Uxin FY27 Q1 net loss widens to RMB 178.4 million; revenue rises 74.9% to RMB 1.15 billion year over year
Bitget2026/09/24 08:20- Uxin posted a net loss of RMB 178.4 million for the quarter ended June 30, 2026, widening from RMB 91.6 million in the prior quarter.
- Revenue rose 7.2% from the prior quarter to RMB 1.15 billion, while transaction volume climbed 20.3% to 21,899 vehicles.
- Gross margin swung to -0.7% from 7.0% in the prior quarter; cost of revenues increased to RMB 1.16 billion from RMB 998.6 million.
- Retail transaction volume increased 18.6% sequentially to 19,610 vehicles; management cited a sharp used-car price decline and accelerated inventory sell-through.
- For the September quarter, Uxin forecast retail volume of 20,500–21,000 vehicles and revenue of RMB 1.16–1.19 billion, with gross margin above 6.0%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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