WeRide Inc. (WRD) saw its stock soar by 11.76% in pre-market trading on Monday, following the release of impressive third-quarter financial results and significant progress in its global expansion efforts. The autonomous driving technology company reported substantial revenue growth and several regulatory milestones, boosting investor confidence in its growth trajectory.
WeRide's Q3 2025 financial results were a key driver of the stock's surge. The company reported total revenue of RMB 171.0 million (US$24.0 million), marking a remarkable 144.3% year-over-year increase. This growth was primarily fueled by the company's global fleet expansion and increasing service penetration. Product revenue jumped 428.0% year-over-year to RMB 79.2 million, while service revenue grew 66.9% to RMB 91.8 million. Notably, robotaxi revenue skyrocketed 761.0% year-over-year to RMB 35.3 million, accounting for 20.7% of total revenue in Q3 2025, up from 5.8% in the same period last year.
Adding to the positive sentiment, WeRide has made significant strides in its global expansion and regulatory achievements. The company recently obtained Switzerland's first fully driverless license for its Robotaxi, issued by the Swiss Federal Roads Office. This permit allows WeRide's autonomous taxis to operate without a safety driver on public roads in Zurich's Furttal region. Moreover, WeRide secured Abu Dhabi's first city-level fully driverless robotaxi permit, achieving fleet unit economics breakeven. With these developments, WeRide has become the only tech company globally to hold autonomous driving licenses in eight countries, including China, the UAE, Saudi Arabia, Singapore, France, Belgium, and the U.S. As of October 31, 2025, WeRide's autonomous fleet had grown to over 1,600 vehicles, including nearly 750 robotaxis, underlining the company's rapid expansion and potential for future growth.