WeRide Plans to Repurchase $100 Million in Shares Following Record 2025 Revenue and Robotaxi Expansion

[Financial Update] WeRide reported 2025 revenue of RMB 690 million, up 90% year-over-year, and announced plans to repurchase up to $100 million worth of its shares.

Core Developments: Robotaxi Revenue More Than Triples, Overseas Operations Already Profitable

Full-year 2025 revenue reached RMB 690 million, a 90% year-over-year increase; Robotaxi segment revenue hit RMB 150 million, surging 209.6% year-over-year. Its Middle East subsidiary has turned profitable, with overseas business gross margins approaching 50%.

Key Metrics: Cash Reserves at RMB 7.1 Billion, Narrowing Losses

The company holds cash reserves of RMB 7.1 billion, achieved a full-year gross margin of 30%, and narrowed its net loss by 34.2% year-over-year. The board approved a share repurchase program of up to $100 million over the next 12 months on both the Hong Kong Stock Exchange and Nasdaq.

Strategic Shift: Transitioning from R&D Investment to Commercial Returns

With 1,125 Robotaxis operating across more than 40 cities globally, WeRide is accelerating commercialization and aims to deploy 2,600 vehicles by the end of 2026, gradually moving beyond the “burn money for scale” phase.