Niu Technologies (NIU) Research & Development (2017 - 2026)

Niu Technologies has reported Research & Development for 10 years, with the latest figure 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.
• Over five years, Research & Development peaked at -$4.0 million in Q1 2024 and troughed at -$7.1 million in Q4 2025.
• A 5-year average of -$5.6 million and a median of -$5.7 million in 2023 frame the typical range for Research & Development.
• The sharpest annual moves came in 2022 and 2023: Research & Development tumbled 68.89% in 2022, then rose 23.59% in 2023.
• Over 5 years, Research & Development stood at -$5.8 million in 2022, then gained by 14.19% to -$5.0 million in 2023, then dropped by 5.43% to -$5.3 million in 2024, then sank by 33.86% to -$7.1 million in 2025, then rose by 15.35% to -$6.0 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered -$6.0 million, -$7.1 million, and -$6.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.