WeRide Inc.(WRD)Earnings, Financials & Key Ratios
WRD•NASDAQ
$7.71
$2.5B mkt cap·Price updated May 6, 2026
AboutWeRide, Inc. engages in the development of an autonomous driving technology platform. It offers Robotaxi, Robobus, Robovan, Robosweeper, and advanced driving solutions, providing smart services in online ride-hailing, on-demand transport, urban logistics, and environmental sanitation. The company was founded by Xu Han and Yan Li in February 2017 and is headquartered in Guangzhou, China.Show more
- Revenue$361M-10.1%
- EBITDA-$2.08B-41.1%
- Net Income-$2.52B-29.1%
- EPS (Diluted)-9.15-24.0%
- Gross Margin30.66%-32.9%
- EBITDA Margin-577.09%-57.0%
- Operating Margin-605.09%-55.2%
- Net Margin-696.92%-43.7%
- ROE-125.4%
- ROIC-55.73%
- Debt/Equity0.02
- Interest Coverage-780.14-42.1%
WRD Key Insights
WeRide Inc. (WRD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
✗Weaknesses
- ✗Weak Piotroski F-Score: 2/9
- ✗Negative free cash flow
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
WRD Price & Volume
WeRide Inc. (WRD) stock price & volume — 10-year historical chart
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WRD Growth Metrics
WeRide Inc. (WRD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years37.75%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years-73.33%
5 Years-73.33%
3 Years-92.34%
Last Year-104.7%
WRD Recent Earnings
WeRide Inc. (WRD) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 0/10 qtrs (0%)●Beat Revenue 1/10 qtrs (50%)
Q2 2026Latest
Mar 23, 2026EPS
$0.24
Est $0.14
-67.6%
Revenue
$45M
Est $35M
+30.0%
Q4 2025
Nov 24, 2025EPS
$0.15
Revenue
$24M
Est $271M
-91.1%
Q3 2025
Jul 31, 2025EPS
$0.18
Revenue
$18M
Q2 2025
May 21, 2025EPS
$0.13
Revenue
$10M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 23, 2026 | $0.24vs $0.14-67.6% | $45Mvs $35M+30.0% |
| Q4 2025 | Nov 24, 2025 | $0.15 | $24Mvs $271M-91.1% |
| Q3 2025 | Jul 31, 2025 | $0.18 | $18M |
| Q2 2025 | May 21, 2025 | $0.13 | $10M |
Based on last 10 quarters of dataView full earnings history →
WRD Peer Comparison
WeRide Inc. (WRD) competitors in Vertical software and industry platforms — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 MBLY | 7.39B | 9.07 | -18.90 | 14.51% | -203.97% | -37.31% | ||
 LAZR | 1.95M | 0.06 | -0.01 | 8.05% | -308.45% | |||
 RBOT | 2.72M | 0.42 | -0.05 | -333.19% | 0.79 | |||
 INVZ | 127.3M | 0.75 | -2.21 | 127% | -123.06% | -87.23% | 0.83 | |
 OUST | 1.87B | 29.40 | -27.47 | 52.46% | -30.12% | -22.2% | 0.07 | |
 LIDR | 92.81M | 2.06 | -1.40 | 15.35% | -145.74% | -72.75% | 0.00 | |
 AEVA | 1.04B | 16.57 | -6.50 | 99.44% | -6.94% | -258.38% | 7.75 | |
 NVDA | 5.05T | 207.67 | 42.38 | 65.47% | 55.6% | 76.33% | 0.07 |
Compare WRD vs Peers
WeRide Inc. (WRD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WRD Income Statement
WeRide Inc. (WRD) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Sales/Revenue | 138.17M | 527.54M | 401.84M | 361.13M | - |
| Revenue Growth % | - | 281.8% | -23.83% | -10.13% | - |
