ATRenew (RERE) Climbs 4.02% on Strong Q3 Results, Apple-Huawei Partnerships Boost Revenue 28.7%

The share price rose to its highest level since the start of December 2025 today, with an intraday gain of 5.95%.

ATRenew (RERE) extended its two-day winning streak, climbing 0.93% to close 4.02% higher over the past two trading sessions. The rally follows strong Q3 2025 financial results, including a 27.1% year-over-year revenue increase to RMB 5.15 billion and a 34.9% surge in non-GAAP operating profit to RMB 140 million. The company attributed the growth to strategic partnerships with Apple and Huawei, which boosted product revenue by 28.7% YoY, and an expanded store network now totaling 2,195 locations.

Analysts highlight ATRenew’s asset-light model and integrated C2B, B2B, and B2C operations as key drivers of its resilience. CEO Kerry Chen emphasized the business’s diversified revenue streams, which reduce market dependency and support scalable growth. Q4 2025 revenue guidance of RMB 6.08–6.18 billion (25.4–27.4% YoY growth) further reinforces confidence in the company’s ability to maintain momentum.

Improved gross margins—up to 13.4% in Q3—also underscore operational efficiency, though a trailing net profit margin of 1.443% suggests ongoing cost management challenges. The company’s forward-looking strategy includes expanding its digital infrastructure, optimizing inventory management, and deepening partnerships in key markets to sustain growth and profitability in the long term. With a robust balance sheet and a clear roadmap for innovation, ATRenew is positioned to capitalize on evolving consumer trends and technological advancements in the retail sector.