ATRenew Inc. (NYSE: RERE) stock surged 5.21% in pre-market trading on Thursday following the release of its impressive third-quarter 2025 financial results. The company reported a significant increase in revenue and profitability, beating analyst expectations and showcasing strong growth in its pre-owned consumer electronics business.

For the third quarter, ATRenew's total net revenues grew by 27.1% year-over-year to RMB5,149.2 million (US$723.3 million), surpassing market expectations. The company's income from operations saw a remarkable increase of 385.1% to RMB120.8 million (US$17.0 million). Adjusted net income (non-GAAP) rose by 22.3% to RMB110.2 million (US$15.5 million), with adjusted earnings per share of RMB0.68 (US$0.10), compared to RMB0.55 in the same period last year. Looking ahead, ATRenew provided an optimistic outlook for the fourth quarter, projecting revenues between RMB6,080.0 million and RMB6,180.0 million, representing a year-over-year increase of 25.4% to 27.4%.

Kerry Xuefeng Chen, Founder, Chairman, and CEO of ATRenew, attributed the strong performance to the company's strategic focus on "scenario + supply chain" capabilities and the rapid development of the pre-owned consumer electronics industry. CFO Rex Chen highlighted improved profitability across multiple metrics and expressed confidence in leveraging economies of scale to enhance overall profitability. The company also announced progress on its share repurchase program, having bought back approximately 0.5 million ADSs for US$2.1 million during the quarter, demonstrating its commitment to creating shareholder value.