NIO releases profit forecast: expects to achieve an operating profit of 700 million to 1.2 billion yuan in Q4 2025

2026-02-23 17:59:20

Shanghai Securities News China Securities Network News (Reporter Yu Liyan) On the evening of February 5, NIO released a profit forecast. NIO announced that, based on a preliminary assessment of the company’s unaudited consolidated management accounts and the current available information from the board of directors, it is expected that the company will achieve an adjusted operating profit (non-GAAP) (defined as operating profit excluding share-based compensation expenses) of approximately 700 million RMB (about 100 million USD) to 1.2 billion RMB (about 172 million USD) in the fourth quarter of 2025. This marks the company’s first time achieving a single-quarter adjusted operating profit (non-GAAP).

NIO stated that the profitability is mainly due to the combined effects of the following factors: sustained sales growth in the fourth quarter of 2025; favorable product mix driving optimization of vehicle gross margin; and the company’s ongoing efforts to reduce costs and improve efficiency. According to GAAP, NIO expects to achieve an operating profit of approximately 200 million RMB (about 29 million USD) to 700 million RMB (about 100 million USD) in the fourth quarter of 2025.

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