NIO achieves quarterly profit for the first time, aiming for full-year profitability by 2026

WealthCoffee · 2026-03-12T05:25:57+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. To reach this goal, the company accelerated new product launches and related activities, reduced expenses, and shifted sales focus toward increasing vehicle sales.

WealthCoffee

2026-03-12 05:25:57

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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.

At the beginning of 2025, NIO set a goal to achieve quarterly profitability in Q4. 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 month over month. To reduce expenses in Q4 and help reach profitability, the company advanced the launch of new products, NIO Day, and other events, while focusing on selling cars.

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