China-based ATRenew's Q2 revenue jumps 32.2%

ATRenew

20/08/2025 09:47

Overview

ATRenew Q2 revenue grows 32.2% yr/yr to RMB4,991.5 mln

Income from operations turns positive at RMB91.1 mln from a loss last year

Co repurchased 1.6 mln ADSs, announced new $50 mln share repurchase program

Outlook

Company expects Q3 2025 revenues between RMB5,050 mln and RMB5,150 mln

ATRenew anticipates 24.7% to 27.1% revenue growth in Q3 2025

Company plans to expand premium retail and overseas sales channels

ATRenew aims to enhance recycling penetration through diverse supply-sourcing

Result Drivers

TRADE-IN SUBSIDIES - Growth driven by China's national subsidies for consumer electronics trade-ins, per CEO Kerry Xuefeng Chen

RETAIL REVENUE - Increase in adjusted operating profit attributed to higher retail product revenue and effective expense management, per CFO Rex Chen

FULFILLMENT CAPABILITIES - Strengthened fulfillment capabilities and brand influence contributed to revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
RMB 4.99 bln
Q2 EPS
RMB 0.44
Q2 Adjusted Net Income
RMB 99.90 mln
Q2 Net Income
RMB 72.30 mln
Q2 Adjusted Income from Operations
RMB 121.30 mln
Q2 Income from Operations
RMB 91.10 mln


Analyst Coverage

Wall Street's median 12-month price target for ATRenew Inc is $5.00, about 7.2% above its August 19 closing price of $4.64

The stock recently traded at 102 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release: ID:nPn2fZrq2a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)