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Home/News Feed/NIO returns to profit as Q1 revenue doubles on strong vehicle sales and improved margins.
NIO
$5.10
+$0.05 +0.99%

NIO returns to profit as Q1 revenue doubles on strong vehicle sales and improved margins.

Company Fundamentals
21 May 2026
Proactive Investors
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Bullish
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NIO reported a return to adjusted profitability in Q1 2026 with earnings per share of RMB 0.02, beating expectations of a loss. Revenue more than doubled year-over-year to RMB 25.53 billion, driven by a 98.3% increase in vehicle deliveries totaling 83,465 units. Gross margin improved to 19% due to better cost efficiency and product mix. Despite a net loss under IFRS, NIO expects further growth in Q2 with deliveries projected between 110,000 and 115,000 vehicles and revenue up to RMB 34.44 billion.

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