ATRenew Q2 Revenue Jumps 32% to RMB6.6B, Guides Q3 Growth of 23-25%
RERE sits 22% above its 52-week low of $3.503.
Summary
ATRenew reported Q2 2026 revenue of RMB6.61 billion, up 32.4% year-over-year, with net income up 78.6% to RMB129.1 million. The company guided Q3 revenue growth of 23-25% and continued its share repurchase program.
Key Events · Earnings and Guidance · RERE
-
Q2 Revenue Up 32.4%
Total net revenues reached RMB6,609.3 million (US$974.1 million), up from RMB4,991.5 million in Q2 2025, driven by a 35.9% increase in net product revenues.
-
Profit Growth Accelerates
Income from operations increased 95.7% to RMB178.3 million, and net income rose 78.6% to RMB129.1 million (US$19.0 million).
-
Q3 Guidance Implies 23-25% Growth
The company expects Q3 2026 total revenues between RMB6,340 million and RMB6,440 million, representing 23.1% to 25.1% year-over-year growth.
-
Share Repurchase Update
During Q2 2026, ATRenew repurchased approximately 1.0 million ADSs for US$4.2 million. Cumulative repurchases total 3.3 million ADSs for US$14.8 million, with US$35.2 million remaining under the program.
Analysis · RERE · Trade & Services
ATRenew delivered strong Q2 results with revenue up 32.4% year-over-year to RMB6.61 billion, driven by a 35.9% increase in product sales. Operating income nearly doubled to RMB178.3 million, and net income rose 78.6% to RMB129.1 million. The company provided Q3 revenue guidance of RMB6.34-6.44 billion, implying 23-25% growth. The company also continued its share repurchase program, buying back 1.0 million ADSs for US$4.2 million during the quarter.
At the time of this filing, RERE was trading at $4.29 on NYSE in the Trade & Services sector, with a market capitalization of approximately $1B. The 52-week trading range was $3.50 to $6.47. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.