NIO Reports Q1 Adjusted Profit, 98% Delivery Growth; New ES9 SUV Launch Set
Summary
NIO reported Q1 2026 revenue of RMB25.53 billion and 83,465 deliveries, marking a 98% year-over-year increase. The company achieved an adjusted net profit of RMB43.5 million, despite a reported GAAP net loss, and maintained a 19.0% gross margin. This follows the company's first GAAP net profit in Q4 2025 and strong delivery figures reported for March and Q1. The strong delivery growth and positive Q2 guidance of 110-115k deliveries signal continued operational improvement and market expansion. The launch of the ES9 flagship SUV on May 27th is expected to further boost higher-margin sales.
At the time of this announcement, NIO was trading at $5.62 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $12.8B. The 52-week trading range was $3.34 to $8.02. This news item was assessed with neutral market sentiment and an importance score of 9 out of 10. Source: Wiseek News.