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NIU Technologies Q2 2026 revenue rises 14.7% but posts RMB 102.2M net loss amid margin pressures

Company Fundamentals
10 Aug 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

NIU Technologies reported a 14.7% year-over-year revenue increase to RMB 1,440.4 million in Q2 2026, driven by a 24.2% rise in e-scooter sales volume. However, the company posted a net loss of RMB 102.2 million, compared to a net income of RMB 5.9 million in the same period last year, due to lower gross margins and higher operating expenses. NIU's gross margin declined to 16.0% from 20.1%, impacted by product mix shifts and rising supply chain costs. The company expects Q3 2026 revenues to grow 10% to 20% year-over-year, signaling cautious optimism amid ongoing challenges.

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