WeRide (WRDIF) Gross Margin (2023 - 2026)

WeRide (WRDIF) recorded quarterly Gross Margin of 193.59% in Q1 2026, up 357.42% on a QoQ basis from 42.32% in Q4 2025, and down 7333.0% year-over-year from 2.68% in Q1 2025.

WeRide (WRDIF) Gross Margin (2023 - 2026) Analysis & Trends

WeRide has disclosed Gross Margin across 4 years of filings, most recently posting 193.59% for 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 climbed to 193.59% in Q1 2026, from 42.32% in the prior quarter.
  • Over five years, Gross Margin peaked at 453.32% in Q1 2024 and troughed at 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.
  • Biggest YoY gain for Gross Margin was 6459 bps in 2025; the steepest drop was 18640 bps in 2025.
  • Tracing WRDIF's Gross Margin over 4 years: stood at 215.72% in 2023, then plunged by 54 bps to 99.35% in 2024, then tumbled by 57 bps to 42.32% in 2025, then soared by 357 bps to 193.59% in 2026.
  • Business Quant data shows WRDIF's Gross Margin at 193.59% in Q1 2026, 42.32% in Q4 2025, and 71.1% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn 72.98%
2 Full Truck Alliance 171.61 Bn 169.06 Bn - -
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn 76.92%
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn 89.96%
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn 48.77%
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn 75.07%
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn 85.65%
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn 89.62%
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn 48.28%
10 WeRide - - 5.74 Mn 193.59%

Historic Data

Download Data
DateValue
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%