WeRide's 2Q Revenue Likely CNY160M to CNY170M, Citi Says -- Market Talk

Dow Jones
05/20

0450 GMT - WeRide's 2Q revenue is likely to be between 160 million yuan to 170 million yuan with service revenue at 100 million yuan and product revenue at 60 million to 70 million yuan, says Citi analysts in a note. That's higher than revenue of 127.2 million yuan in 2Q 2025. The gross profit margin in 2Q is likely to be flattish on quarter at 35% considering on-quarter revenue growth came from products with lower margins, they say. Chinese regulators may start to release new quotas for robotaxi again in June, Citi adds. The company's domestic business should normalize and return to fast growth into 3Q, they say.(jiahui.huang@wsj.com; @ivy_jiahuihuang)

 

(END) Dow Jones Newswires

May 20, 2026 00:50 ET (04:50 GMT)

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