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NIO's Q4 2025 operating profit reaches 1.25 billion yuan, marking its first profit since its founding.
The Beijing News Shell Finance News (Reporter Bai Haotian) — On March 10, NIO released its Q4 2025 financial report and annual report for 2025. The company achieved its first profit in the fourth quarter, with an operating profit of 1.25 billion yuan.
Specifically, NIO’s total revenue in Q4 was 34.65 billion yuan, a year-over-year increase of 75.9%; vehicle deliveries reached 124,800 units, up 71.7% year-over-year; and the company’s cash reserves totaled 45.9 billion yuan. For the full year of 2025, NIO delivered a total of 326,000 new vehicles, a 46.9% increase year-over-year; annual revenue was 87.49 billion yuan, up 33.1%. In the first quarter, NIO plans to deliver 80,000 to 83,000 new vehicles, a year-over-year increase of 90.1% to 97.2%; first-quarter revenue is expected to be between 24.48 billion yuan and 25.18 billion yuan, a year-over-year increase of 103.4% to 109.2%.
NIO founder and Chairman Li Bin stated that the quarterly profit fully confirms NIO’s core competitiveness in its technology route, products, and business model, as well as the continuous improvement of NIO’s systematic capabilities and operational efficiency, laying a solid foundation for the company’s long-term sustainable development. The company has officially entered its third stage of development and begun a new cycle of rapid growth.