WeRide (WRD) Research & Development (2023 - 2026)

WeRide's (WRD) quarterly Research & Development came in at -$52.7 million in Q1 2026, down 217.35% YoY 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 4 years of Research & Development data on file, last reported at -$52.7 million 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 rose to -$52.7 million in Q1 2026, from -$58.8 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $44.9 million in Q1 2025 to a low of -$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 soared 40.51% — and 2026, when it plunged 217.35%.
  • Tracing WRD's Research & Development over 4 years: stood at -$33.6 million in 2023, then tumbled by 30.48% to -$43.8 million in 2024, then slumped by 34.13% to -$58.8 million in 2025, then increased by 10.42% to -$52.7 million in 2026.
  • The last three Research & Development figures came in at -$52.7 million (Q1 2026), -$58.8 million (Q4 2025), and -$44.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -4.12 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 498.00 Mn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 3.77 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 1.52 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 1.37 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 588.95 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 265.90 Mn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 1.88 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 1.79 Bn
10 WeRide 2.00 Bn 2.00 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