NIO Inc. Announces Profit Alert for the Fourth Quarter of 2025
Rhea-AI Summary
NIO (NYSE: NIO) issued a profit alert for Q4 2025, forecasting an adjusted profit from operations (non-GAAP) of approximately RMB700 million to RMB1,200 million (about US$100M–US$172M), versus an adjusted loss of RMB5,543.6 million in Q4 2024. Under GAAP, the company expects operating profit of ~RMB200 million to RMB700 million (US$29M–US$100M).
The company attributes the improvement to sustained sales volume growth, better vehicle margins from favorable product mix, and cost reduction and efficiency measures. Figures are preliminary and unaudited; final Q4 and FY2025 results are pending.
Positive
- Adjusted operating profit of RMB700–1,200 million in Q4 2025 versus RMB5,543.6 million loss in Q4 2024
- Expected GAAP operating profit of RMB200–700 million for Q4 2025
- Improvement driven by sustained sales volume growth and favorable product mix
Negative
- Results are preliminary and based on unaudited management accounts; final numbers may differ
- Key metric reported on a non-GAAP basis (excludes share-based compensation), which may limit comparability
News Market Reaction
On the day this news was published, NIO gained 5.86%, reflecting a notable positive market reaction. Argus tracked a peak move of +13.0% during that session. Our momentum scanner triggered 21 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $717M to the company's valuation, bringing the market cap to $12.96B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
NIO was down 2.42% while key EV/auto peers RIVN (-1.3%), XPEV (-1.06%), LI (-0.09%), STLA (-0.1%) and GM (-0.12%) also declined, pointing to a broader sector softness rather than a purely idiosyncratic move ahead of the profit alert.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 01 | Delivery update | Positive | -5.8% | November 2025 deliveries up 76.3% YoY with strong brand mix growth. |
| Nov 25 | Earnings results | Neutral | -4.3% | Q3 2025 revenue and margin improvement but ongoing net loss and recent equity raise. |
| Nov 12 | Earnings date notice | Neutral | -2.7% | Announcement of Q3 2025 results release and conference call schedule. |
| Oct 01 | Delivery update | Positive | +0.4% | Record September and Q3 2025 deliveries with strong YoY growth and new SUV launch. |
| Sep 17 | Equity offering | Negative | +6.1% | Completion of US$1.16B equity offering increasing share count for growth funding. |
Recent history shows frequent divergences: strong delivery growth and capital-raising news often met with muted or negative price reactions, regardless of whether headlines were operationally positive or dilutive.
Over the past few months, NIO has reported strong delivery growth and ongoing capital-raising. September and Q3 2025 deliveries reached record levels with solid year-over-year growth, yet price reactions were modest or negative. Q3 2025 results showed higher revenues and improving margins but a continued net loss, alongside a significant US$1.16B equity offering. The latest profit alert signals a shift to adjusted operating profitability, following this period of scaling volumes and strengthening the balance sheet.
Market Pulse Summary
The stock moved +5.9% in the session following this news. A strong positive reaction aligns with the profit alert indicating NIO’s first quarterly adjusted operating profit, with expected non-GAAP results between RMB700–1,200 million and GAAP operating profit between RMB200–700 million. Historically, even solid delivery and earnings updates often saw weak or negative moves, so a sharp upside move would mark a break from that pattern and could reflect investors reassessing profitability and prior dilution.
Key Terms
profit alert financial
non-gaap financial
u.s. gaap financial
AI-generated analysis. Not financial advice.
SHANGHAI, Feb. 05, 2026 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced a profit alert for the fourth quarter of 2025.
The board of directors of the Company (the “Board”) wishes to inform shareholders and potential investors that, based on a preliminary assessment of the Company’s unaudited consolidated management accounts and the information currently available to the Board, the Company is expected to achieve an adjusted profit from operations (non-GAAP) in the range of approximately RMB700 million (approximately US
The expected adjusted profit from operations (non-GAAP) for the fourth quarter of 2025 was primarily attributable to (i) the Company’s sustained growth in sales volume in the fourth quarter of 2025; (ii) the optimization of vehicle margin driven by a favorable product mix; and (iii) the Company’s ongoing comprehensive cost reduction efforts and continued improvement in operational efficiency.
