Research analysts who have asked questions during Niu Technologies earnings calls.
Recent press releases and 8-K filings for NIU.
Niu Technologies provides Fourth Quarter and Full Year 2025 Sales Volume Update
NIU
Demand Weakening
Guidance Update
Product Launch
- Niu Technologies reported a total sales volume of 178,702 units for the fourth quarter of 2025, with 158,782 units sold in the China market and 19,920 units in international markets.
- This represents a 13% year-on-year decline in total unit sales for Q4 2025, attributed to seasonal weakness in China, front-loaded demand in Q3, and a higher prior-year comparative base.
- For the full year 2025, the company sold a total of 1,197,978 units, including 1,112,021 units in China and 85,957 units in international markets.
- Despite the Q4 decline, the FX "Windstorm" e-motorcycle was the top-selling model, and new e-bicycle models received positive initial market feedback.
- Niu Technologies anticipates its international e-motorcycle segment to strengthen in 2026 and is optimizing its micromobility strategy.
Jan 5, 2026, 11:53 AM
Niu Technologies Provides Q4 and Full Year 2025 Sales Volume Update
NIU
Demand Weakening
Guidance Update
Product Launch
- Niu Technologies reported total sales of 178,702 units in Q4 2025 and 1,197,978 units for the full year 2025.
- In Q4 2025, total unit sales declined 13% year-on-year, with 158,782 units sold in China and 19,920 units in international markets, primarily due to seasonal weakness and front-loaded demand.
- For the full year 2025, sales in the China market reached 1,112,021 units, while international markets accounted for 85,957 units.
- The company's FX "Windstorm" e-motorcycle was the top-selling model in Q4 2025, and the e-motorcycle segment in international markets is expected to strengthen in 2026.
Jan 5, 2026, 9:00 AM
Niu Technologies Announces Unaudited Third Quarter 2025 Financial Results
NIU
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Niu Technologies reported revenues of RMB 1,693.9 million for the third quarter ended September 30, 2025, marking a 65.4% increase year-over-year.
- The company achieved a net income of RMB 81.7 million in Q3 2025, a significant improvement from a net loss of RMB 40.9 million in the same period last year.
- Gross margin for Q3 2025 was 21.8%, up from 13.8% in the third quarter of 2024.
- E-scooter sales volume increased by 49.1% year-over-year to 465,873 units in Q3 2025.
- For the fourth quarter of 2025, NIU anticipates revenues to be between RMB 737 million and RMB 901 million, indicating a year-over-year change of -10% to +10%.
Nov 17, 2025, 9:01 PM
Niu Technologies Reports Strong Q3 2025 Results and Provides Q4 Guidance
NIU
Earnings
Guidance Update
Product Launch
- Niu Technologies reported a total sales volume of 465,000 units in Q3 2025, marking a 49.1% year-over-year increase, primarily driven by a 74% year-over-year increase in China sales volume to 451,000 units.
- Total revenue for Q3 2025 grew 65% year-over-year to RMB 1.69 billion, accompanied by a gross margin expansion to 21.8%, an 8.0 percentage point increase from the prior year.
- The company achieved a net profit of RMB 81.69 million in Q3 2025, continuing its profitability momentum.
- The strong performance in China was largely attributed to channel inventory build-up ahead of a new national standard for electric bicycles, successful product launches such as the FX Windstorm, and a favorable shift in product mix towards higher-value models.
- For Q4 2025, Niu Technologies expects revenue to be in the range of RMB 737 million to RMB 901 million, representing a year-over-year change of -10% to +10%, with volume anticipated to be relatively flat year-over-year due to regulatory transitions and demand pull-forward from Q4 into Q3.
Nov 17, 2025, 1:00 PM
NIU Announces Q3 2025 Financial Results
NIU
Earnings
Revenue Acceleration/Inflection
Demand Weakening
- NIU reported total revenues of 1,694 RMB million for Q3 2025, representing a 65% year-over-year increase.
