New York, February 5, 2026, 13:14 (ET) — Regular session
- NIO shares jumped nearly 9% in midday trading following the company’s fourth-quarter profit alert
- Nio projected its first quarterly adjusted operating profit and also set guidance for a GAAP operating profit
- Investors are now awaiting the complete Q4 and full-year results, with a close eye on margins and cash flow figures
NIO Inc shares climbed 9.1% to $4.85 on Thursday, hitting an intraday high of $4.94, up nearly 11% at one point. The stock closed the previous session at $4.44 and has fluctuated between $4.55 and $4.94, with around 88 million shares changing hands.
The rise came after a profit alert from the Chinese electric-vehicle maker, which is pushing to show investors that higher deliveries will boost its bottom line.
This is crucial at a time when China’s EV market is locked in a brutal price war, and the ones who cave first on costs tend to lose. Nio has been cutting back operations for months, all while pushing to maintain momentum with its lineup.
Nio projected an adjusted operating profit between 700 million and 1.2 billion yuan ($100 million to $172 million) for Q4 2025, a sharp turnaround from a 5.54 billion yuan loss in the same period last year. The company’s non-GAAP measure excludes share-based compensation. It also expects a GAAP operating profit in the range of 200 million to 700 million yuan.
The company pointed to a sharp jump in deliveries, a stronger product mix, and ongoing cost reductions for the turnaround. Nio reported delivering 124,807 vehicles in the quarter, a 72% increase year-over-year, and 326,028 vehicles in 2025, up 47%. This was driven by demand for the ET5 and ES6 models, along with the mid-year launch of its more affordable Firefly subcompact EV.
The profit alert appeared in a Form 6-K filing with the U.S. Securities and Exchange Commission on Thursday, accompanied by separate notices for its Hong Kong-listed shares, the filing revealed.
Traders are digging for details beyond the brief alert. The key question: is increased volume actually boosting vehicle margins? And can operating expenses hold steady as the company grows?
A clear downside risk remains. The profit range is preliminary, drawn from unaudited management accounts, and the company cautioned these numbers might shift when it completes the quarter and full-year results.
Investors remain focused on any signs that price pressure in China might be easing. At the same time, they’re scrutinizing whether overseas strategies can withstand Europe’s ongoing changes to the rules around Chinese EVs.
Nio’s full fourth-quarter and full-year results for the period ended Dec. 31, 2025, are the next key milestone. The company must prove this profit isn’t a one-off and lay out its plans for 2026.
