Jun 2026 (Q2 FY26) — Sep 1, 2026
NIO Inc. Q2 FY26 — Strong Deliveries and Margin Resilience Amid Cost Pressures
Read the full callNIO (NIO) earnings
- Dec 2021
- Jun 2026 (Q2 FY26)
- Dec 2025
NIO earnings: last reported Tue, 1 Sep 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,599 | Quarterly, as filed | Quarter to Dec 2021 | Revenue from operations as filed. No quarter a year earlier is in the series, so no change is shown. | |
| Operating margin | -24.2 | Operating profit / revenue | Quarter to Dec 2021 | For the quarter; a change is in percentage points. No quarter a year earlier is in the series, so no change is shown. | |
| Net profit | Quarterly, as filed | Quarter to Dec 2021 | Not in the filed figures for the quarter to dec 2021. No older figure is substituted. |
Price
$3.39 −1.17% · −$0.04
Performance −49.8% 1Y
1Y: $6.75 on 17 Oct 2025 → $3.39. High $7.42 (3 Nov 2025), low $3.37 (2 Oct 2026).
- Previous close
- $3.43
- 52-week range
- $3.37 – $7.42
- One year
- −51.98%
Overview
- Symbol
- NIO
- Sector
- Consumer Discretionary
- Industry
- Motor Vehicles & Passenger Car Bodies
- Exchange
- US
- Currency
- USD
Call summaries
Mar 2026 (Q1 FY26) — May 21, 2026
NIO Inc. Q1 FY26 — Strong Delivery Growth and Margin Improvement
Read the full callDec 2025 (Q4 FY25) — Mar 10, 2026
NIO Q4 FY25 — Achieves First-Ever Quarterly Profit and Strong Delivery Growth
Read the full callEvery analysed call
NIO earnings calls (NIO)
Financials
What the filings say
| Line item | Dec 2021 |
|---|---|
| Sales | 1,599 |
| Operating profit | -387 |
| Operating margin | −24.2% |
| Interest | 13 |
| Profit before tax | -334 |
| Tax rate | −1.6% |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Reserves | -5,096 | -6,654 | -7,915 | -8,730 | -10,137 | -12,783 | -15,490 | -18,308 |
| Total liabilities | 1,555 | 2,787 | 3,491 | 7,033 | 9,949 | 12,365 | 12,891 | 15,974 |
| Fixed assets | 706 | 795 | 766 | 1,161 | 2,270 | 3,500 | 3,547 | 3,693 |
| Investments | 750 | 16 | 5 | 238 | 102 | 391 | 504 | 363 |
| Total assets | 2,741 | 2,095 | 8,374 | 13,006 | 13,957 | 16,533 | 14,742 | 17,789 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -1,151 | -1,253 | 299 | 309 | -561 | -195 | -1,075 | 428 |
| Cash from investing | -1,155 | 486 | -777 | -6,240 | 1,506 | -1,533 | -679 | -1,639 |
| Cash from financing | 1,688 | 445 | 6,338 | 2,845 | -234 | 3,896 | 243 | 979 |
| Net cash flow | -626 | -321 | 5,756 | -3,165 | 693 | 2,178 | -1,490 | -234 |
| Capital expenditure | -2,644 | -245 | -173 | -640 | -1,011 | -2,020 | -1,252 | -867 |
| Free cash flow | -3,795 | -1,498 | 126 | -331 | -1,571 | -2,214 | -2,328 | -439 |
NIO operating KPIs by quarter
| KPI | Dec 2025 Q4 FY25 | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Vehicle deliveries | 124.807KIn Q4 2025, we delivered 124,807 smart EVs, achieving a year-over-year increase of 71.7%.Source: earnings call transcript | 83.465KIn Q1 2026, the company delivered a total of 83,465 smart EVs, representing a year-over-year increase of 98.3%.Source: earnings call transcript | 107.658KIn Q2, the company delivered a total of 107,658 smart EVs, achieving year-over-year growth of 49.4%.Source: earnings call transcript | +29% |
| Stores ONVO | 420On the sales side, we currently operate 171 NIO houses and 395 NIO spaces, while ONVO has 420 stores.Source: earnings call transcript | 430In terms of sales and service networks, the company now operates 168 new houses, 389 new spaces, 430 ONVO stores as well as 408 service centers and 90 delivery centers.Source: earnings call transcript | 441On the sales and service front, so far, the company has 165 new houses, 376 new spaces, 441 ONVO stores as well as 420 service centers and 93 delivery centers.Source: earnings call transcript | +2.6% |
| Service centers | 406For the service network, we have 406 service centers and 75 delivery centers.Source: earnings call transcript | 408In terms of sales and service networks, the company now operates 168 new houses, 389 new spaces, 430 ONVO stores as well as 408 service centers and 90 delivery centers.Source: earnings call transcript | 420On the sales and service front, so far, the company has 165 new houses, 376 new spaces, 441 ONVO stores as well as 420 service centers and 93 delivery centers.Source: earnings call transcript | +2.9% |
