Overview
- The company projects adjusted operating profit of RMB700 million to RMB1.2 billion for Q4 2025, reversing an adjusted operating loss of RMB5,543.6 million a year earlier.
- Under GAAP, NIO expects Q4 operating profit of RMB200 million to RMB700 million based on preliminary internal accounts.
- Management cites record quarterly deliveries, a richer product mix that lifted vehicle margins, and cost and efficiency gains as the key drivers.
- Fourth-quarter deliveries were reported at roughly 125,000 vehicles, and January 2026 deliveries reached 27,182, up about 96% year over year.
- Shares rose following the alert, with U.S.-listed stock up about 5.9% and Hong Kong shares up as much as 6.7%, while the company cautioned the figures are unaudited and subject to change.