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Home/News Feed/NIO beats Q1 revenue estimates with 112% growth but shares remain flat amid mixed delivery trends.
NIO
$5.09
+$0.04 +0.79%

NIO beats Q1 revenue estimates with 112% growth but shares remain flat amid mixed delivery trends.

Company Fundamentals
21 May 2026
Benzinga
View Source
Bullish
pluang ai news

NIO reported strong first-quarter revenue of 25.53 billion yuan ($3.7 billion), exceeding estimates by growing 112.2% year over year. Vehicle deliveries nearly doubled to 83,465 units, and gross margin improved significantly to 19%. Despite this, shares remained flat due to a 33.1% sequential drop in deliveries and 26.3% revenue decline from the previous quarter, along with concerns over China regulatory scrutiny. Investors are watching key technical levels and upcoming delivery trends for direction.

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