Sourcing Services was U Power’s largest product and service line in fiscal 2025, bringing in $1.09M of $1.92M (57%).
| Product and Service | FY 2020 | FY 2024 | FY 2025 |
|---|---|---|---|
| Product Sales | $41.82M | — | |
| Battery-Swapping Services | $1.18M | $402.00K | |
| Sourcing Services | $63.00K | $1.09M | |
| Two-Wheeled Vehicle Battery-Swapping Services | $1.23M | $428.00K | |
| Total | $44.29M | $1.92M |
U Power brought in $1.92M from its three product and service lines in fiscal 2025, the year ended December 31, 2025. U Power regrouped these lines after fiscal 2024, so the total does not compare directly with that year's $44.29M. Sourcing Services was the largest at $1.09M (56.8%), ahead of Two-Wheeled Vehicle Battery-Swapping Services at $428.00K (22.3%) and Battery-Swapping Services at $402.00K (20.9%).
Compared with fiscal 2024, Sourcing Services grew fastest, up 1,630.2% to $1.09M, while Battery-Swapping Services fell the most, down 65.8% to $402.00K.
U Power stopped reporting Product Sales as a separate line after fiscal 2024, when it brought in $41.82M.
U Power (UCAR) reports its revenue by product and service. In fiscal 2025, Sourcing Services was its largest product and service line, bringing in $1.09M (56.8% of the total), followed by Two-Wheeled Vehicle Battery-Swapping Services at $428.00K (22.3%).
Sourcing Services was U Power's largest product and service line in fiscal 2025, bringing in $1.09M, or 56.8% of the $1.92M total across its three product and service lines.
Every figure comes from U Power's annual financial filings, as reported. Each line keeps the name U Power gives it, and years follow its fiscal calendar.
U Power's revenue by product and service goes back to fiscal 2020, 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.