GlobeNewsWire
18 May 2026, 08:00 UTC · 3d ago
Source · https://www.globenewswire.com/news-release/2026/05/18/3296330/0/en/Niu-Technologies-Announces-Unaudited-First-Quarter-2026-Financial-Results.html
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NIU Technologies expects Q2 2026 revenues to range from RMB 1,570 million to RMB 1,821 million, a projected year-over-year increase of 25% to 45%. — Strong forward guidance typically drives short-term bullish sentiment and indicates accelerating growth momentum.
+0.60First quarter 2026 revenues grew 33.4% year-over-year to RMB 909.5 million, driven by a 28.7% increase in sales volume. — Significant top-line growth confirms strong market demand and successful scaling of operations.
+0.40Net loss widened to RMB 93.9 million in Q1 2026 compared to RMB 38.8 million in the same period of 2025. — The substantial increase in losses despite higher revenue suggests declining operational efficiency and profitability challenges.
-0.40Search tags
Operating expenses increased by 59.7% year-over-year, rising to RMB 263.6 million. — Expenses are growing significantly faster than revenues, putting pressure on the company's path to breakeven.
-0.30The company experienced a 3.5% increase in cost per e-scooter, primarily due to provisions for slow-moving inventory in international markets. — Inventory write-downs in international markets signal potential demand weakness or supply chain misalignment outside of China.
-0.20Impact vectors
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Model heads
Despite strong revenue growth and a positive outlook, the company reported a significant increase in net loss and operating expenses.
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