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Niu Technologies (NIU)

Niu Technologies reported revenue of $616M in fiscal 2025, up 36.7% from a year earlier. It posted a net loss of $5.6M. Operating cash flow minus capital spending left $25.1M of free cash flow in fiscal 2025. At December 31, 2025 it held $132.2M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 17, 2026.

Revenue (FY2025)
$616M
+36.7% year on year
Net margin
-0.9%

What Niu Technologies does

Niu Technologies is registered with the SEC under industry code SIC 3711 (Motor Vehicles & Passenger Car Bodies). Its shares trade on NASDAQ under the ticker NIU.

Revenue and profit by year

Revenue
FY18: $214.9M $214.9M FY18FY19: $298.2M $298.2M FY19FY20: $374.6M $374.6M FY20FY21: $581.3M $581.3M FY21FY22: $459.4M $459.4M FY22FY23: $373.5M $373.5M FY23FY24: $450.5M $450.5M FY24FY25: $616M $616M FY25
Net income
FY18: -$50.8M -$50.8M FY18FY19: $27.3M $27.3M FY19FY20: $25.8M $25.8M FY20FY21: $35.4M $35.4M FY21FY22: -$7.2M -$7.2M FY22FY23: -$38.3M -$38.3M FY23FY24: -$26.5M -$26.5M FY24FY25: -$5.6M -$5.6M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$616M-$12.6M-$5.6M-$0.04$25.1M
2024$450.5M-$34.3M-$26.5M-$0.17-$9.2M
2023$373.5M-$44.7M-$38.3M-$0.24$2.1M
2022$459.4M-$12.9M-$7.2M-$0.05n/a
2021$581.3M$39.6M$35.4M$0.22n/a
2020$374.6M$26.2M$25.8M$0.16n/a

Latest SEC filings

What Niu Technologies has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 10, 2026
    Foreign issuer update 6-K
  2. July 24, 2026
    Activist stake changed SCHEDULE 13D/A
  3. July 6, 2026
    Foreign issuer update 6-K
  4. June 26, 2026
    Activist stake changed SCHEDULE 13D/A
  5. June 12, 2026
    Activist stake changed SCHEDULE 13D/A
  6. May 18, 2026
    Foreign issuer update 6-K
  7. April 17, 2026
    Annual report (foreign issuer) 20-F · period to December 31, 2025
  8. April 6, 2026
    Foreign issuer update 6-K
  9. March 18, 2026
    Foreign issuer update 6-K
  10. March 13, 2026
    Activist stake changed SCHEDULE 13D/A

Recent insider filings (Forms 3, 4 and 144): 10, the latest on March 17, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about NIU

What does Niu Technologies do?

Niu Technologies is registered with the SEC under industry code SIC 3711 (Motor Vehicles & Passenger Car Bodies). Its shares trade on NASDAQ under the ticker NIU.

Is Niu Technologies profitable?

No. In fiscal 2025 it reported a net loss of $5.6M on revenue of $616M.

How much revenue does Niu Technologies make?

In fiscal 2025 Niu Technologies reported revenue of $616M. That is 36.7% more than a year earlier.

When did Niu Technologies last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 17, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from August 10, 2026.

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Where the numbers come from

Financial figures are the values Niu Technologies tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.