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GlobeNewsWire
1 month ago
Niu Technologies Announces Unaudited Fourth Quarter and Full Year 2025 Financial Results
-- Fourth Quarter Revenues of RMB 676.2 million, down 17.4% year over year -- Fourth Quarter Net Loss of RMB 88.1 million, compared with RMB 72.5 million in the same period of 202 4 -- Full Year Revenues of RMB 4,307.9 million, up 31.0% year over year -- Full Year Net Loss of RMB 39.4 million, compared with RMB 193.2 million in 2024 BEIJING, March 16, 2026 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU” or “the Company”) (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2025. Fourth Quarter 2025 Financial Highlights Revenues were RMB 676.2 million, a decrease of 17.4% year over year Gross margin was 15.3%, compared with 12.4% in the fourth quarter of 2024 Net loss was RMB 88.1 million, compared with a net loss of RMB 72.5 million in the fourth quarter of 2024 Adjusted net loss (non-GAAP) 1 was RMB 82.4 million, compared with an adjusted net loss of RMB 66.7 million in the fourth quarter of 2024 Fourth Quarter 2025 Operating Highlights The number of e-scooters sold was 172,763, down 23.8% year over year2 The number of e-scooters sold in China was 158,782, down 12.9% year over year The number of e-scooters sold in the international markets was 13,981, down 68.4% year over year2 The number of franchised stores in China was 4,540 as of December 31, 2025 Dr. Yan Li, Chief Executive Officer of the Company, remarked, "Our China operations sustained robust growth throughout 2025, building strongly on last year's momentum.