WeRide (WRD) Operating Expenses (2023 - 2026)
WeRide (WRD) posted quarterly Operating Expenses of -$64.7 million for Q1 2026, down 204.45% year-on-year from $62.0 million in Q1 2025, and up 27.93% on a QoQ basis from -$89.8 million in Q4 2025.
WeRide (WRD) Operating Expenses (2023 - 2026) Analysis & Trends
WeRide (WRD) has reported Operating Expenses for 4 consecutive years, with -$64.7 million the latest figure, recorded in Q1 2026.
- Quarterly Operating Expenses fell 204.45% year-over-year to -$64.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$278.6 million (down 43.14% YoY) and the FY2025 annual result came in at -$281.5 million, down 140.07% from the prior year.
- Operating Expenses climbed to -$64.7 million in Q1 2026 per WRD's latest filing, from -$89.8 million in the prior quarter.
- Over the last five years, Operating Expenses for WRD reached as high as $62.0 million in Q1 2025 and fell as low as -$125.4 million in Q3 2024.
- A 4-year average of -$51.7 million and a median of -$64.7 million in 2026 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2025 — Operating Expenses surged 53.33% — and 2026, when it sank 204.45%.
- Year by year, Operating Expenses stood at -$47.4 million in 2023, then sank by 80.32% to -$85.6 million in 2024, then decreased by 4.95% to -$89.8 million in 2025, then grew by 27.93% to -$64.7 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$64.7 million, -$89.8 million, and -$58.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | WeRide | 5.29 Bn | 5.29 Bn | 5.74 Mn | -64.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -64.71 Mn |
| Dec 31, 2025 | -89.79 Mn |
| Sep 30, 2025 | -58.54 Mn |
| Jun 30, 2025 | -65.53 Mn |
| Mar 31, 2025 | 61.96 Mn |
| Dec 31, 2024 | -85.56 Mn |
| Sep 30, 2024 | -125.42 Mn |
| Jun 30, 2024 | -45.60 Mn |
| Mar 31, 2024 | 55.30 Mn |
| Dec 31, 2023 | -47.45 Mn |
| Sep 30, 2023 | -103.54 Mn |