ATRenew (NYSE:RERE) reported first-quarter 2026 revenue and non-GAAP operating income growth that management said reflected continued expansion of its recycling and resale model, stronger direct-to-consumer sales and growth in its marketplace and multi-category recycling businesses.
On the company’s earnings call, Chief Financial Officer Rex Chen said total revenue rose 32.4% year over year to RMB 6.16 billion, exceeding the high end of ATRenew’s guidance. Non-GAAP operating income increased 70.2% to more than RMB 190 million, which the company described as a record high.
