NIU Q2 FY26 turns to net loss of RMB 102.2 million; revenue rises 14.7% to RMB 1.44 billion
NIU•Regional revenue and outlook
China e-scooter revenue rose 14.6% to RMB 1.21 billion, while international e-scooter revenue inched up 3% to RMB 106.3 million.
Adjusted net loss (non-GAAP) widened to RMB 98.2 million from profit a year earlier; management cited product-mix shifts and higher upstream supply-chain costs.
NIU forecast Q3 revenue of RMB 1.86 billion to RMB 2.03 billion, implying 10% to 20% growth.
Q2 revenue rises as volume grows
NIU Technologies posted Q2 revenue of RMB 1.44 billion, up 14.7% year over year, as e-scooter volume rose 24.2% to 434,687.
Net results swung to a loss of RMB 102.2 million, versus profit a year earlier; gross margin fell 4.1 percentage points to 16%.
