NIO Achieves First-Ever Quarterly Profit, Stock Surges 6%

NIO Inc. marked a pivotal moment in its financial history, reporting its first-ever quarterly operating profit in Q4 2025. The Chinese EV manufacturer posted a non-GAAP operating profit of RMB1.25 billion, a stark reversal from previous losses. Revenue soared to RMB34.65 billion, a 76% year-over-year increase, surpassing analyst expectations of RMB33.25 billion.

Vehicle deliveries surged to 124,807 units in Q4, up 71.7% from the same period last year. Margins expanded significantly, with vehicle margins climbing to 18.1% from 13.1% a year earlier. NIO's guidance for Q1 2026 anticipates deliveries between 80,000 and 83,000 units, nearly doubling year-over-year growth.

The earnings beat sent NIO shares up 6% in premarket trading. Earnings per share of RMB0.29 far exceeded estimates of a RMB0.09 loss, signaling a potential inflection point for the company. CFO Stanley Yu Qu emphasized continued focus on operational efficiency and cost optimization.