NIO: Q4 operating profit of 1.25 billion yuan, achieving the company's first quarterly profit

NIO releases Q4 and full-year 2025 financial reports. In Q4, operating profit reached 1.25 billion yuan, marking the company’s first quarterly profit. Cash reserves in Q4 totaled 45.9 billion yuan, a significant increase of nearly 10 billion yuan compared to the previous quarter. The delivery guidance for Q1 2026 is 80,000 to 83,000 units, a year-over-year increase of 90.1% to 97.2%. Revenue guidance is 24.48 billion to 25.18 billion yuan, a year-over-year increase of 103.4% to 109.2%.

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