| Delivery centers | 75For the service network, we have 406 service centers and 75 delivery centers.Source: earnings call transcript | 90In terms of sales and service networks, the company now operates 168 new houses, 389 new spaces, 430 ONVO stores as well as 408 service centers and 90 delivery centers.Source: earnings call transcript | 93On the sales and service front, so far, the company has 165 new houses, 376 new spaces, 441 ONVO stores as well as 420 service centers and 93 delivery centers.Source: earnings call transcript | +3.3% |
| Power swap stations | 3,815As of now, we have 3,815 power swap stations and more than 28,000 power chargers and destination chargers worldwide.Source: earnings call transcript | 3,916As of now, the company has 3,916 power swap stations worldwide, along with more than 28,000 power chargers and destination chargers.Source: earnings call transcript | 4,123In terms of the power network, at present, the company has 4,123 power swap stations and 30,294 power chargers and destination chargers worldwide.Source: earnings call transcript | +5.3% |
| Vehicle deliveries NIO | — | 58.543KBreaking it down by brand, NIO brand delivered 58,543 vehicles, maintaining its leadership in China's BEV segment priced above RMB 300,000.Source: earnings call transcript | 60.945KMore specifically, the NIO brand delivered 60,945 vehicles, leading China's passenger vehicle market with transaction prices above RMB 350,000 across all powertrain types.Source: earnings call transcript | +4.1% |
| Vehicle deliveries ONVO | — | 13.339KThe ONVO brand delivered 13,339 vehicles, continuing to unlock its growth potential.Source: earnings call transcript | 29.124KThe ONVO brand delivered 29,124 vehicles, demonstrating strong growth momentum, and the FIREFLY brand delivered 17,589 vehicles, maintaining its leadership in the high-end compact car market.Source: earnings call transcript | +118.3% |
| Vehicle deliveries FIREFLY | — | 11.583KThe FIREFLY brand delivered 11,583 vehicles, ranking #1 in China's high-end small car segment.Source: earnings call transcript | 17.589KThe ONVO brand delivered 29,124 vehicles, demonstrating strong growth momentum, and the FIREFLY brand delivered 17,589 vehicles, maintaining its leadership in the high-end compact car market.Source: earnings call transcript | +51.9% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Insider filings
14 filings between Jun 1, 2026 and Sep 12, 2026.
Open market
decisions to buy or sellNobody bought or sold NIO on the open market in this window. The filings below are 8 option exercises and 6 tax withholdings.
Compensation
not trading decisions- 8
- Option exercise — converted options into shares
- 6
- Tax withheld — shares kept back by the company to cover tax
Latest filings (14)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 12, 2026 | Lee Denny Ting Bun Director | Option exercise | 131,869 | $0 |
| Sep 1, 2026 | Qu Yu Chief Financial Officer | Option exercise | 45,000 | $0 |
| Sep 1, 2026 | Qin Lihong President | Tax withheld | 150,000 | $634.5K |
| Sep 1, 2026 | Qu Yu Chief Financial Officer | Option exercise | 200,000 | $0 |
| Sep 1, 2026 | Qu Yu Chief Financial Officer | Tax withheld | 22,500 | $95.2K |
| Sep 1, 2026 | Qu Yu Chief Financial Officer | Tax withheld | 100,000 | $423.0K |
| Sep 1, 2026 | Zhou Xin Executive Vice President | Option exercise | 200,000 | $0 |
| Sep 1, 2026 | Qin Lihong President | Option exercise | 300,000 | $0 |
| Jun 1, 2026 | Zhou Xin Executive Vice President | Option exercise | 200,000 | $0 |
| Jun 1, 2026 | Zhou Xin Executive Vice President | Tax withheld | 100,000 | $560.0K |
| Jun 1, 2026 | Qin Lihong President | Option exercise | 300,000 | $0 |
| Jun 1, 2026 | Qin Lihong President | Tax withheld | 150,000 | $840.0K |
| Jun 1, 2026 | Qu Yu Chief Financial Officer | Tax withheld | 100,000 | $560.0K |
| Jun 1, 2026 | Qu Yu Chief Financial Officer | Option exercise | 200,000 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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