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NIO's Q1 2026 revenue doubles YoY with 83,465 EV deliveries, plans strong Q2 growth and new model launches.

Company Fundamentals
21 May 2026
GlobeNewsWire
View Source
Bullish
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NIO reported Q1 2026 revenues of RMB25.5 billion, up 112% year-over-year, driven by 83,465 vehicle deliveries, a 98% increase from Q1 2025. Despite a quarterly revenue drop from Q4 2025, vehicle margins improved to 18.8%, and adjusted net profit turned positive at RMB43.5 million. The company launched new models ES9 and ONVO L80, expecting Q2 deliveries between 110,000 and 115,000 vehicles, signaling strong growth and continued innovation in the smart electric vehicle market.

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