🔴 NIU is trading 10.2% down today as persistent losses offset strong revenue growth

NIU is trading 10.2% lower at $2.55 following first-quarter 2026 results where widening losses overshadowed a significant jump in top-line revenue.

• The company reported revenue of RMB 909.5 million, up 33.4% year-over-year, driven largely by a 35.4% increase in China e-scooter sales.
• Investors are reacting to a net loss of RMB 93.9 million and an adjusted net loss of RMB 88.0 million, signaling that profitability remains elusive despite higher volumes.
• Gross margin was reported at 17.4%, suggesting limited margin improvement even as the company scales its sales operations.