Uxin Q2 revenue up 64.1% YoY to $91.9 mln.

Monday, Sep 29, 2025 3:02 am ET1min read

• Uxin reports 11,606 units transaction volume, up 40.4% from last quarter. • Transaction volume up 107.1% from same period last year. • Retail transaction volume up 37.6% from last quarter. • Retail transaction volume up 153.9% from same period last year. • Total revenues up 30.6% from last quarter. • Total revenues up 64.1% from same period last year. • Gross margin at 5.2%. • Digital data drives growth in transaction volume and revenues. • Uxin's digital business strategy pays off.

Uxin Limited (Nasdaq: UXIN), China's leading used car retailer, reported its unaudited financial results for the quarter ended June 30, 2025, showcasing robust growth across key metrics. The company's transaction volume reached 11,606 units, marking a 40.4% increase from the previous quarter and a staggering 107.1% year-over-year (YoY) growth compared to the same period last year Uxin Reports Unaudited Financial Results for the Quarter Ended June 30, 2025[1].

Retail transaction volume, a significant driver of growth, surged by 37.6% from the last quarter and an impressive 153.9% YoY, totaling 10,385 units Uxin Reports Unaudited Financial Results for the Quarter Ended June 30, 2025[1]. This growth is attributed to Uxin's digital business strategy, which has significantly enhanced customer experience and driven sales.

Total revenues for the quarter ended June 30, 2025, amounted to RMB658.3 million (US$91.9 million), representing a 30.6% increase from the last quarter and a 64.1% YoY growth compared to the same period last year Uxin Reports Unaudited Financial Results for the Quarter Ended June 30, 2025[1]. Retail vehicle sales revenue, which accounts for the majority of total revenues, grew by 30.5% from the last quarter and 87.0% YoY, reaching RMB607.6 million (US$84.8 million) Uxin Reports Unaudited Financial Results for the Quarter Ended June 30, 2025[1].

Despite the growth, Uxin's gross margin decreased to 5.2% for the quarter ended June 30, 2025, compared to 7.0% in the last quarter and 6.4% in the same period last year. This decline is attributed to aggressive promotions in the new car sector and the early-stage ramp-up of the Wuhan superstore Uxin Reports Unaudited Financial Results for the Quarter Ended June 30, 2025[1].

The company's digital data-driven approach has proven effective in driving growth. Uxin's digital business strategy has not only increased transaction volume and revenues but also improved operational efficiency, with inventory turnover days stable at around 30, and customer satisfaction at an industry-leading 65, as measured by NPS (net promoter score) Uxin Reports Unaudited Financial Results for the Quarter Ended June 30, 2025[1].

Looking ahead, Uxin expects retail transaction volume growth of over 125% YoY in the third quarter, total revenues of between RMB830 million and RMB860 million, and a recovery in gross margin to approximately 7.5% Uxin Reports Unaudited Financial Results for the Quarter Ended June 30, 2025[1]. The continued ramp-up of newly launched superstores, along with the sales momentum at existing locations, is expected to serve as strong growth drivers for the company's performance in the years ahead.

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