ATRenew Inc. (NYSE: RERE) saw its stock price surge 5.21% in pre-market trading on Thursday following the release of its impressive third-quarter financial results and optimistic fourth-quarter guidance. The company, a leading technology-driven pre-owned consumer electronics transactions and services platform in China, reported significant growth across key financial metrics.
For the third quarter of 2025, ATRenew's total net revenues grew by 27.1% year-over-year to RMB5,149.2 million (US$723.3 million). The company's income from operations saw a substantial increase of 385.1% to RMB120.8 million (US$17.0 million). Adjusted income from operations (non-GAAP) rose by 34.9% to RMB140.3 million (US$19.7 million). The number of consumer products transacted also increased to 10.9 million, up from 9.1 million in the same period last year.
Looking ahead, ATRenew provided a positive outlook for the fourth quarter of 2025, projecting total revenues between RMB6,080.0 million and RMB6,180.0 million, representing a year-over-year increase of 25.4% to 27.4%. The company's strong performance and optimistic forecast, coupled with its ongoing share repurchase program, have likely contributed to investor confidence, driving the stock's pre-market rally.