WeRide 2025 Revenue Rises 89.6% to RMB684.6M, Loss Narrows 34%
WeRide’s 2025 revenue surged 89.6% to RMB684.6 million with fourth-quarter revenue up 123% to RMB314.0 million, driven by a 308.9% jump in product sales. Net loss narrowed 34.2% to RMB1.7 billion for the year while cash balances reached RMB7.1 billion as fleet expanded to 1,125 robotaxis.
1. Financial Results Overview
WeRide reported full-year 2025 revenue of RMB684.6 million, an 89.6% increase from 2024, and fourth-quarter revenue of RMB314.0 million, up 123% year over year. Gross profit rose 86.8% to RMB206.8 million for the year, though WeRide recorded a net loss of RMB1.7 billion, narrowing 34.2% from the prior year.
2. Cash Position and Liquidity
As of December 31, 2025, WeRide held RMB7.1 billion in cash, cash equivalents, time deposits and investments, providing a strong liquidity cushion to support ongoing R&D expenditures of RMB1.4 billion and operational growth.
3. Robotaxi Business Expansion
WeRide’s global robotaxi fleet reached 1,125 vehicles, with commercial and testing deployments in China surpassing 800 units covering over 1,000 square kilometers. Average daily orders per vehicle climbed to 15, peaking at 26, while registered users of its robotaxi service grew over 900% year over year.
4. Cost Reductions and Efficiency Improvements
Total cost of ownership declined 38% driven by a 15% reduction in bill of materials costs for the upgraded GXR model and enhancements to remote assistance systems that improved the human-to-vehicle ratio from 1:10 to 1:40, bolstering scalable unit economics.