| Cost of Goods Sold | 86.51M | 295M | 218.37M | 250.42M | - |
| COGS % of Revenue | 62.61% | 55.92% | 54.34% | 69.34% | - |
| Gross Profit | 51.66M▲ 0% | 232.54M▲ 350.1% | 183.48M▼ 21.1% | 110.72M▼ 39.7% | -▲ 0% |
| Gross Margin % | 37.39% | 44.08% | 45.66% | 30.66% | - |
| Gross Profit Growth % | - | 350.15% | -21.1% | -39.66% | - |
| Operating Expenses | 552.16M | 1.01B | 1.75B | 2.3B | - |
| OpEx % of Revenue | 399.62% | 191.79% | 435.41% | 635.75% | - |
| Selling, General & Admin | 119.34M | 260.81M | 666.82M | 1.19B | - |
| SG&A % of Revenue | 86.37% | 49.44% | 165.94% | 330.17% | - |
| Research & Development | 443.18M | 758.57M | 1.06B | 1.09B | - |
| R&D % of Revenue | 320.74% | 143.79% | 263.38% | 302.2% | - |
| Other Operating Expenses | -10.37M | -7.6M | 24.47M | 12.17M | - |
| Operating Income | -500.5M▲ 0% | -779.23M▼ 55.7% | -1.57B▼ 101.0% | -2.19B▼ 39.5% | -▲ 0% |
| Operating Margin % | -362.23% | -147.71% | -389.75% | -605.09% | - |
| Operating Income Growth % | - | -55.69% | -100.99% | -39.52% | - |
| EBITDA | -434.67M | -692.68M | -1.48B | -2.08B | - |
| EBITDA Margin % | -314.59% | -131.3% | -367.45% | -577.09% | - |
| EBITDA Growth % | - | -59.36% | -113.17% | -41.14% | - |
| D&A (Non-Cash Add-back) | 65.82M | 86.55M | 89.61M | 101.13M | - |
| EBIT | -1B | -1.29B | -1.94B | -2.51B | - |
| Net Interest Income | 24.2M | 32.54M | 129.19M | 174.1M | - |
| Interest Income | 29.77M | 36.11M | 132.04M | 176.9M | - |
| Interest Expense | 5.57M | 3.57M | 2.85M | 2.8M | - |
| Other Income/Expense | -506.75M | -519.27M | -380.03M | -325.76M | - |
| Pretax Income | -1.01B▲ 0% | -1.3B▼ 28.9% | -1.95B▼ 49.9% | -2.51B▼ 29.0% | -▲ 0% |
| Pretax Margin % | -728.98% | -246.14% | -484.33% | -695.29% | - |
| Income Tax | 0 | 0 | 2.87M | 5.87M | - |
| Effective Tax Rate % | 0% | 0% | -0.15% | -0.23% | - |
| Net Income | -1.01B▲ 0% | -1.3B▼ 28.9% | -1.95B▼ 50.1% | -2.52B▼ 29.1% | -▲ 0% |
| Net Margin % | -728.98% | -246.14% | -485.04% | -696.92% | - |
| Net Income Growth % | - | -28.91% | -50.1% | -29.13% | - |
| Net Income (Continuing) | -1.01B | -1.3B | -1.95B | -2.52B | - |
| Discontinued Operations | 0 | 0 | 0 | 0 | - |
| Minority Interest | 0 | 0 | 0 | 0 | - |
| EPS (Diluted) | -3.75▲ 0% | -4.83▼ 28.8% | -7.38▼ 52.8% | -9.15▼ 24.0% | -▲ 0% |
| EPS Growth % | - | -28.8% | -52.8% | -23.98% | - |
| EPS (Basic) | -3.75 | -4.83 | -7.38 | -9.15 | - |
| Diluted Shares Outstanding | 269.42M | 268.04M | 268.04M | 275.4M | 275.4M |
| Basic Shares Outstanding | 269.42M | 268.04M | 268.04M | 275.4M | 275.4M |
| Dividend Payout Ratio | - | - | - | - | - |
WRD Balance Sheet
WeRide Inc. (WRD) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Total Current Assets | 3.02B | 5.07B | 5.37B | 7.29B | - |
| Cash & Short-Term Investments | 2.78B | 4.51B | 4.53B | 6.57B | 4.27B |
| Cash Only | 2.73B | 2.23B | 1.66B | 4.27B | 4.27B |
| Short-Term Investments | 53.8M | 2.28B | 2.87B | 2.31B | - |
| Accounts Receivable | 90.22M | 391.23M | 563.18M | 437.34M | - |
| Days Sales Outstanding | 238.34 | 270.69 | 511.54 | 442.02 | - |
