71x | -24.57x | 1.93x | 23.67x |
| Total Equity | -1.86B▲ 0% | -3.44B▼ 85.3% | -5.21B▼ 51.5% | 6.42B▲ 223.2% | 3.88B▼ 39.5% | 3.71B▼ 4.4% | 3.69B▼ 0.5% | 3.79B▲ 0% |
| Equity Growth % | - | -85.32% | -51.55% | 223.19% | -39.54% | -4.38% | -0.46% | 1.69% |
| Book Value per Share | -63.75 | -122.06 | -184.98 | 44.45 | 15.89 | 15.26 | 15.24 | 10.26 |
| Total Shareholders' Equity | -1.86B | -3.44B | 3.67B | 6.42B | 3.88B | 3.71B | 3.69B | 3.79B |
| Common Stock | 11K | 11K | 11K | 921K | 921K | 921K | 953K | 3.79B |
| Retained Earnings | -1.86B | -3.44B | -5.21B | -6.54B | -9.01B | -9.16B | -9.17B | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | -217.92M | -377.99M | -483.81M | 0 |
| Accumulated OCI | 10K | -358K | 2.08M | 4.32M | -25.71M | -16.82M | -9.47M | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ATRenew Inc. (RERE) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -358.02M | -410.79M | -412.87M | -1.02B | 881.3M | 243.9M | 642.81M | 642.81M |
| Operating CF Margin % | -10.98% | -10.45% | -8.5% | -13.08% | 8.93% | 1.88% | 3.94% | - |
| Operating CF Growth % | - | -14.74% | -0.5% | -146.56% | 186.57% | -72.33% | 163.56% | 0% |
| Net Income | -207.94M | -704.89M | -470.62M | -816.55M | -2.47B | -156.25M | -8.23M | 210.36M |
| Depreciation & Amortization | 38.12M | 234.67M | 360.78M | 373.75M | 405.41M | 333.73M | 267.06M | 0 |
| Stock-Based Compensation | 0 | 0 | 0 | 454.55M | 174.24M | 134.4M | 166.74M | 92.25M |
| Deferred Taxes | 0 | 0 | 0 | 56.75M | -111.83M | 0 | 0 | 0 |
| Other Non-Cash Items | -46.45M | 14.17M | 67.57M | 40.16M | 2.29B | 188.1M | 184.5M | -302.69M |
| Working Capital Changes | -141.75M | 45.26M | -370.6M | -1.13B | 595.41M | -256.08M | 32.74M | 0 |
| Change in Receivables | -129.71M | 72.42M | -203.31M | -870.57M | 630.79M | 33.71M | -44.28M | 0 |
| Change in Inventory | -27.12M | 9.92M | -111.44M | -304.38M | 36.41M | -629.44M | 461.55M | 0 |
| Change in Payables | 17M | -6.97M | -8.54M | 14.11M | 14.47M | 458.96M | -360.94M | 0 |
| Cash from Investing | -109.27M | -304.35M | 18.63M | -670.4M | -516.68M | 172.01M | -424.4M | 0 |
| Capital Expenditures | -64.28M | -103.31M | -37.84M | -73.92M | -61.46M | -85.18M | 0 | 0 |
| CapEx % of Revenue | 1.97% | 2.63% | 0.78% | 0.95% | 0.62% | 0.66% | 0.37% | - |
| Acquisitions | -52.26M | -5.81M | -20M | 2.9M | 29.87M | 1.24M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | -13.4M | -60.62M | 50.67M | 29.61M | -1.48M | 6.47M | -424.4M | 0 |
| Cash from Financing | 904.02M | 455.75M | 929.96M | 2.29B | -186.04M | 68.7M | -307.71M | 0 |
| Debt Issued (Net) | 0 | -12.03M | 234.03M | -307.27M | 29.01M | 225.95M | -124.93M | 0 |
| Equity Issued (Net) | 1000K | 0 | 1000K | 1000K | -1000K | -1000K | -1000K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -22.08M | 0 | 0 | 0 | -217.92M | -160.07M | -184.29M | 0 |
| Other Financing | -53.44M | 467.78M | -1.78M | -30.2M | 2.86M | 2.82M | 1.52M | 0 |
| Net Change in Cash | 469.91M▲ 0% | -254.88M▼ 154.2% | 507.29M▲ 299.0% | 588.27M▲ 16.0% | 196.98M▼ 66.5% | 487.07M▲ 147.3% | -88.01M▼ 118.1% | 0▲ 0% |
| Free Cash Flow | -422.31M▲ 0% | -514.11M▼ 21.7% | -450.71M▲ 12.3% | -1.09B▼ 142.3% | 819.83M▲ 175.1% | 158.72M▼ 80.6% | 582.95M▲ 267.3% | 0▲ 0% |
| FCF Margin % | -12.95% | -13.08% | -9.28% | -14.03% | 8.31% | 1.22% | 3.57% | - |
| FCF Growth % | - | -21.74% | 12.33% | -142.26% | 175.08% | -80.64% | 267.29% | - |
| FCF per Share | -14.51 | -18.25 | -16.00 | -7.56 | 3.36 | 0.65 | 2.40 | 2.40 |
| FCF Conversion (FCF/Net Income) | 1.72x | 0.58x | 0.88x | 1.25x | -0.36x | -1.56x | -78.11x | 0.00x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ATRenew Inc. (RERE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -135.1% | -47.91% | -4.12% | -0.22% | 5.55% |
| Return on Invested Capital (ROIC) | - | - | -12.84% | -51.7% | -5.75% | 1.03% | 1.03% |
| Gross Margin | 19.21% | 25.68% | 26.28% | 23.03% | 20.26% | 19.85% | 20.48% |
| Net Margin | -17.93% | -9.69% | -10.5% | -25.01% | -1.21% | -0.05% | 1.13% |
| Debt / Equity | - | - | 0.03x | 0.05x | 0.11x | 0.10x | 0.10x |
| Interest Coverage | -59.03x | -21.75x | -53.35x | -425.71x | -24.57x | 1.93x | 23.67x |
| FCF Conversion | 0.58x | 0.88x | 1.25x | -0.36x | -1.56x | -78.11x | 0.00x |
| Revenue Growth | 20.55% | 23.56% | 60.15% | 26.85% | 31.37% | 25.93% | 27.33% |
ATRenew Inc. (RERE) stock FAQ — growth, dividends, profitability & financials explained
ATRenew Inc. (RERE) reported $18.54B in revenue for fiscal year 2024. This represents a 468% increase from $3.26B in 2018.
ATRenew Inc. (RERE) grew revenue by 25.9% over the past year. This is strong growth.
Yes, ATRenew Inc. (RERE) is profitable, generating $210.4M in net income for fiscal year 2024 (-0.1% net margin).
ATRenew Inc. (RERE) has a return on equity (ROE) of -0.2%. Negative ROE indicates the company is unprofitable.
ATRenew Inc. (RERE) generated $583.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
ATRenew Inc. (RERE) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates