r/nio
Qin's remarks on Q1 earnings
NIO President hints Q1 results will reflect R&D payoffs despite seasonal weakness, pointing to positive developments ahead of earnings.
- Q1 results expected to reflect payoffs from significant R&D efforts.
- Comments point to positive developments ahead of the earnings release.
- Q1 is typically a seasonally weaker quarter for sales.
- It is unlikely that NIO will report a profit for Q1.
Attached is a short video interview with Qin Lihong, President of NIO Inc.. In the interview, Qin appears to suggest that NIO’s Q1 2026 results will reflect the payoff from the company’s significant research and development efforts, particularly during what is typically a seasonally weaker quarter for sales.
While it would be a stretch to interpret this as an indication that NIO will report a profit for Q1, the comments do seem to point to positive developments that investors can look forward to ahead of the company’s earlier-than-usual earnings release. :-)
We already know they beat their Q1 guidance, so I don't know why everyone has been going around saying its expected to be horrible. I don't think it will be profitable, nor should we expect it. All they've said is that they're aiming for a yearly profit for the first time this year, that's the goal. If Q1 turns out to be profitable cool, but this reddit and the market in general have a tendency to create unrealistic expectations about Nio and then get upset when they obviously didn't meet them. The main mystery is their Q2 guidance, given the (market-wide) lower sales in April.
For April delivery, I'd say the figures are in line with the expectation. NEVs generally have slower deliveries at beginning of the year, ramping up towards end of the year. If any, I'd say that March delivery was unexpectedly high which is why Nio beat Q1 guidance.
I do also want to point out that Qin's comments could indicate an improvement in profit margin owing to Nio's prior year investments. We've seen in Leapmotor's Q1 report that record vehicle delivery and revenue could still result in massive losses, if the margin isn't there to bring profit.
For those wondering, this interview was recorded during yesterday’s Onvo L80 post-launch media session.
The earnings is around the corner, just hold your horses!
Of cos Nio Q1 2026 will be good. If not, they wouldn't report the earning so early.. We have observed Nio behavior for years. If the Qtr is bad. They will try to report as late as possible.
Rumors saying they didn’t beat earnings cause of the Chinese holiday
Nio sales increased 57% yoy in February during chinese new year, so that doesn't make sense
If they didn't beat the earning. They would have push back the earning date. Next!
Oooh, new account posting.
Yeah.. it's my first time posting in this sub