Niu Technologies (NASDAQ:NIU) shares are up during Monday’s premarket session as the company reported its first-quarter sales volume results.

Details

In the first quarter of 2026, Niu Technologies achieved sales of 261,624 units, including e-motorcycles and e-bikes, up 29% year over year (Y/Y).

The company reported a sales volume growth of 35% Y/Y to 247,938 in China. However, sales volumes declined 32% Y/Y to 13,686 units internationally.

Niu’s MT2026 model represented around 30% of domestic sales in the quarter.

The company is focusing on enhancing operational efficiency by prioritizing the electric motorcycle segment while launching new models like the NXT2.0, which features advanced technology for smart riding.

Going forward, the company plans to remain focused on technological innovation and expanding its high-performance product lineup to support sustainable growth throughout 2026.

Earnings Snapshot

Last month, Niu reported a quarterly revenue decline of 17.4% year-over-year (Y/Y) to 676.25 million Chinese yuan ($96.70 million). This is driven by a 23.8% decrease in sales volume, complemented by a 4.0% increase in revenue per e-scooter.

Adjusted EPADS loss came in at 16 cents, versus a loss of six cents a year earlier.

Niu expects first-quarter revenue of 887 million Chinese yuan to 1,023 million Chinese yuan, representing a Y/Y change of +30% to +50%.

The company expects full-year 2026 sales volume to be in the range of 1.7 million to 1.9 million units, representing a Y/Y change of approximately +40% to +60%.

NIU Price Action: Niu shares were up 2.47% at $2.90 during premarket trading on Monday, according to Benzinga Pro data.