| Inventory | 114.55M | 156M | 218.22M | 204.71M | - |
| Days Inventory Outstanding | 483.31 | 193.02 | 364.75 | 298.37 | - |
| Other Current Assets | 3.01M | 1.39M | 10.19M | 4.81M | - |
| Total Non-Current Assets | 286.99M | 311.92M | 244.24M | 405.77M | - |
| Property, Plant & Equipment | 193.65M | 201.11M | 171.06M | 271.21M | - |
| Fixed Asset Turnover | 0.71x | 2.62x | 2.35x | 1.33x | - |
| Goodwill | 44.76M | 44.76M | 44.76M | 44.76M | - |
| Intangible Assets | 30.99M | 28.6M | 24.59M | 21.66M | - |
| Long-Term Investments | 0 | 0 | 0 | 56.92M | - |
| Other Non-Current Assets | 13.6M | 34.45M | 1.82M | 10.23M | - |
| Total Assets | 3.31B▲ 0% | 5.39B▲ 62.9% | 5.61B▲ 4.2% | 7.69B▲ 37.0% | 7.69B▲ 0% |
| Asset Turnover | 0.04x | 0.10x | 0.07x | 0.05x | - |
| Asset Growth % | - | 62.87% | 4.25% | 37.04% | - |
| Total Current Liabilities | 234.34M | 361.85M | 8.59B | 542.49M | - |
| Accounts Payable | 15.95M | 11.51M | 16.96M | 20.71M | - |
| Days Payables Outstanding | 67.29 | 14.24 | 28.35 | 30.19 | - |
| Short-Term Debt | 0 | 0 | 0 | 30.02M | - |
| Deferred Revenue (Current) | 3.82M | 143.31M | 188.92M | 189.02M | - |
| Other Current Liabilities | 74.36M | 72.11M | 8.18B | 41.1M | - |
| Current Ratio | 12.89x | 14.02x | 0.63x | 13.43x | 13.43x |
| Quick Ratio | 12.40x | 13.59x | 0.60x | 13.06x | 13.06x |
| Cash Conversion Cycle | 654.36 | 449.48 | 847.95 | 710.2 | - |
| Total Non-Current Liabilities | 4.04B | 7.11B | 8.26B | 85.26M | - |
| Long-Term Debt | 0 | 0 | 0 | 50.04M | - |
| Capital Lease Obligations | 61.3M | 35.86M | 22.31M | 26.06M | - |
| Deferred Tax Liabilities | 7.48M | 6.48M | 5.48M | 4.49M | - |
| Other Non-Current Liabilities | 3.83B | 7.06B | 8.22B | 0 | - |
| Total Liabilities | 4.27B | 7.47B | 8.67B | 627.75M | - |
| Total Debt | 93.83M | 67.87M | 53.41M | 143.02M | 143.02M |
| Net Debt | -2.63B | -2.17B | -1.61B | -4.13B | -4.13B |
| Debt / Equity | - | - | - | 0.02x | 0.02x |
| Debt / EBITDA | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - |
| Interest Coverage | -89.87x | -218.03x | -548.97x | -780.14x | - |
| Total Equity | -964.97M▲ 0% | -2.08B▼ 115.8% | -3.05B▼ 46.6% | 7.07B▲ 331.5% | 7.07B▲ 0% |
| Equity Growth % | - | -115.77% | -46.58% | 331.53% | - |
| Book Value per Share | -3.58 | -7.77 | -11.39 | 25.66 | 25.66 |
| Total Shareholders' Equity | -964.97M | -2.08B | -3.05B | 7.07B | 7.07B |
| Common Stock | 7K | 8K | 8K | 58K | - |
| Retained Earnings | -2.83B | -4.13B | -6.11B | -8.63B | - |
| Treasury Stock | -91.84M | -151.67M | -151.67M | 0 | - |
| Accumulated OCI | 840M | 741.94M | 779.67M | 822.57M | - |
| Minority Interest | 0 | 0 | 0 | 0 | - |
WRD Cash Flow Statement
WeRide Inc. (WRD) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | -506.67M | -670.38M | -474.89M | -593.6M | -593.6M |
| Operating CF Margin % | -366.69% | -127.08% | -118.18% | -164.37% | - |
| Operating CF Growth % | - | -32.31% | 29.16% | -25% | - |
| Net Income | -1.01B | -1.3B | -1.95B | -2.52B | - |
