New York, February 6, 2026, 05:26 (EST) — Premarket
- NIO shares rise about 5% before the U.S. open, extending Thursday’s rally
- Company flags first-ever quarterly adjusted operating profit for Q4 2025
- Investors look to the full results for margins, cash burn and guidance
NIO Inc shares were up 5.3% at $4.95 in premarket trading on Friday, building on the prior session’s jump after the Chinese electric-vehicle maker issued a profit alert. (MarketWatch)
In the alert, NIO said preliminary, unaudited figures show adjusted profit from operations of roughly 700 million yuan to 1.2 billion yuan for the fourth quarter, and a profit from operations under U.S. GAAP — standard accounting rules — of about 200 million to 700 million yuan. It said the adjusted figure excludes share-based compensation, the accounting cost of stock awards.
That matters now because NIO has been trying to convince markets it can defend margins while pushing volume in a crowded field. Profit at the operating line is a cleaner signal than a one-off swing in net income, but traders will want to see what sits underneath it.
The update was furnished to the U.S. Securities and Exchange Commission on a Form 6-K dated February 5 and signed by Chief Financial Officer Yu Qu.
NIO has pointed to higher sales volume, a better product mix and cost cuts, and it delivered 124,807 vehicles in the fourth quarter, up 72% from a year earlier, Reuters reported. Full-year deliveries rose 47% to 326,028 units, helped by demand for models such as the ET5 and ES6, according to the report. (Reuters)
The stock closed at $4.70 on Thursday, up 5.86%. NIO’s Hong Kong-listed shares were last up 7.71% at HK$39.38. (Nio)
“Adjusted operating profit” is not the same thing as net profit. It also doesn’t show cash flow — still the sore spot for EV makers spending on new models, marketing and price cuts.
NIO also warned the figures are based on a preliminary review and could change when it publishes its full quarterly and annual results. If vehicle margins don’t hold up — or if the price war bites again — the stock’s move could unwind fast.
The next test is the full fourth-quarter and full-year report. Earnings calendars currently point to an unconfirmed release around March 20, before the U.S. open. (Wallstreethorizon)
