WeRide (WRD) Gross Margin (2023 - 2026)
WeRide's (WRD) quarterly Gross Margin came in at 193.59% in Q1 2026, down 7333.0% YoY from 2.68% in Q1 2025, and up 357.42% on a QoQ basis from 42.32% in Q4 2025.
WeRide (WRD) Gross Margin (2023 - 2026) Analysis & Trends
WeRide (WRD) has 4 years of Gross Margin data on file, last reported at 193.59% in Q1 2026.
- Quarterly Gross Margin fell 7333.0% year-over-year to 193.59% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 59.68% (down 1241.0% YoY) and the FY2025 annual result came in at 57.48%, up 2674.0% from the prior year.
- Gross Margin rose to 193.59% in Q1 2026, from 42.32% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 453.32% in Q1 2024 to a low of 6.51% in Q3 2024.
- A 4-year average of 146.72% and a median of 99.35% in 2024 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 6459 bps in 2025, down 18640 bps in 2025.
- Tracing WRD's Gross Margin over 4 years: stood at 215.72% in 2023, then slumped by 54 bps to 99.35% in 2024, then sank by 57 bps to 42.32% in 2025, then jumped by 357 bps to 193.59% in 2026.
- The last three Gross Margin figures came in at 193.59% (Q1 2026), 42.32% (Q4 2025), and 71.1% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | WeRide | 2.00 Bn | 2.00 Bn | 5.74 Mn | 193.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 193.59% |
| Dec 31, 2025 | 42.32% |
| Sep 30, 2025 | 71.10% |
| Jun 30, 2025 | 59.72% |
| Mar 31, 2025 | 266.92% |
| Dec 31, 2024 | 99.35% |
| Sep 30, 2024 | 6.51% |
| Jun 30, 2024 | 174.52% |
| Mar 31, 2024 | 453.32% |
| Dec 31, 2023 | 215.72% |
| Sep 30, 2023 | 30.82% |