1. Uxin's Q3 2025 revenue increased by 76.8% year over year. 2. Retail transaction volume reached 14,020 units, up 134% year over year. 3. Gross margin improved to 7.5%, highest in almost three years. 4. New superstores are being launched, enhancing market presence. 5. Financial outlook for Q4 2025 anticipates continued growth.
FAQ
Why Bullish?
Uxin's significant revenue and volume growth suggests strong performance ahead, mirroring previous patterns of market recovery and expansion seen at similar companies.
How important is it?
The substantial increases in revenue and transaction volume are critical indicators of Uxin's upward trajectory, making their analysis and trends highly relevant.
Why Short Term?
Immediate market impact expected due to strong quarterly results and aggressive expansion plans, with potential for further gains in upcoming quarters.
Uxin Reports Strong Financial Results for Q3 2025 and Secures Financing Agreement
Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), a leading player in China's used car retail sector, has announced its unaudited financial results for the quarter ended September 30, 2025. The Company reported significant growth in transaction volume and revenue, highlighting its strong market position and operational efficiency.
Key Highlights of Q3 2025
- Transaction Volume: 15,904 units, a 37.0% increase from Q2 2025 and a 125.7% increase from Q3 2024.
- Retail Transaction Volume: 14,020 units, reflecting a 35.0% quarter-over-quarter growth and a 133.5% year-over-year increase.
- Total Revenues: RMB 879.3 million (approximately US$123.5 million), a 33.6% increase from the previous quarter and a 76.8% rise from the same period last year.
- Gross Margin: Improved to 7.5%, up from 5.2% in the previous quarter and 7.0% in Q3 2024.
- Loss from Operations: Narrowed to RMB 36.5 million (US$5.1 million) compared to RMB 43.1 million in Q2 2025.
- Non-GAAP Adjusted EBITDA: A loss of RMB 5.3 million (US$0.7 million), significantly improved from RMB 16.5 million in the prior quarter.
Operational Insights from Uxin's Leadership
Mr. Kun Dai, Founder and CEO of Uxin, emphasized the Company's robust retail transaction volume of 14,020 units, demonstrating a 134% increase year-over-year. He noted this marked the sixth consecutive quarter of growth above 130%. Uxin's inventory turnover remains efficient at approximately 30 days, with a high net promoter score (NPS) of 67, indicating strong customer satisfaction.
Mr. Dai remarked, "Our data-driven pricing system and superior retail experience are pivotal in driving robust performance across our new superstores, including the Wuhan location, which is projected to achieve 1,800 retail units by December."
Looking ahead, Mr. Dai mentioned ongoing expansion plans, including the recent openings of superstores in Zhengzhou and Jinan, which are strategic to sustaining growth throughout 2026.
Financial Performance Overview
The total revenue of RMB 879.3 million for Q3 2025 reflects a notable increase, primarily driven by retail vehicle sales. Retail vehicle sales revenue reached RMB 819.1 million (US$115.0 million), marking an 84% year-over-year growth. This rise can be attributed to Uxin's effective branding and customer trust established through its superstores.
Uxin's wholesale vehicle sales revenue was RMB 33.2 million (US$4.7 million), showcasing a 54.3% increase compared to the previous quarter. Meanwhile, other revenue sources contributed RMB 27.0 million (US$3.8 million) this quarter.
Outlook and Future Projections
Mr. Feng Lin, Chief Financial Officer of Uxin, stated, "We are confident that our financial momentum will continue, projecting retail transaction volumes to exceed 18,500 units in Q4 2025, representing over 110% year-over-year growth."
Uxin anticipates delivering more than 50,000 retail units for the entire year, signaling over 130% growth as it capitalizes on stabilizing market conditions in China's new vehicle sector.
Conclusion
Uxin Limited's performance for the quarter reflects a successful strategic focus on growth and customer satisfaction. With continued expansion of its superstore network and a robust financial outlook, Uxin (Nasdaq: UXIN) is well-positioned to capitalize on the growing used car market in China.