ATRenew (RERE) Operating Margin (2020 - 2026)
ATRenew's (RERE) quarterly Operating Margin came in at 43.07% in Q1 2026, up 2442.0% year-on-year from 1.69% in Q1 2025, and up 6.13% quarter-over-quarter from 40.58% in Q4 2025.
ATRenew (RERE) Operating Margin (2020 - 2026) Analysis & Trends
ATRenew has disclosed Operating Margin across 7 years of filings, most recently posting 43.07% for Q1 2026.
- Operating Margin for Q1 2026 came in at 43.07%, up 2442.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 33.42% (up 2398.0% YoY), and the FY2025 annual result was 27.34%, up 2539.0% from the prior year.
- Operating Margin came in at 43.07% for Q1 2026 at ATRenew, up from 40.58% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 43.07% in Q1 2026 to a low of 753.82% in Q4 2022.
- The 5-year median for Operating Margin is 4.76% (2023), against an average of 46.41%.
- Across the five-year window, Operating Margin plunged 71884 bps in 2022 and jumped 74906 bps in 2023, its largest moves.
- ATRenew's Operating Margin stood at 753.82% in 2022, then surged by 99 bps to 4.76% in 2023, then soared by 387 bps to 13.66% in 2024, then surged by 197 bps to 40.58% in 2025, then grew by 6 bps to 43.07% in 2026.
- The last three Operating Margin figures came in at 43.07% (Q1 2026), 40.58% (Q4 2025), and 28.57% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 13.14% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 6.91% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 3.74% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 22.37% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 19.78% |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -2.85% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -1.06% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -0.38% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 17.86% |
| 10 | ATRenew | 106.67 Mn | -147.84 Mn | -633.28 Mn | 43.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 43.07% |
| Dec 31, 2025 | 40.58% |
| Sep 30, 2025 | 28.57% |
| Jun 30, 2025 | 21.04% |
| Mar 31, 2025 | 18.65% |
| Dec 31, 2024 | 13.66% |
| Sep 30, 2024 | 6.57% |
| Jun 30, 2024 | -1.50% |
| Mar 31, 2024 | -12.71% |
| Dec 31, 2023 | -4.76% |
| Sep 30, 2023 | -8.44% |
| Jun 30, 2023 | -18.64% |
| Mar 31, 2023 | -22.79% |
| Dec 31, 2022 | -753.82% |
| Sep 30, 2022 | -35.45% |
| Jun 30, 2022 | -57.69% |
| Mar 31, 2022 | -45.30% |
| Dec 31, 2021 | -34.98% |
| Sep 30, 2021 | -50.61% |
| Jun 30, 2021 | -191.93% |