WRD
WeRide Inc. American Depositary Shares
NASDAQ: WRD · TECHNOLOGY · SOFTWARE - APPLICATION
$7.48
-4.35% today
Updated 2026-04-29
Market cap
$2.51B
P/E ratio
—
P/S ratio
3.66x
EPS (TTM)
$-0.79
Dividend yield
—
52W range
$6 – $13
Volume
4.5M
WeRide Inc. American Depositary Shares (WRD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2014 | 2015 | 2016 | 2017 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $45.46M | $35.63M | $127.34M | $427.19M | $18.19M | $138.17M | $527.54M | $401.84M | $361.13M | $665.94M |
| Revenue growth (YoY) | — | -21.6% | +257.4% | +235.5% | -95.7% | +659.6% | +281.8% | -23.8% | -10.1% | +84.4% |
| Cost of revenue | $14.07M | $9.52M | $19.00M | $51.67M | $4.72M | $86.51M | $295.00M | $218.37M | $250.42M | $464.75M |
| Gross profit | $31.39M | $26.11M | $108.34M | $375.52M | $13.47M | $51.66M | $232.54M | $183.48M | $110.72M | $201.19M |
| Gross margin | 69.1% | 73.3% | 85.1% | 87.9% | 74.1% | 37.4% | 44.1% | 45.7% | 30.7% | 30.2% |
| R&D | — | — | — | — | $333.35M | $443.18M | $758.57M | $1.06B | $1.09B | $1.33B |
| SG&A | $5.84M | $10.57M | $23.97M | — | $151.99M | $107.12M | $237.24M | $625.37M | $1.14B | $669.69M |
| Operating income | $-18.64M | $-27.55M | $-15.82M | $105.47M | $-463.93M | $-500.50M | $-779.23M | $-1.57B | $-2.19B | $-1.80B |
| Operating margin | -41.0% | -77.3% | -12.4% | 24.7% | -2550.5% | -362.2% | -147.7% | -389.8% | -605.1% | -270.5% |
| EBITDA | $-3.65M | $-2.02M | $65.53M | $273.79M | $-630.32M | $-935.86M | $-1.21B | $-1.85B | $-2.41B | $-1.80B |
| EBITDA margin | -8.0% | -5.7% | 51.5% | 64.1% | -3465.2% | -677.3% | -229.1% | -461.3% | -666.5% | -270.5% |
| EBIT | $-18.64M | $-27.55M | $-15.82M | $105.47M | $-688.67M | $-1.00B | $-1.29B | $-1.94B | $-2.51B | — |
| Interest expense | $2.68M | $2.58M | $7.83M | $31.93M | $6.22M | $5.57M | $3.57M | $2.85M | $2.80M | $8.88M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-14.44M | $-29.95M | $-47.08M | $49.88M | $-694.89M | $-1.01B | $-1.30B | $-1.95B | $-2.52B | $-1.61B |
| Net income growth (YoY) | — | -107.5% | -57.2% | +206.0% | -1493.1% | -45.0% | -28.9% | -50.1% | -29.1% | +36.0% |
| Profit margin | -31.8% | -84.1% | -37.0% | 11.7% | -3820.2% | -729.0% | -246.1% | -485.0% | -696.9% | -241.7% |