NIO achieves its first quarterly profit; continues to aim for full-year profitability in 2026

WealthCoffee · 2026-03-11T05:24:23+00:00

NIO achieved quarterly profitability in Q4 2025, with Non-GAAP operating profit reaching 1.25 billion yuan and net profit of 720 million yuan, marking its first positive quarter. The company successfully reduced expenses by front-loading new product launches and focusing on sales, gradually narrowing the operating losses from previous quarters.

WealthCoffee

2026-03-11 05:24:23

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[Caixin] In Q4 2025, NIO Inc. achieved its quarterly profit target. According to the earnings report released on the evening of March 10, NIO (09866.HK/NYSE:NIO) recorded a Non-GAAP operating profit of 1.25 billion yuan for the quarter, compared to a loss of 5.54 billion yuan in the same period in 2024.

The company’s net profit also turned positive for the first time in Q4. Non-GAAP net profit was 720 million yuan, compared to a loss of 6.62 billion yuan in the same period in 2024.

NIO set a profit goal for 2025 at the beginning of the year. From Q1 to Q3 2025, the company’s Non-GAAP operating losses were 5.94 billion, 4.04 billion, and 2.77 billion yuan respectively, gradually narrowing quarter by quarter. To reduce expenses in Q4 and help achieve profitability, the company accelerated new product launches, NIO Day, and other events, while focusing on selling cars.

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