In addition, under the GAAP measures, the Company is expected to record a profit from operations of approximately RMB200 million (approximately US
As of the date of this press release, the Company is in the process of preparing and finalizing the financial results for the three months and full year ended December 31, 2025 (the “Q4 and FY2025 Results”). The information contained in this press release is only based on a preliminary review of the unaudited consolidated management accounts and the information currently available to the Board, and is not based on any figures or information which have been audited or reviewed by the Company’s independent auditor or the audit committee of the Board. The above data may therefore differ from the figures to be disclosed in the audited or unaudited consolidated financial statements in respect of the Q4 and FY2025 Results. Accordingly, the above figures are strictly for information only and not for any other purposes.
Shareholders and potential investors are advised not to place undue reliance on the information disclosed herein and to exercise caution when dealing in the securities of the Company. Any shareholder or potential investor who is in doubt is advised to seek advice from professional advisors.
Non-GAAP Disclosure
The Company uses non-GAAP measures, such as adjusted profit (loss) from operations (non-GAAP), in evaluating its operating results and for financial and operational decision-making purposes. The Company defines adjusted profit (loss) from operations (non-GAAP) as profit (loss) from operations excluding share-based compensation expenses. By excluding the impact of share-based compensation expenses, which is non-cash in nature, the Company believes that adjusted profit (loss) from operations (non-GAAP) helps identify underlying trends in its business and enhances the overall understanding of the Company’s past performance and future prospects. The Company also believes that the non-GAAP financial measure allows for greater visibility with respect to key metrics used by the Company’s management in its financial and operational decision-making.
The non-GAAP financial measure is not presented in accordance with U.S. GAAP and may be different from non-GAAP methods of accounting and reporting used by other companies. The non-GAAP financial measure has limitations as analytical tools and when assessing the Company’s operating performance, investors should not consider it in isolation, or as a substitute for, profit from operations prepared in accordance with U.S. GAAP. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure.
The Company mitigates these limitations by reconciling the non-GAAP financial measure to the most comparable U.S. GAAP performance measure, which should be considered when evaluating the Company’s performance.
About NIO Inc.
NIO Inc. is a pioneer and a leading company in the global smart electric vehicle market. Founded in November 2014, NIO aspires to shape a sustainable and brighter future with the mission of “Blue Sky Coming.” NIO envisions itself as a user enterprise where innovative technology meets experience excellence. NIO designs, develops, manufactures and sells smart electric vehicles, driving innovations in next-generation core technologies. NIO distinguishes itself through continuous technological breakthroughs and innovations, exceptional products and services, and a community for shared growth. NIO provides premium smart electric vehicles under the NIO brand, family-oriented smart electric vehicles through the ONVO brand, and small smart high-end electric cars with the FIREFLY brand.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. NIO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements, circulars or other publications made on the websites of each of The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIO’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIO’s strategies; NIO’s future business development, financial condition and results of operations; NIO’s ability to develop and manufacture vehicles of sufficient quality and appeal to customers on schedule and on a large scale; its ability to ensure and expand manufacturing capacities including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of the battery swapping, BaaS, and NIO Assisted and Intelligent Driving and its subscription services; its ability to improve the technologies or develop alternative technologies in meeting evolving market demand and industry development; NIO’s ability to satisfy the mandated safety standards relating to motor vehicles; its ability to secure supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations and sales of its vehicles; its ability to control costs associated with its operations; its ability to build its current and future brands; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIO’s filings with the SEC and the announcements and filings on the websites of each of the SEHK and SGX-ST. All information provided in this press release is as of the date of this press release, and NIO does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For more information, please visit: http://ir.nio.com
Investor Relations
ir@nio.com
Media Relations
global.press@nio.com
i All translations from RMB to USD for the three months ended December 31, 2025 were made at the rate of RMB6.9931 to US
FAQ
What adjusted profit did NIO (NIO) forecast for Q4 2025?
Does NIO expect GAAP operating profit for Q4 2025 and how large is it?
Why did NIO say its Q4 2025 profitability improved versus Q4 2024?
How reliable are NIO’s Q4 2025 profit figures for investors?
What does NIO mean by adjusted profit from operations (non-GAAP)?
