NIO Achieves First Profit in Q4 2025, Reporting RMB 720 Million Non-GAAP Net Income

NIO achieved its first quarterly profit in the fourth quarter of 2025. According to its financial report released on March 10, the company recorded a Non-GAAP operating profit of RMB 1.25 billion and a Non-GAAP net profit of RMB 720 million for the quarter, compared to operating and net losses of RMB 55.4 billion and RMB 66.2 billion, respectively, in the same period of 2024. Throughout 2025, NIO consistently pursued cost reduction and operational efficiency, with its Non-GAAP operating losses narrowing quarter by quarter in the first three quarters—to RMB 59.4 billion, RMB 40.4 billion, and RMB 27.7 billion, respectively. To meet its year-end profitability target, NIO advanced the launch of new products and events such as NIO Day, and concentrated resources to boost sales, ultimately turning a profit in Q4.