Uxin Limited Q4 2025 Earnings Recap

Uxin reported strong growth in Q3 2025, with retail transaction volume soaring 134% year-over-year, while profitability reached a three-year high gross margin of 7.5%. The company is poised for accelerated expansion as new superstores commence operations.

Key Takeaways

• Retail revenue increased by 84% year-over-year to RMB 820 million, driven by a surge in transaction volumes.
• Gross margin improved to 7.5%, attributed to stabilized new car pricing and the performance of the Wuhan Superstore.
• Uxin's Q4 2025 retail transaction volume is expected to exceed 18,500 units, reflecting over 110% year-over-year growth.
• Three new superstores commenced operations in 2025, with plans for 4 to 6 more in 2026, significantly increasing nationwide footprint.
• Adjusted EBITDA loss narrowed by 43% year-over-year, indicating a pathway to future profitability.