Uxin (NASDAQ:UXIN – Get Free Report) released its earnings results on Thursday. The company reported $0.00 EPS for the quarter, FiscalAI reports. The company had revenue of $169.44 million during the quarter.
Here are the key takeaways from Uxin’s conference call:
- Uxin’s Q2 retail volume rose 89% year over year to 19,610 vehicles, while revenue increased 75% to RMB1.151 billion. Management expects Q3 volume of 20,500–21,000 vehicles, revenue of RMB1.16–1.19 billion, and nearly 50% year-over-year growth.
- Management said inventory turnover has improved to approximately 20 days, supported by AI-driven pricing and integrated operating systems. Uxin views this as a long-term operating target that can reduce price-risk exposure and improve capital efficiency.
- Rapid used-car price declines, particularly for internal-combustion vehicles, drove Q2 gross margin to negative 0.7% from 7% in the prior quarter and contributed to a RMB120 million adjusted EBITDA loss. Management expects gross margin to recover above 6% in Q3 as inventory is reset, but acknowledged that market risks remain elevated.
- Industry conditions remain weak, with July and August used-car transactions down 6% and 11% year over year, respectively. Management expects continued consolidation, estimating that 50,000–60,000 used-car dealerships could exit the market in 2026, although it believes this may benefit scaled and digital operators such as Uxin.
- NIO Capital has funded an additional $4 million and confirmed plans to complete its remaining $4 million investment at $2.86 per ADS. Separately, the CEO established a Rule 10b5-1 plan to purchase up to $5 million of ADS at no more than $2.85 per ADS, with purchases eligible to begin September 28.
Uxin Price Performance
UXIN stock opened at $1.30 on Friday. The company has a market capitalization of $281.37 million, a P/E ratio of -6.19 and a beta of 0.84. Uxin has a 12 month low of $0.90 and a 12 month high of $4.18. The firm’s fifty day simple moving average is $1.23 and its 200-day simple moving average is $2.08.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on UXIN
Key Stories Impacting Uxin
Here are the key news stories impacting Uxin this week:
- Positive Sentiment: Uxin reported second-quarter revenue of $169.44 million, an increase of approximately 74.9% from the prior-year period. The growth reinforces the company’s expansion in China’s used-car market and was the primary catalyst for the stock’s advance. Uxin Shares Rise as Q2 Revenue Increases 74.9% and Company Issues Q3 Guidance
- Positive Sentiment: Management provided third-quarter 2026 earnings guidance, giving investors an updated outlook for the company’s near-term operating performance. Uxin Limited Provides Earnings Guidance
- Positive Sentiment: Director Bin (William) Li reported acquiring 104.9 million shares at an average price of $0.01, a transaction valued at approximately $1.05 million. The purchase may be viewed as insider support, although investors should determine whether the shares were issued through a corporate or financing transaction rather than purchased in the open market. SEC Insider Transaction Filing
- Neutral Sentiment: Reported short interest was listed at zero shares, implying no measurable short-selling pressure based on the cited data. However, the figure conflicts with the description of a “significant increase” and may reflect a reporting or data-quality issue.
- Negative Sentiment: Despite the revenue growth, Uxin reported a quarterly loss of $0.11 per share, and reports indicated that the net loss widened. Continued losses could limit the durability of the rally. Uxin Q2 Loss Widens; Shares Up
Insider Activity
In other Uxin news, Director Bin (William) Li bought 104,931,794 shares of the firm’s stock in a transaction that occurred on Wednesday, September 23rd. The stock was bought at an average cost of $0.01 per share, for a total transaction of $1,049,317.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 62.90% of the stock is currently owned by company insiders.
Uxin Company Profile
Uxin Limited (NASDAQ: UXIN) is a China-based used automobile retailer and e-commerce company. The company operates an online platform that connects consumers with used vehicles and supports the purchase and sale of cars through digital tools and related transaction services.
Uxin’s business activities have included vehicle sourcing, inspection and reconditioning, pricing information, online listings, sales assistance, and vehicle delivery. The company has also offered services designed to support used-car transactions, such as financing and other automotive-related solutions, subject to applicable regulations and market conditions.
Founded in 2015, Uxin initially developed as an online used-car marketplace before expanding toward an integrated retail model.
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