ATRenew releases transcript of Q2 2026 earnings call
RERE•Q2 2026 earnings call transcript released
ATRenew published a transcript of its 2Q26 earnings call attended by CEO Kerry Chen, CFO Rex Chen, IR head Jessie Jin, and analysts.
- Revenue rose 32.4% to RMB 6.61 billion.
- Product revenue climbed 35.9% to RMB 6.19 billion.
- Service revenue fell 4.2% to RMB 410 million.
- Non-GAAP operating profit increased 70.1% to RMB 210 million.
- Margin widened 69 bps to 3.1%.
- 1P gross margin improved to 15.7%.
- 3Q26 revenue guidance was set at RMB 6.34 billion to RMB 6.44 billion.
- The company said iPhone 18 shipment timing shifting into Q4 or Q1 was factored into the outlook.
- Overseas strategy pivoted on B2B platform FoneSquare, which is targeted to become a global PJT within three years.
- Dubai buildout is planned for 2H26.
