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WeRide narrows losses as revenue jumps 73% in first-half 2026 report

Chinese autonomous-driving firm WeRide reported first-half 2026 revenue of 346 million yuan ($48.7 million), up 73.3% year-on-year, while its net loss narrowed to 790 million yuan ($111.3 million).

Chinese autonomous-driving company WeRide has published its financial results for the first half of its 2026 fiscal year (January to June 2026), showing strong revenue growth and narrowing losses. The company, which operates robotaxis, autonomous shuttles and freight services in more than 60 cities across 13 countries, reported total revenue of 346 million yuan (about $48.7 million), a 73.3% increase year-on-year, according to IThome (IThome).

Gross profit reached 126 million yuan (about $17.7 million), up 107% from the same period last year, while the gross margin improved to 36.6%, a six-percentage-point increase. The net loss attributable to shareholders narrowed to 790 million yuan (about $111.3 million), an improvement from the previous year. EBITDA loss also contracted by 6.5% to 667 million yuan (about $93.9 million).

Overseas revenue grew 154.4% year-on-year, underscoring WeRide's global expansion. The company said it continues to execute a "asset-light, high-margin" dual-growth strategy, combining overseas expansion with domestic operations.

Fleet and operations

As of July 31, 2026, WeRide's global L4 autonomous fleet numbered about 3,400 vehicles, including over 1,800 robotaxis. In the Middle East, the robotaxi fleet stood at around 400 vehicles. In the second quarter of 2026, daily orders per vehicle exceeded 21, up 24% quarter-on-quarter, while registered users grew 35% and domestic ride-hailing revenue rose about 140%.

The company has recently expanded its footprint: it deployed two L4 autonomous electric shuttle buses at Zurich Airport for employee transport, obtained Spain's first L4 passenger-vehicle operating license, and launched Denmark's first commercial autonomous ride-sharing project. These moves highlight WeRide's push into European markets.

WeRide's results met market expectations, with revenue growth exceeding forecasts and losses continuing to narrow, according to the report. The company said it will keep investing in safety and adaptability of its autonomous systems while scaling commercialization.