- China sales volume grew by 74% year-over-year to 451 thousand units in Q3 2025, while overseas sales volume declined by 73% year-over-year to 14 thousand units.
- The company's gross margin for Q3 2025 was 21.8%, and its net margin was 4.8%.
- As of September 30, 2025, NIU maintained a strong cash position with 1,796 RMB million in cash, restricted cash, deposits, and short-term investments.
Nov 17, 2025, 1:00 PM
NIU Technologies Reports Strong Q3 2025 Results and Provides Q4 Guidance
NIU
Earnings
Guidance Update
Product Launch
- NIU Technologies reported strong Q3 2025 financial results, with total revenue reaching RMB 1.69 billion, a 65% year-over-year increase, and a net profit of RMB 81.69 million. The gross margin expanded significantly to 21.8%.
- The company achieved a total sales volume of 465,000 units, up 49.1% year-over-year, primarily driven by exceptional performance in China, where sales rose 74% year-over-year to 451,000 units.
- Strategic initiatives included successful product launches, such as the upgraded MXT Auto 2025 and FXT Ultra 2025 electric bicycles, and the FX Windstorm electric motorcycle, alongside expanding its store network to over 4,500 locations nationwide.
- For Q4 2025, NIU expects revenue to be in the range of RMB 737 million to RMB 901 million, representing a year-over-year change of -10% to +10%, anticipating relatively flat year-over-year volume due to regulatory transitions and inventory preloading.
Nov 17, 2025, 1:00 PM
Niu Technologies Reports Strong Q3 2025 Results with Revenue Growth and Profitability
NIU
Earnings
Guidance Update
Product Launch
- Niu Technologies reported a 49.1% year-over-year increase in total sales volume, reaching 465,000 units in Q3 2025, primarily driven by a 74% rise in China sales to 451,000 units.
- Total revenue for Q3 2025 grew 65% year-over-year to RMB 1.69 billion, accompanied by a gross margin expansion to 21.8%, an 8.0 percentage point increase from the prior year.
- The company achieved a GAAP net profit of RMB 81.69 million in Q3 2025, extending its profitability momentum established in Q2.
- This performance was supported by a favorable shift in China's product mix, successful product launches, and channel expansion, particularly ahead of new national standard implementation for electric bicycles.
- For Q4 2025, Niu Technologies anticipates revenue in the range of RMB 737 million to RMB 901 million, representing a year-over-year change of -10% to +10%, expecting a relatively flat year-over-year volume due to demand pull-forward and the timing of new standard-compliant product ramp-up.
Nov 17, 2025, 1:00 PM
Niu Technologies Provides Third Quarter 2025 Sales Volume Update
NIU
Revenue Acceleration/Inflection
Product Launch
- Niu Technologies sold a total of 465,873 units in the third quarter of 2025.
- Sales in the China market reached 451,455 units, experiencing over 70% year-over-year growth in Q3 2025, driven by product portfolio optimization, retail network expansion, and strategic channel inventory buildup.
- In international markets, sales were 14,418 units for Q3 2025, though electric motorcycle sales volume for the first three quarters of 2025 surpassed total full-year 2024 unit sales.
- The company launched two new flagship models, the FXT Ultra 2025 and NXT Ultra 2025, in July.
Oct 6, 2025, 10:09 AM
Niu Technologies Provides Third Quarter 2025 Sales Volume Update
NIU
Product Launch
Revenue Acceleration/Inflection
- Niu Technologies reported a total sales volume of 465,873 units for the third quarter of 2025.
- Sales in the China market reached 451,455 units in Q3 2025, showing year-over-year growth exceeding 70%.
- International market sales were 14,418 units during the third quarter of 2025.
- For the first three quarters of 2025, international electric motorcycle sales volume surpassed the total full-year 2024 unit sales.
- In July, the company launched two new flagship models, the FXT Ultra 2025 and NXT Ultra 2025.
Oct 6, 2025, 8:00 AM
Quarterly earnings call transcripts for Niu Technologies.
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