Earnings ·
Uxin reports RMB1,151.2 million in revenue, up 74.9%, as net loss widens to RMB178.4 million amid margin contraction
UXINUxin Ltd
Uxin Limited reported unaudited financial results for the quarter ended June 30, 2026, showing total revenues of RMB1,151.2 million (US$169.7 million), a 74.9% increase year-over-year. Retail transaction volume reached 19,610 units, up 88.8% from the prior year period. However, gross margin contracted to -0.7% due to aggressive price reductions in the used car market and rising oil prices suppressing demand for gasoline vehicles. The company reported a net loss of RMB178.4 million (US$26.3 million) compared to a net loss of RMB67.6 million in the same period last year. Management expects retail transaction volume to range between 20,500 and 21,000 units for Q3 2026, with gross margins recovering above 6.0%. Uxin is China’s leading used car retailer.