NIO anticipates a profit in Q4 2025, marking a turnaround from a loss in Q4 2024.
Quiver AI Summary
NIO Inc. announced a profit alert for the fourth quarter of 2025, indicating that the company is expected to achieve an adjusted profit from operations (non-GAAP) between RMB700 million (about US$100 million) and RMB1,200 million (about US$172 million). This marks the first quarterly adjusted profit since the company recorded an adjusted loss of RMB5,543.6 million in the same quarter of 2024. The anticipated profit is attributed to increased sales volume, improved vehicle margins due to a favorable product mix, and ongoing cost reduction efforts. Under GAAP measures, NIO expects an operational profit of RMB200 million to RMB700 million. The release emphasizes that these figures are preliminary and based on unaudited accounts. NIO encourages shareholders and potential investors to consider the complete financial information and exercise caution with their investment decisions.
Potential Positives
- NIO is expected to achieve its first adjusted profit from operations (non-GAAP) on a quarterly basis, ranging from approximately RMB700 million to RMB1,200 million for Q4 2025.
- This marks a significant turnaround from an adjusted loss from operations of RMB5,543.6 million in the same quarter of 2024.
- The anticipated profit is attributed to sustained growth in sales volume, improved vehicle margin from a favorable product mix, and ongoing cost reduction efforts.
- This positive financial outlook may enhance investor confidence and support NIO's strategic positioning in the global smart electric vehicle market.
Potential Negatives
- The profit alert is based on preliminary, unaudited financial data, raising concerns about the reliability of the reported figures.
- The company advises shareholders and potential investors to exercise caution and not to place undue reliance on the information, which may affect investor confidence.
- The substantial reduction from a significant loss in the fourth quarter of 2024 to a profit in 2025 raises questions about the sustainability of this turnaround, particularly since this is their first reported adjusted profit from operations on a quarterly basis.
FAQ
What is NIO's profit alert for Q4 2025?
NIO expects an adjusted profit from operations of approximately RMB700 million to RMB1,200 million for Q4 2025.
How does Q4 2025 profit compare to Q4 2024?
In Q4 2024, NIO reported an adjusted loss from operations of RMB5,543.6 million.
What factors contributed to NIO's expected profit in Q4 2025?
The profit is attributed to increased sales volume, improved vehicle margins, and effective cost reduction strategies.
What is the significance of non-GAAP measures for NIO?
Non-GAAP measures help assess underlying business trends by excluding non-cash share-based compensation expenses.
What should investors consider regarding NIO's forward-looking statements?
Investors should be aware that forward-looking statements involve risks and uncertainties that could affect actual results.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NIO Hedge Fund Activity
We have seen 196 institutional investors add shares of $NIO stock to their portfolio, and 171 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ASPEX MANAGEMENT (HK) LTD added 35,000,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $266,700,000
- JANE STREET GROUP, LLC added 18,736,828 shares (+3778.1%) to their portfolio in Q3 2025, for an estimated $142,774,629
- BNP PARIBAS FINANCIAL MARKETS added 16,696,203 shares (+874.3%) to their portfolio in Q3 2025, for an estimated $127,225,066
- D. E. SHAW & CO., INC. added 13,844,103 shares (+inf%) to their portfolio in Q3 2025, for an estimated $105,492,064
- GHISALLO CAPITAL MANAGEMENT LLC added 12,000,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $91,440,000
- VOLORIDGE INVESTMENT MANAGEMENT, LLC added 11,804,686 shares (+inf%) to their portfolio in Q3 2025, for an estimated $89,951,707
- RWC ASSET ADVISORS (US) LLC added 10,467,320 shares (+inf%) to their portfolio in Q3 2025, for an estimated $79,760,978
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$NIO Analyst Ratings
Wall Street analysts have issued reports on $NIO in the last several months. We have seen 4 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Underweight" rating on 11/28/2025
- Freedom Capital Markets issued a "Buy" rating on 11/28/2025
- Citigroup issued a "Buy" rating on 11/26/2025
- UBS issued a "Buy" rating on 09/16/2025
- JP Morgan issued a "Overweight" rating on 08/26/2025
To track analyst ratings and price targets for $NIO, check out Quiver Quantitative's $NIO forecast page.
$NIO Price Targets
Multiple analysts have issued price targets for $NIO recently. We have seen 8 analysts offer price targets for $NIO in the last 6 months, with a median target of $7.0.
Here are some recent targets:
- Jiong Shao from Barclays set a target price of $4.0 on 11/28/2025
- Dmitriy Pozdnyakov from Freedom Capital Markets set a target price of $7.0 on 11/28/2025
- Jeff Chung from Citigroup set a target price of $6.9 on 11/26/2025
- Eugene Hsiao from Macquarie set a target price of $5.3 on 11/26/2025
- Vijay Rakesh from Mizuho set a target price of $7.0 on 09/23/2025
- Paul Gong from UBS set a target price of $8.5 on 09/16/2025
- Ming Hsun Lee from B of A Securities set a target price of $7.1 on 09/03/2025
Full Release
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$100 million) i to RMB1,200 million (approximately US$172 million) for the fourth quarter of 2025, which is defined as profit from operations excluding share-based compensation expenses, representing the first time the Company has recorded an adjusted profit from operations (non-GAAP) on a quarterly basis. In comparison, the Company recorded an adjusted loss from operations (non-GAAP) of RMB5,543.6 million in the fourth quarter of 2024.
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$29 million) to RMB700 million (approximately US$100 million) for the fourth quarter of 2025.
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
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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$1.00, the noon buying rate in effect on December 31, 2025 in the H.10 statistical release of the Federal Reserve Board.