Uxin FY27 Q1 net loss widens to RMB 178.4 million; revenue rises 74.9% to RMB 1.15 billion year over year

For the September quarter, Uxin forecast retail volume of 20,500–21,000 vehicles and revenue of RMB 1.16–1.19 billion, with gross margin above 6.0%.

Uxin posted a net loss of RMB 178.4 million for the quarter ended June 30, 2026, widening from RMB 91.6 million in the prior quarter.

Revenue rose 7.2% from the prior quarter to RMB 1.15 billion, while transaction volume climbed 20.3% to 21,899 vehicles.

Gross margin swung to -0.7% from 7.0% in the prior quarter; cost of revenues increased to RMB 1.16 billion from RMB 998.6 million.

Retail transaction volume increased 18.6% sequentially to 19,610 vehicles; management cited a sharp used-car price decline and accelerated inventory sell-through.