What were Niu Technologies’ (NASDAQ:NIU) total revenues for Q1 2026?

Niu reported first-quarter revenues of RMB909.5 million for Q1 2026, a 33.4% increase year-over-year, reflecting strong demand for its smart electric two-wheel vehicles.

How did Niu’s e-scooter sales perform in Q1 2026?

Total e-scooter sales grew 28.7% year-over-year to 261,624 units. Growth was driven by a 35.4% increase in the China market, partially offset by a 32.4% decline in international markets.

What was Niu’s gross margin for Q1 2026?

Niu’s gross margin stood at 17.4% for the quarter, reflecting production costs and pricing dynamics in its electric scooter business.

What were Niu Technologies’ net income and adjusted net income for Q1 2026?

The company reported a net loss of RMB93.9 million and an adjusted net loss of RMB88 million, reflecting investments in growth and operational expansion.

How much cash and liquid assets did Niu hold at the end of Q1 2026?

As of March 31, 2026, Niu held RMB1,163.3 million in cash, term deposits, and short-term investments, providing financial flexibility for operations and expansion.

Niu Technologies posts 33.4% Q1 revenue growth, guides strong Q2 outlook

Written by Liezl GambePublished May. 18 2026Last Updated May. 18 2026

Niu Technologies (NASDAQ:NIU), a leading provider of smart electric two-wheel vehicles, announced its unaudited financial results for the first quarter ended March 31, 2026.

First-quarter revenues increased 33.4% year-over-year to RMB909.5 million.

Total e-scooter sales volume grew 28.7% to 261,624 units, supported by 35.4% growth in the China market, partially offset by a 32.4% decline in international markets.

Gross margin stood at 17.4%.

The company reported a net loss of RMB93.9 million, with an adjusted net loss of RMB88 million.

As of March 31, 2026, Niu held RMB1,163.3 million in cash, term deposits and short-term investments.

For the second quarter of 2026, Niu guided revenue between RMB1,570 million and RMB1,821 million, representing expected year-over-year growth of 25% to 45%.