ATRenew annual revenue surpasses $3B amid circular economy expansion
ATRenew (NYSE:RERE), a leading pre-owned electronics technology laboratory and trading platform in China, reported unaudited financial results for the fourth quarter and full year ended December 31, 2025.
The company achieved a significant growth milestone, with full-year revenue climbing 28.9% to RMB21,048.3 million (US$3,009.9 million), driven by the rapid scaling of its multi-category recycling business and automated inspection technologies.
The fourth quarter mirrored this momentum, with revenue growing 29% to RMB6,254.2 million (US$894.3 million).
This top-line expansion translated into sustained profitability as ATRenew reported a full-year operating income of RMB456.2 million and a net income of RMB336.3 million.
The results underscore the company's successful transition from a pure smartphone recycler to a diversified circular economy platform encompassing luxury goods, photography equipment, and office electronics.
Looking ahead, ATRenew reiterated its Q1 2026 revenue guidance in the range of RMB5,860 million to RMB5,960 million.
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