Electric Scooter Sales was Niu Technologies’s largest product and service line in fiscal 2025, bringing in $3.90B of $4.31B (90%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Electric Scooter Sales | $2.85B | $2.36B | $2.96B | $3.90B | ||||||
| Electronic Scooter Sales | — | — | — | — | ||||||
| Accessory & Spare Parts Sales | $242.30M | $197.63M | $241.68M | $299.17M | ||||||
| Service Revenues | — | $95.47M | $86.11M | $112.21M | ||||||
| Revenues From Sales Of Services | $72.41M | — | — | — | ||||||
| Total | $3.17B | $2.65B | $3.29B | $4.31B |
Niu Technologies brought in $4.31B from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 31.0% from $3.29B in fiscal 2024. Electric Scooter Sales was the largest at $3.90B (90.5%), ahead of Accessory & Spare Parts Sales at $299.17M (6.9%) and Service Revenues at $112.21M (2.6%).
Compared with fiscal 2024, Electric Scooter Sales grew fastest, up 31.6% to $3.90B. Every line above 2% of revenue grew.
Niu Technologies stopped reporting Revenues From Sales Of Services as a separate line after fiscal 2022, when it brought in $72.41M.
Mainland China was Niu Technologies’s largest region in fiscal 2025, bringing in $4.00B of $4.31B (93%).
| Geography | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Mainland China | — | $2.25B | $2.85B | $4.00B | ||||||
| The Mainland China | $2.58B | — | — | — | ||||||
| Prc | — | — | — | — | ||||||
| Europe | $343.16M | $151.52M | $172.20M | $177.78M | ||||||
| Others | $241.60M | $252.64M | $270.93M | $126.69M | ||||||
| Total | $3.17B | $2.65B | $3.29B | $4.31B |
Niu Technologies brought in $4.31B from its three regions in fiscal 2025, the year ended December 31, 2025. That was up 31.0% from $3.29B in fiscal 2024. Mainland China was the largest at $4.00B (92.9%), ahead of Europe at $177.78M (4.1%) and Others at $126.69M (2.9%).
Compared with fiscal 2024, Mainland China grew fastest, up 40.7% to $4.00B, while Others fell the most, down 53.2% to $126.69M.
Niu Technologies began breaking out Mainland China in fiscal 2023, when it brought in $2.25B. Niu Technologies stopped reporting The Mainland China as a separate region after fiscal 2022, when it brought in $2.58B.
Niu Technologies (NIU) reports its revenue by product and service and by geography. In fiscal 2025, Electric Scooter Sales was its largest product and service line, bringing in $3.90B (90.5% of the total), followed by Accessory & Spare Parts Sales at $299.17M (6.9%).
Electric Scooter Sales was Niu Technologies' largest product and service line in fiscal 2025, bringing in $3.90B, or 90.5% of the $4.31B total across its three product and service lines.
Mainland China was Niu Technologies' largest region in fiscal 2025, bringing in $4.00B, or 92.9% of the $4.31B total across its three regions.
Among Niu Technologies' product and service lines that make up at least 2% of revenue, Electric Scooter Sales grew fastest in fiscal 2025, up 31.6% from $2.96B to $3.90B.
Every figure comes from Niu Technologies' annual financial filings, as reported. Each line keeps the name Niu Technologies gives it, and years follow its fiscal calendar.
Niu Technologies' revenue by product and service goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.