WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, announced its financial results for the fourth quarter and full year 2025 on March 23, 2026.

Over the past year, the company delivered strong performance with accelerated commercialization progress. Full-year revenue reached a record high of US$97.9 million, an increase of 90% year-on-year (YoY). Q4 saw a quarterly revenue of US$44.9 million, up 123.0% YoY, marking the highest quarterly revenue in the company’s history.

The core Robotaxi experienced explosive growth, generating US$21.2 million in revenue for the full year, up 209.6% YoY.

In Q4, Robotaxi revenue hit another record high at US$7.2 million, up 66.4% YoY. In China, the registered users of WeRide's Robotaxi service grew by more than 900% YoY, reflecting a sharp spike in market demand for autonomous mobility services.

Benefiting from improved operational efficiency and continued cost optimization, WeRide achieved US$29.6 million in gross profit for the full year, up 86.8% YoY. Net loss narrowed significantly, down 34.2% YoY. The company also maintains a strong capital reserve position, with US$1.0 billion in cash and cash equivalents, time deposits, investments in wealth management products and restricted cash.

WeRide’s autonomous vehicles have been deployed in over 40 cities across 12 countries, giving it the widest global footprint in the autonomous driving industry. As of the date of this announcement, WeRide's's global AV fleet had 2,113 vehicles. Its Robotaxi fleet currently stands at 1,125 vehicles, and is expected to reach 2,600 vehicles by the end of 2026 and tens of thousands by 2030, reinforcing its operational advantages and industry leadership.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about WeRide’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in WeRide’s filings with the U.S. Securities and Exchange Commission and announcements on the website of the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release. WeRide does not undertake any obligation to update any forward-looking statement, except as required under applicable law.