Uxin Limited Announces Unaudited Financial Results for the Quarter Ended March 31, 2026

Uxin Limited reported its unaudited financial results for the quarter ended March 31, 2026. The company experienced a decrease in transaction volume compared to the previous quarter but a significant increase year-over-year. Total revenues were RMB 1,073.7 million, a decrease from the last quarter but a substantial increase compared to the same period last year. The gross margin remained stable at 7.0%. The company reported a loss from operations of RMB 66.6 million and a non-GAAP adjusted EBITDA loss of RMB 34.3 million. Despite a net loss and accumulated deficit, Uxin believes its current cash and anticipated financings are sufficient to meet its obligations in the next twelve months. The company also announced a strategic partnership and the launch of a new used car superstore project. For the next quarter, Uxin expects retail transaction volume between 18,000 and 19,000 units and total revenues between RMB 1,050 million and RMB 1,100 million.