NIO achieved its first quarterly profit, with multiple metrics hitting record highs.

NIO announced its first quarterly profit since its inception in its Q4 2025 financial report, with operating profit reaching RMB 1.25 billion, gross margin for vehicles improving to 18.1%, and quarterly revenue reaching RMB 34.65 billion. This achievement was mainly attributed to the expansion of its battery swapping business, optimization of supply chain costs, and increased sales of high-end models. NIO stated that it will continue to strive towards its overall profitability target for the year and increase its presence in the European and Southeast Asian markets.