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.

Follow the link for more news on

Financial Statements

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia