ATRenew (NYSE:RERE) Releases Quarterly Earnings Results, Beats Estimates By $0.05 EPS

ATRenew (NYSE:RERE) issued its earnings results on Wednesday. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05, FiscalAI reports. ATRenew had a net margin of 1.44% and a return on equity of 8.91%. The company had revenue of $893.92 million for the quarter, compared to analysts’ expectations of $887.75 million.

Here are the key takeaways from ATRenew’s conference call:

• Management reported record results — Q4 net revenue RMB 6.25B (+29% YoY) and FY2025 net revenue RMB 21.05B (+28.9% YoY); non‑GAAP operating profit was ~RMB 180M in Q4 (+38.1%) and ~RMB 560M for the year (+35.5%), with Q1 2026 revenue guidance of RMB 5.86–5.96B.
• The retail‑first and refurbishment strategy scaled quickly — 1P2C retail revenue rose 88% YoY to a record 41.7% share of product revenue, and compliant refurbishment revenue grew 90.8% in Q4, improving higher‑margin mix.
• Operating costs and channel commissions increased materially — non‑GAAP selling expenses rose 44.1% in Q4 (selling expense ratio up to 7.4%), merchandise and fulfillment costs also grew, indicating continued cost pressure even as margins modestly improved.
• International expansion is progressing — self‑operated export channels posted four consecutive quarters of sequential growth with peak monthly revenue >RMB 50M, and management plans further platformization and localized overseas recycling pilots (early‑stage execution risk remains).
• Board actions signal shareholder returns and confidence — the company repurchased ~1.3M ADS for ~$5.8M in Q4 and declared a FY2025 cash dividend of $0.10 per ADS (total ~ $23.5M).

ATRenew Stock Performance

Shares of RERE opened at $5.59 on Thursday. The firm has a market cap of $1.36 billion, a P/E ratio of 34.91 and a beta of 0.19. ATRenew has a 52 week low of $2.00 and a 52 week high of $6.47. The firm’s 50-day simple moving average is $5.77 and its 200 day simple moving average is $4.94.

Analysts Set New Price Targets

RERE has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of ATRenew in a research note on Monday, December 29th. Wall Street Zen upgraded ATRenew from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 31st. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, ATRenew has an average rating of “Hold”.

Hedge Funds Weigh In On ATRenew

Several institutional investors and hedge funds have recently made changes to their positions in the company. XTX Topco Ltd increased its stake in shares of ATRenew by 1,103.4% during the fourth quarter. XTX Topco Ltd now owns 159,983 shares of the company’s stock worth $848,000 after purchasing an additional 146,689 shares during the period. Wellington Management Group LLP bought a new stake in ATRenew in the 4th quarter valued at $23,190,000. Engineers Gate Manager LP grew its holdings in ATRenew by 125.7% in the 4th quarter. Engineers Gate Manager LP now owns 48,445 shares of the company’s stock valued at $257,000 after buying an additional 26,978 shares in the last quarter. Capitolis Liquid Global Markets LLC acquired a new position in ATRenew in the 4th quarter valued at $3,903,000. Finally, Price T Rowe Associates Inc. MD increased its position in ATRenew by 60.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,857,684 shares of the company’s stock worth $20,447,000 after buying an additional 1,450,764 shares during the period. Institutional investors and hedge funds own 19.29% of the company’s stock.

ATRenew Company Profile

ATRenew Inc, through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras; and vintage bags, watches, liquor, gold, and various household goods through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms. The company was formerly known as AiHuiShou International Co Ltd.