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Revenue for the quarter reached 171 million yuan, a 144.3% surge from a year earlier and among the highest single-quarter gains since the company was founded.
The company's Robotaxi division continued to be the standout performer. Revenue from autonomous ride-hailing surged to 35.3 million yuan—up more than sevenfold year on year—underscoring WeRide's rapid scaling in one of the industry's most competitive segments.
Profitability also improved sharply. Gross profit climbed to 56.3 million yuan, representing an increase of 1,123.9% from the prior year. Gross margin rose to 32.9%, up 26 percentage points, a level that places WeRide among the more financially efficient players in the autonomous driving sector.
Losses, while still remained, narrowed significantly. Net loss for the quarter stood at 307 million yuan, down 70.5% from a year earlier. On a non-GAAP basis, the adjusted loss was 276 million yuan. The results indicate tighter cost controls as the company continues to invest heavily in scaling its technology and commercial operations.
WeRide's operational footprint has also expanded. As of October 31, the company was operating more than 1,600 autonomous vehicles worldwide, including nearly 750 dedicated Robotaxi units. The size of the fleet highlights the company's ability to conduct large-scale commercial deployments across multiple markets.
Taken together, the third-quarter performance suggests WeRide is moving more decisively into the commercialization phase of autonomous driving. Rapid top-line expansion—driven heavily by the Robotaxi business—combined with stronger margins and shrinking losses points to a company striving to balance technological leadership with improving financial sustainability.
The autonomous driving sector remains capital-intensive, and all companies in the field—including WeRide—face the challenge of improving profit models while continuing to grow market share and sustain technological advantages. The latest results offer a clear snapshot of where WeRide stands on this path and how it is navigating the long-term economics of the industry.
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