NIO Achieves Adjusted Operating Profit in Q4 as 2025 Deliveries Surge

Key Facts

1Quarterly Adjusted Profit From Operations (non-GAAP) reached RMB 1,251.3 million ($178.9 million).

2Quarterly total revenues reached RMB 34,650.2 million ($4,954.9 million).

3Quarterly vehicle deliveries were 124,807 units, bringing full-year deliveries to 326,028 units.

4Full year total revenues reached RMB 87,487.5 million ($12,510.5 million).

NIO Inc. has reported its unaudited financial results for the fourth quarter and full year of 2025, marking a significant milestone with a transition to adjusted operational profitability. The company achieved a quarterly adjusted profit from operations (non-GAAP) of RMB 1,251.3 million ($178.9 million), signaling improved operational efficiency. Total quarterly revenues reached RMB 34,650.2 million ($4,954.9 million), driven by strong market demand for its electric vehicle lineup. Vehicle deliveries for the fourth quarter stood at 124,807 units, bringing the total deliveries for the full year to 326,028 units. For the full year 2025, total revenues climbed to RMB 87,487.5 million ($12,510.5 million). These results highlight NIO's successful scale-up in the competitive EV market and its ability to translate delivery growth into financial performance.