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
DateValue
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