StockDriftsNIO Inc. · NIO · 6-K · Filed
Reports Q2 2026 Revenue up 69.1%, Delivers 107,658 Vehicles
Source: SEC EDGAR, accession 0001104659-26-104110
What did NIO Inc. announce?
NIO Inc. announced unaudited Q2 2026 financial results with total revenues up 69.1% year-over-year, delivering 107,658 vehicles.
NIO Inc. reported its second quarter 2026 financial results, with total revenues reaching RMB32,136.9 million. This represents a 69.1% increase compared to the RMB19,000.0 million reported in the second quarter of 2025, and a 25.9% increase from the first quarter of 2026. Vehicle sales contributed RMB29,058.2 million to total revenues, an 80.1% increase year-over-year and a 27.5% increase from the prior quarter. The company attributed the year-over-year increase in vehicle sales primarily to higher delivery volumes and an improved product mix, while the sequential increase was due to higher delivery volumes.
Vehicle deliveries for the quarter were 107,658 units, marking a 49.4% rise from the 72,056 units delivered in the second quarter of 2025 and a 29.0% increase from the 83,465 units delivered in the first quarter of 2026. Deliveries included 60,945 vehicles from the NIO brand, 29,124 from ONVO, and 17,589 from FIREFLY. Gross profit for the quarter stood at RMB5,906.5 million, up 211.3% from RMB1,897.6 million in the second quarter of 2025 and up 21.6% from RMB4,859.1 million in the first quarter of 2026. The gross margin was 18.4%, an increase from 10.0% in the same period last year but a slight decrease from 19.0% in the preceding quarter.
The company's net loss was RMB528.0 million for the second quarter of 2026, a significant improvement from the RMB4,994.8 million net loss in the second quarter of 2025 and an increase from the RMB332.1 million net loss in the first quarter of 2026. Diluted net loss per ordinary share was RMB0.29, compared to RMB2.31 in Q2 2025 and RMB0.20 in Q1 2026. Cash and cash equivalents, restricted cash, short-term investments, and long-term time deposits totaled RMB56.7 billion as of June 30, 2026.
Looking ahead, NIO provided guidance for the third quarter of 2026, expecting vehicle deliveries to be between 108,000 and 111,000 units. Total revenues are projected to be between RMB33,285 million and RMB34,051 million. The filing did not provide specific details on the expected average selling price or product mix for the upcoming quarter.
Key details
- Total revenues were RMB32,136.9 million (US$4,736.4 million) in Q2 2026, up 69.1% year-over-year.
- Vehicle sales were RMB29,058.2 million (US$4,282.7 million) in Q2 2026, an increase of 80.1% year-over-year.
- Vehicle deliveries reached 107,658 units in Q2 2026, a 49.4% increase from Q2 2025.
- Gross profit was RMB5,906.5 million (US$870.5 million), up 211.3% year-over-year, with gross margin at 18.4%.
Reported results
| Measure | Reported |
|---|---|
| Period | Q2 2026 |
| Revenue | 32.14B CNY |
| Revenue, year ago | 19.00B CNY |
| Revenue growth, YoY | +69.1% |
| Gross margin | 18.4% |
| Diluted EPS | -0.29 CNY |
| Reporting currency | CNY |
Figures as reported by NIO Inc. in this filing, in CNY. Year-over-year growth is calculated from the two revenue lines above.
Guidance
Q3 2026 vehicle deliveries between 108,000 and 111,000; total revenues between RMB33,285 million and RMB34,051 million.
Why it matters
This 6-K reports a results announcement at NIO Inc.. The likely share-price reaction reads as positive.