Merida Industry stock: September sales fall 26%

Published on 11/04/2026 at 00:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Merida Industry stock faces a weak demand backdrop after its September sales report. Shipments fell, and year-to-date revenue remained below 2025.

Weak September sales weigh on outlook

Merida's September sales declined year over year, extending pressure on the bicycle market.
Shipments also fell, while revenue for the first nine months remained below the prior-year level.
The company continues to sell bicycles, components and related equipment across Taiwan, China, Hong Kong, Japan and Europe.

Merida, TW0009914002, Illustration mit AI erstellt.

Merida Industry's September sales fell 26 percent year over year, according to a Bicycle Retailer and Industry News report published on October 12, 2026. The publication said Merida shipped 87,687 units during the month, down 4 percent from a year earlier.

The report also put Merida's revenue decline at 15.4 percent for the first nine months of the year. Unit shipments for that period totaled 864,391, down 2 percent from the same period in 2025. The figures point to weaker demand and a challenging operating backdrop for the bicycle maker.

September performance trails peers

Merida's September sales were reported at NT$1.7 billion. The same industry review showed mixed conditions among Taiwanese bicycle companies: Giant Manufacturing posted higher September operating revenue, while Ideal Bike and component maker KMC also reported year-over-year growth.

For investors, the key issue is whether Merida can stabilize monthly sales and shipments after the first three quarters. The published figures cover revenue and units, but do not provide a new profitability update for September.

Business spans bikes and components

Merida manufactures and sells bicycles and components in Taiwan, China, Hong Kong, Japan and Europe, according to its Investing.com company profile. Its range includes mountain, road, fitness, gravel, trekking and electric bikes, as well as components and cycling accessories. Headquartered in Changhua, Taiwan, Merida is one of the publicly traded Taiwanese bicycle makers covered alongside Giant and Ideal in the industry report. The comparison places Merida within a competitive domestic manufacturing group with exposure to several international markets.