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NEW YORK - WeRide Inc. reported a significant revenue increase for the third quarter of 2025, with total revenue jumping 144.3% YoY to RMB171.0 million (US$24.0 million), driving its shares up 8% following the announcement.
The autonomous driving technology company saw its robotaxi revenue surge 761.0% YoY to RMB35.3 million (US$5.0 million), now representing 20.7% of total revenue compared to just 5.8% in the same quarter last year. WeRide also reported substantial improvement in its gross profit, which grew 1,123.9% YoY to RMB56.3 million (US$7.9 million), with gross profit margin expanding to 32.9% from 6.5% a year earlier.
The company’s stock climbed 8% as investors responded positively to WeRide’s narrowing losses and strong revenue growth across its product segments. Product revenue increased 428.0% YoY to RMB79.2 million (US$11.1 million), while service revenue grew 66.9% to RMB91.8 million (US$12.9 million).
"In 3Q 2025, WeRide’s regulatory and commercial achievements spanning eight countries demonstrated the convergence of advanced technology and global execution capabilities," said Tony Han, WeRide’s Founder, Chairman, and CEO. "We’ve achieved a number of significant milestones, most notably securing the fully driverless commercial robotaxi permit in Abu Dhabi, with our operations there soon reaching unit economics breakeven."
The company highlighted several regulatory breakthroughs, including securing a city-level fully driverless robotaxi commercial permit in Abu Dhabi and launching public operations in Saudi Arabia and Belgium. WeRide now operates an autonomous vehicle fleet of over 1,600 vehicles globally, with nearly 750 robotaxis deployed across eight countries.
As of September 30, 2025, WeRide maintained a strong financial position with RMB5.4 billion (US$764.1 million) in cash, cash equivalents, time deposits, restricted cash, and investments in wealth management products.
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