Niu Technologies (NIU) Research & Development (2017 - 2026)
Niu Technologies (NIU) posted Research & Development of -$6.0 million for Q1 2026, up 15.35% sequentially from -$7.1 million in Q4 2025, and down 45.99% YoY from -$11.1 million in Q1 2025.
Niu Technologies (NIU) Research & Development (2017 - 2026) Analysis & Trends
Niu Technologies (NIU) has 10 years of Research & Development data on file, last reported at -$6.0 million in Q1 2026.
- Quarterly Research & Development fell 45.99% year-over-year to -$6.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$25.3 million (down 39.24% YoY) and the FY2025 annual result came in at $23.8 million, up 33.53% from the prior year.
- Research & Development grew to -$6.0 million in Q1 2026 per NIU's latest filing, from -$7.1 million in the prior quarter.
- The five-year high for Research & Development was -$4.0 million in Q1 2024, with the low at -$7.1 million in Q4 2025.
- Average Research & Development over 5 years is -$5.6 million, with a median of -$5.7 million recorded in 2023.
- Year-over-year, Research & Development sank 68.89% in 2022 and advanced 23.59% in 2023.
- Niu Technologies' Research & Development stood at -$5.8 million in 2022, then advanced by 14.19% to -$5.0 million in 2023, then declined by 5.43% to -$5.3 million in 2024, then slumped by 33.86% to -$7.1 million in 2025, then gained by 15.35% to -$6.0 million in 2026.
- Business Quant data shows NIU's Research & Development at -$6.0 million in Q1 2026, -$7.1 million in Q4 2025, and -$6.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 1.95 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | - |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | - |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | -421.43 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 458.00 Mn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -394.63 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | -273.27 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -2,535.42 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 335.67 Mn |
| 10 | Niu Technologies | 334.72 Mn | 334.72 Mn | 22.98 Mn | -6.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.00 Mn |
| Dec 31, 2025 | -7.08 Mn |
| Sep 30, 2025 | -6.10 Mn |
| Jun 30, 2025 | -6.10 Mn |
| Mar 31, 2025 | -4.11 Mn |
| Dec 31, 2024 | -5.29 Mn |
| Sep 30, 2024 | -4.32 Mn |
| Jun 30, 2024 | -4.44 Mn |
| Mar 31, 2024 | -4.01 Mn |
| Dec 31, 2023 | -5.02 Mn |
| Sep 30, 2023 | -5.35 Mn |
| Jun 30, 2023 | -5.69 Mn |
| Mar 31, 2023 | -5.10 Mn |
| Dec 31, 2022 | -5.85 Mn |
| Sep 30, 2022 | -7.01 Mn |
| Jun 30, 2022 | -6.64 Mn |
| Mar 31, 2022 | -6.60 Mn |
| Dec 31, 2021 | -7.07 Mn |
| Sep 30, 2021 | -5.24 Mn |
| Jun 30, 2021 | -4.78 Mn |