WeRide (WRD) Research & Development (2023 - 2026)
WeRide (WRD) posted quarterly Research & Development of -$52.7 million for Q1 2026, down 217.35% year-on-year from $44.9 million in Q1 2025, and up 10.42% on a QoQ basis from -$58.8 million in Q4 2025.
WeRide (WRD) Research & Development (2023 - 2026) Analysis & Trends
WeRide (WRD) has reported Research & Development for 4 consecutive years, with -$52.7 million the latest figure, recorded in Q1 2026.
- Quarterly Research & Development fell 217.35% year-over-year to -$52.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$200.4 million (down 193.6% YoY) and the FY2025 annual result came in at -$196.2 million, down 28.8% from the prior year.
- Research & Development climbed to -$52.7 million in Q1 2026 per WRD's latest filing, from -$58.8 million in the prior quarter.
- Over the last five years, Research & Development for WRD reached as high as $44.9 million in Q1 2025 and fell as low as -$60.9 million in Q3 2023.
- A 4-year average of -$29.5 million and a median of -$43.8 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2024 — Research & Development jumped 40.51% — and 2026, when it tumbled 217.35%.
- Year by year, Research & Development stood at -$33.6 million in 2023, then plunged by 30.48% to -$43.8 million in 2024, then tumbled by 34.13% to -$58.8 million in 2025, then advanced by 10.42% to -$52.7 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered -$52.7 million, -$58.8 million, and -$44.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | WeRide | 5.29 Bn | 5.29 Bn | 5.74 Mn | -52.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -52.67 Mn |
| Dec 31, 2025 | -58.80 Mn |
| Sep 30, 2025 | -44.44 Mn |
| Jun 30, 2025 | -44.52 Mn |
| Mar 31, 2025 | 44.89 Mn |
| Dec 31, 2024 | -43.84 Mn |
| Sep 30, 2024 | -36.22 Mn |
| Jun 30, 2024 | -33.09 Mn |
| Mar 31, 2024 | 38.83 Mn |
| Dec 31, 2023 | -33.60 Mn |
| Sep 30, 2023 | -60.88 Mn |