Niu Technologies annual r&d spending
2018
2019
2020
2021
2022
2023
2024
2025
Niu Technologies R&D Spending Growth & History (NIU)
Niu Technologies's r&d spending was $23.8M for fiscal 2025.
View full Niu Technologies company overviewNiu Technologies annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $23.8M | $6.0M | +33.53% |
| 2024 | 2024-12-31 | $17.8M | −$3.4M | −16.18% |
| 2023 | 2023-12-31 | $21.3M | −$4.3M | −16.89% |
| 2022 | 2022-12-31 | $25.6M | $4.4M | +20.59% |
| 2021 | 2021-12-31 | $21.2M | $5.1M | +31.44% |
| 2020 | 2020-12-31 | $16.1M | $6.5M | +67.27% |
| 2019 | 2019-12-31 | $9.7M | −$3.7M | −27.73% |
| 2018 | 2018-12-31 | $13.4M | — | — |
Niu Technologies r&d spending trends
Over the last five fiscal years, Niu Technologies's r&d spending increased from $16.1M to $23.8M, a change of $7.7M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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