NIO posts $51m Q4 net profit, reversing prior year loss

The company delivered 124,807 vehicles, generating $55.4b revenue in Q4.

NIO Inc. reported a net profit after tax of $51m (RMB282.7m) for the fourth quarter ended December 31, 2025, compared with a net loss of $1.29b (RMB7.11b) in the fourth quarter of 2024, according to its unaudited financial results.

For the same quarter, NIO reported basic and diluted net profit per ordinary share/ADS of $0.01 (RMB0.05), reversing from a basic and diluted net loss per share/ADS of $0.44 (RMB3.45) in Q4 2024.

On an adjusted (non‑GAAP) basis, which excludes share‑based compensation and other adjustments, NIO recorded an adjusted net profit of $131m (RMB726.8m) in Q4 2025, compared with an adjusted net loss of $1.19b (RMB6.62b) a year earlier.

Total revenue for the quarter was $55.4b (RMB34.65b), and vehicle deliveries were 124,807 units during the period.

For the full year ended December 31, 2025, NIO reported a net loss of $23.9b (RMB14.94b), narrower than the net loss of $35.9b (RMB22.40b) in 2024.

On a non‑GAAP basis, the adjusted net loss for 2025 was $19.8b (RMB12.41b).

NIO’s full‑year basic and diluted net loss per share/ADS was $10.8 (RMB6.85) for 2025.

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