WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, announced its financial results for Q3 2025 on October 24, 2025.

In Q3, the company achieved revenue of US$24.0 million, up 144.3% year-over-year, marking one of the largest quarterly increases since its founding. Robotaxi revenue reached US$5.0 million, up 761.0% year-over-year, continuing its strong growth momentum. Gross profit totaled US$7.9 million, a year-over-year increase of 1,123.9%, with a gross margin of 32.9%, up 26.4 percentage points year-over-year, maintaining the company’s industry-leading position. Net loss was US$43.3 million, down 70.5% year-over-year, while adjusted net loss (Non-IFRS) was US$38.7 million. WeRide's autonomous vehicle fleet now exceeds 1,600 units, including about 750 Robotaxis.

1）Financial Performance:

  • Q3 revenue: US$24.0 million, ↑144.3% YoY
  • Robotaxi revenue: US$5.0 million, ↑761.0% YoY
  • Gross margin: 32.9%, ↑26.4% YoY
  • Gross profit: US$7.9 million, ↑1,123.9% YoY
  • Net loss: US$43.3 million, ↓70.5% YoY

2）Commercialization Progress:

① Eight-country licenses, globally first q31.png

In November, Robotaxi has received a driverless permit from Switzerland’s Federal Roads Office (FEDRO), authorizing it to test and operate autonomously on public roads in the Furttal region, Zurich. With this approval, WeRide becomes the world's only technology company with vehicles holding autonomous driving permits in eight countries: Switzerland, China, the UAE, Saudi Arabia, Singapore, France, Belgium, and the United States.

② Acceleration of Global Robotaxi Commercialization q3 2.jpg

  • In October 2025, WeRide obtained the world’s first city-level L4 autonomous driving commercial license outside the United States. The driverless commercial operation starts on the Uber platform on Yas Island this month and will gradually cover additional areas in Abu Dhabi city area.

  • With the upcoming fully driverless commercial launch and the ongoing improvements in vehicle utilization, WeRide’s Robotaxi services in Abu Dhabi are on track to achieve breakeven unit economics. q3 3.jpeg

  • In August 2025, built on the commercial operation of the existing Robotaxi models, WeRide launched 24-hour fully driverless commercial operations of its brand new Robotaxi GXR in Huangpu District, Guangzhou. Meanwhile, the pick-up/drop-off-free (PU/DO-free) feature has been launched simultaneously in both Beijing and Guangzhou, further enhancing the user ride experience.

  • Each commercial Robotaxi in Guangzhou completed up to 25 trips within the daily 24/7 operations window. q3 4.jpeg

  • In August 2025, WeRide launched 24/7 Robotaxi testing in Beijing, advancing towards full-day service.

  • Commercial Robotaxi operations continue to expand across key areas including Beijing Daxing International Airport and Yizhuang.

  • Each commercial Robotaxi in Beijing completed up to 23 trips in one full day shift from 7:30AM to 10:00PM. q3 5.jpeg

  • In October 2025, WeRide and Uber began offering autonomous Robotaxi passenger rides in Saudi Arabia. q3 6.jpeg

  • In September 2025, WeRide launched Robotaxi GXR in Singapore and achieved its first autonomous vehicle testing in Punggol District with Grab.

③ Global Deployment of Smart Mobility Product Line q3 7.jpeg

  • In October 2025, WeRide launched Robobus pilots in Ras Al Khaimah, UAE. q3 8.jpeg

  • In September 2025, WeRide officially obtained Belgium’s first federal-level L4 autonomous driving testing license and announced its expansion into Belgium with the launch of its Robobus in Leuven. q3 9.jpeg

  • In August 2025, WeRide launched Shenzhen’s first L4 autonomous bus route, B888, connecting Luohu Port with the bustling CBD area, this also marks the first autonomous shuttle route operating in the bustling city center of Shenzhen.

3）Technological Breakthrough: SOP for One-Stage End-to-End L2+ Solution q3 10.jpeg

  • In August 2025, WeRide officially launched the one-stage end-to-end L2+ ADAS solution, with mass production and deployment on vehicles expected within 2025.
  • In November, WeRide achieved SOP for its one-stage end-to-end L2+ ADAS solution. In the future, it will support Chery EXEED ES and ET via pre-installation and OTA (Over-the-Air).
  • WeRide's one-stage end-to-end L2+ ADAS solution has been nominated by GAC Group for several of its mass market passenger car models.

4） Management Commentary:

Tony Han, WeRide's Founder, Chairman, and Chief Executive Officer

“In 3Q 2025, WeRide's regulatory and commercial achievements spanning eight countries demonstrated the convergence of advanced technology and global execution capabilities. 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, a critical milestone that validates our path to profitability at scale. As we progress toward our goal of deploying hundreds of thousands of robotaxis by 2030, WeRide is well-positioned to capitalize on the autonomous driving opportunity. The depth of our technology stack, breadth of our global partnerships, and strength of our regulatory relationships position us to capture significant value as autonomous mobility transforms transportation worldwide."

Jennifer Li, WeRide's Chief Financial Officer and Head of International

“Our Q3 financial performance represents substantial improvement in both growth trajectory and operational leverage. Revenue reached RMB171.0 million, representing 144.3% year-over-year growth, while the 761.0% increase in robotaxi revenue provides strong validation of our technology from both third parties and end users. Our diversified portfolio across products, services, and geographies continues to provide multiple avenues for sustained growth. Our gross margin expansion to 32.9% demonstrates our platform’s improving efficiency as we scale. Our Hong Kong dual primary listing, supported by reputable institutional investors globally, strengthens our balance sheet and establishes WeRide as an attractive public investment opportunity in autonomous driving."

About WeRide

WeRide is a global leader and a first mover in the autonomous driving industry, as well as the first publicly traded Robotaxi company. Our autonomous vehicles have been tested or operated in over 30 cities across 11 countries. We are also the first and only technology company whose products have received autonomous driving permits in eight markets: China, Switzerland, the UAE, Singapore, France, Saudi Arabia, Belgium, and the US. Empowered by the smart, versatile, cost-effective, and highly adaptable WeRide One platform, WeRide provides autonomous driving products and services from L2 to L4, addressing transportation needs in the mobility, logistics, and sanitation industries. WeRide was named to Fortune's 2025 Change the World and 2025 Future 50 lists.

Media Contact

pr@weride.ai

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