ATRenew (RERE.US) announced its second quarter earnings results on Wednesday. The data showed that the company's Q2 revenue reached $696.8 million, representing a 32.2% year-over-year increase that exceeded market expectations. Adjusted earnings per share came in at $0.09, also surpassing market forecasts. Consumer product transaction volume totaled 10.3 million units, compared to 8.4 million units in the same period last year.
As of June 30, 2025, cash and cash equivalents, restricted cash, short-term investments, and receivables from third-party payment service providers totaled 2.35 billion RMB ($328 million), down from 2.92 billion RMB as of December 31, 2024.
Looking ahead, ATRenew projects third quarter revenue to range between 5.05 billion and 5.15 billion RMB, representing year-over-year growth of 24.7% to 27.1%. As of press time, ATRenew shares were up 4.3% in pre-market trading.