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Niu Technologies (NIU)
NASDAQ: NIU · Real-Time Price · USD
3.090
-0.080 (-2.52%)
At close: Apr 23, 2026, 4:00 PM EDT
3.110
+0.020 (0.65%)
After-hours: Apr 23, 2026, 7:15 PM EDT

Niu Technologies Income Statement

Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
4,3083,2882,6523,1693,705
Revenue Growth (YoY)
31.01%24.00%-16.31%-14.47%51.56%
Cost of Revenue
3,4642,7902,0812,4992,892
Gross Profit
843.57498.76570.75669.68812.78
Selling, General & Admin
766.73620.2740.25598.87473.81
Research & Development
166.45130.11150.99176.48135.22
Other Operating Expenses
-1.37-0.91-2.97-16.39-48.73
Operating Expenses
931.82749.4888.27758.96560.3
Operating Income
-88.25-250.63-317.52-89.28252.48
Interest Expense
-6.13-5.62-1.42-5.72-6.17
Interest & Investment Income
32.0139.4536.9223.7826.54
EBT Excluding Unusual Items
-62.37-216.81-282.03-71.22272.86
Pretax Income
-62.37-216.81-282.03-71.22272.86
Income Tax Expense
-22.98-23.61-10.19-21.7647.04
Net Income
-39.39-193.2-271.84-49.46225.82
Net Income to Common
-39.39-193.2-271.84-49.46225.82
Net Income Growth
----33.90%
Shares Outstanding (Basic)
8079787877
Shares Outstanding (Diluted)
8079787880
Shares Change (YoY)
0.79%1.05%1.06%-3.29%1.66%
EPS (Basic)
-0.49-2.44-3.47-0.642.94
EPS (Diluted)
-0.50-2.44-3.47-0.642.82
EPS Growth
----31.78%
Free Cash Flow
--67.4614.8-257.2148.43
Free Cash Flow Per Share
--0.850.19-3.310.60
Gross Margin
19.58%15.17%21.52%21.14%21.94%
Operating Margin
-2.05%-7.62%-11.97%-2.82%6.82%
Profit Margin
-0.91%-5.88%-10.25%-1.56%6.10%
Free Cash Flow Margin
--2.05%0.56%-8.12%1.31%
EBITDA
33.9-128.49-169.4653.43347.95
EBITDA Margin
0.79%-3.91%-6.39%1.69%9.39%
D&A For EBITDA
122.15122.15148.06142.7195.47
EBIT
-88.25-250.63-317.52-89.28252.48
EBIT Margin
-2.05%-7.62%-11.97%-2.82%6.82%
Effective Tax Rate
----17.24%
Updated Mar 16, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q