ATRenew

RERE

Market cap $972M

ATRenew Inc. has entered a multi-year growth phase, driven by a strategic shift to direct-to-consumer and multi-category recycling. RERE's Q1 revenue grew 32.4% YoY, with GAAP net income surging to RMB 135.1 million and gross margin expanding, aided by the 1P business. ATRenew's forward P/E of 11x appears attractive given ongoing margin expansion, diversification into gold and luxury goods, and international growth ambitions.

ATRenew Inc. (RERE) Q1 2026 Earnings Call Transcript

ATRenew Inc. delivered strong Q1 results, with 39.2% revenue growth and significant profitability improvements, prompting an upgrade to Buy. RERE's operating leverage and efficiency gains, along with disciplined cost controls, have driven non-GAAP income from operations up 70.2% year-over-year. Management guides Q2 revenue growth of 25%-27% y/y, above consensus, supported by robust China trade-in subsidies and a strong balance sheet.

ATRenew NYSE: RERE reported first-quarter 2026 revenue and non-GAAP operating income growth that management said reflected continued expansion of its recycling and resale model, stronger direct-to-consumer sales and growth in its marketplace and multi-category recycling businesses.

SHANGHAI, May 19, 2026 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a pioneer in technology-driven recycling and trade-in solutions for consumer products in China, today announced its unaudited financial results for the three months ended March 31, 2026. First Quarter 2026 Highlights Total net revenues grew by 32.4% to RMB6,160.1 million (US$893.0 million) from RMB4,653.5 million in the same period of 2025.

SHANGHAI, May 6, 2026 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a pioneer in technology-driven recycling and trade-in solutions for consumer products in China, today announced that it plans to release its unaudited financial results for the first quarter of 2026 before the U.S. market opens on Tuesday, May 19, 2026. The Company's management will hold an earnings conference call at 08:00 A.M.

SHANGHAI, April 8, 2026 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a pioneer in technology-driven recycling and trade-in solutions for consumer products in China, today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission (the "SEC") on April 8, 2026. The annual report on Form 20-F can be accessed on the SEC's website at http://www.sec.gov and on the Company's investor relations website at http://ir.atrenew.com.

Jeremy Ji, chief strategy officer at ATRenew, told CNBC that the consumer electronics reseller is seeing more people trade-in their older MacBooks for a more powerful one. The increased demand comes as people in China rush to try the new OpenClaw artificial intelligence agent.

ATRenew delivered robust Q4 2025 results, with revenue up 29% YoY and significant margin expansion. ATRenew's aggressive AHS store expansion and multi-category recycling, especially gold, are driving growth and higher margins. Favorable macro tailwinds, including rising smartphone prices and Chinese trade-in subsidies, position ATRenew for accelerated growth in 2026.

ATRenew Inc. (RERE) Q4 2025 Earnings Call Transcript