NIO guides to first-ever quarterly operating profit in Q4 2025 with RMB700m–1.2bn adjusted operating gain
Summary:
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NIO expects to report adjusted profit from operations (non-GAAP) of RMB700 million to RMB1.2 billion (about US$100–172 million) for Q4 2025, marking its first quarterly adjusted operating profit.
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On a GAAP basis, the company forecasts profit from operations of roughly RMB200 million to RMB700 million (about US$29–100 million) for the quarter.
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The turnaround is driven by sustained growth in vehicle sales volume, improved vehicle margins from a more favourable product mix, and ongoing cost reductions and efficiency gains.
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Management stresses that these figures are based on preliminary unaudited management accounts and may differ from the audited Q4 and full-year 2025 results to be released later, and urges investors not to place undue reliance on the profit alert.