Niu Technologies (LTS:0A54)

Q1 2026 NIU Technologies Earnings Call Transcript

May 18, 2026 / 12:00 PM GMT

Release Date Price: $2.4 (-14.59%)

Transcript

Key Points

Positve

Niu Technologies (NIU) reported a 28.7% year-over-year increase in total sales volume, reaching 261,000 units.
Revenue for the quarter increased by 33.4% year-over-year, reaching RMB909.52 million.
Sales volume in China increased by 35.4%, driven by a significant breakthrough in the electric motorcycle segment.
The company successfully expanded its footprint into Tier 2 and Tier 3 cities, marking a strategic milestone.
Niu Technologies (NIU) launched the industry's first AI-enabled electric bicycles, the NXT2 Ultra, showcasing its commitment to innovation.

Negative

Overseas sales declined by 32.4%, reflecting challenges in international markets.
The electric bicycle segment experienced a contraction due to new national standards.
The company reported a net loss of $94 million for the quarter, with a net loss margin of 10.3%.
Operating expenses increased by 60% year-over-year, driven by intensified marketing initiatives.
The micromobility segment saw a 37% year-over-year decline in international sales, impacting overall performance.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NIU.OQ - NIU Technologies
Q1 2026 NIU Technologies Earnings Call
May 18, 2026 / 12:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good day, ladies and gentlemen.

Thank you for standing by and welcome to the New Technologies First Quarter 2026 Earnings Conference Call. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. As a reminder, we are recording today's call. If you have any objections, you may disconnect at this time. Now, I will turn the call over to Ms. Crystal Lee, Investor Relations. Manager of New Technologies. Ms. Lee, please go ahead. Thank.

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Unidentified_2 [2]
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