WeRide (NASDAQ:WRD) Releases Earnings Results

13 Aug 2026, 11:40 by Doug Wharley · The Cerbat Gem

WeRide (NASDAQ:WRD – Get Free Report) issued its earnings results on Wednesday. The company reported ($0.18) EPS for the quarter, FiscalAI reports. The company had revenue of $34.11 million during the quarter. WeRide had a negative return on equity of 24.18% and a negative net margin of 228.47%.

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 NASDAQ:WRD traded up $0.18 during midday trading on Thursday, reaching $5.91. 1,526,771 shares of the company’s stock traded hands, compared to its average volume of 3,500,252. The company has a fifty day simple moving average of $5.95 and a two-hundred day simple moving average of $6.93. WeRide has a 1 year low of $5.18 and a 1 year high of $12.55. The company has a market cap of $1.83 billion, a P/E ratio of -7.86 and a beta of 1.89.

WeRide News Summary

Here are the key news stories impacting WeRide this week:

Positive Sentiment: Second-quarter revenue rose 82.2% year over year to RMB231.7 million, supported by growth in overseas operations and the company’s asset-light autonomous-driving model. WeRide second-quarter 2026 results
Positive Sentiment: WeRide is accelerating its global robotaxi rollout and is considering Australia, South Korea, Japan and Southeast Asia as potential new markets. Additional geographic expansion could increase its addressable market and support longer-term revenue growth. WeRide considers new international markets
Neutral Sentiment: Management’s earnings-call commentary highlighted overseas deployment and the asset-light expansion strategy, but investors will likely look for evidence that increased deployments can translate into sustainable profits. WeRide Q2 2026 earnings call transcript
Negative Sentiment: The quarterly loss disappointed investors: WeRide reported a loss of $0.18 per share on revenue of $34.11 million. The company continues to operate with substantial losses, including a negative net margin of 228.47%, which is weighing on the stock despite rapid top-line growth. WeRide shares fall after earnings

Institutional Trading of WeRide

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

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on WRD. Weiss Ratings raised WeRide from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 28th. Wall Street Zen raised shares of WeRide from a “sell” rating to a “hold” rating in a report on Sunday, June 21st. Zacks Research cut shares of WeRide from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, The Goldman Sachs Group assumed coverage on shares of WeRide in a report on Thursday, April 16th. They set a “buy” rating on the stock. Six 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’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $12.58.

Read Our Latest Report on WRD

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.