| Depreciation & Amortization | 65.82M | 86.55M | 89.61M | 101.13M | - |
| Stock-Based Compensation | 55.96M | 325.43M | 931.78M | 1.19B | - |
| Deferred Taxes | 0 | 0 | 0 | 5.87M | - |
| Other Non-Cash Items | 531.65M | 579.9M | 561.72M | 620.89M | - |
| Working Capital Changes | -152.85M | -363.76M | -108.9M | 7.46M | - |
| Change in Receivables | -22.49M | -308.91M | -52.36M | 43.24M | - |
| Change in Inventory | -92.35M | -41.45M | -68.55M | -62.26M | - |
| Change in Payables | -2.89M | -4.49M | 6.29M | 3.73M | - |
| Cash from Investing | 460.9M | -2.2B | -546.94M | 325.5M | - |
| Capital Expenditures | -25.64M | -82.69M | -36.65M | -84M | - |
| CapEx % of Revenue | 18.55% | 15.68% | 9.12% | 23.26% | - |
| Acquisitions | -69.47M | 0 | 0 | 0 | - |
| Investments | - | - | - | - | - |
| Other Investing | 1.25M | 2.17M | -9.26M | -7.57M | - |
| Cash from Financing | 2.6B | 2.18B | 446.95M | 2.82B | - |
| Debt Issued (Net) | -112.84M | -34.45M | -38.16M | 35.02M | - |
| Equity Issued (Net) | 2.6B | 2.12B | 488.62M | 3.19B | - |
| Dividends Paid | 0 | 0 | 0 | 0 | - |
| Share Repurchases | -181.24M | -60.88M | -39.12M | 0 | - |
| Other Financing | 120.05M | 107.38M | -3.57M | -401.28M | - |
| Net Change in Cash | 2.51B▲ 0% | -491.88M▼ 119.6% | -572.54M▼ 16.4% | 2.61B▲ 555.4% | -▲ 0% |
| Free Cash Flow | -532.3M▲ 0% | -753.07M▼ 41.5% | -511.84M▲ 32.0% | -679.1M▼ 32.7% | -▲ 0% |
| FCF Margin % | -385.25% | -142.75% | -127.37% | -188.05% | - |
| FCF Growth % | - | -41.47% | 32.03% | -32.68% | - |
| FCF per Share | -1.98 | -2.81 | -1.91 | -2.47 | -2.47 |
| FCF Conversion (FCF/Net Income) | 0.50x | 0.52x | 0.24x | 0.24x | - |
| Interest Paid | 0 | 0 | 0 | 0 | - |
| Taxes Paid | 0 | 0 | 0 | 0 | - |
WRD Key Ratios
WeRide Inc. (WRD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -125.4% | - |
| Return on Invested Capital (ROIC) | - | - | -55.73% | -55.73% |
| Gross Margin | 44.08% | 45.66% | 30.66% | - |
| Net Margin | -246.14% | -485.04% | -696.92% | - |
| Debt / Equity | - | - | 0.02x | 0.02x |
| Interest Coverage | -218.03x | -548.97x | -780.14x | - |
| FCF Conversion | 0.52x | 0.24x | 0.24x | - |
| Revenue Growth | 281.8% | -23.83% | -10.13% | - |
WRD Frequently Asked Questions
WeRide Inc. (WRD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
WeRide Inc. (WRD) reported $361.1M in revenue for fiscal year 2024. This represents a 161% increase from $138.2M in 2021.
WeRide Inc. (WRD) saw revenue decline by 10.1% over the past year.
WeRide Inc. (WRD) reported a net loss of $2.52B for fiscal year 2024.
Dividend & Returns
WeRide Inc. (WRD) has a return on equity (ROE) of -125.4%. Negative ROE indicates the company is unprofitable.
WeRide Inc. (WRD) had negative free cash flow of $679.1M in fiscal year 2024, likely due to heavy capital investments.
Explore More WRD
WeRide Inc. (WRD) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
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Dividend History
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Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates