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WeRide delivered $10 million in revenue for Q1 2025 with expanding commercial activity, but posted a net loss as R&D and global expansion drove expenses. The company emphasized its long-term strategy with major partnerships and pilot programs underway.
WeRide's Q4 2024 revenue declined slightly to $19.3 million, down from $19.8 million in Q4 2023. The company reported a net loss of $81.2 million, widening from a $51.9 million loss a year ago. Adjusted net loss stood at $33.6 million. The decline in service revenue and increased R&D expenses were key contributors to the widening loss.