Nio sustains profitability trend in Q1 as revenue surges 112% year-on-year

Investor summaryBullish

NIO reports 112% YoY revenue growth and Q1 adjusted operating profit of 66.8M yuan, guiding for up to 115k deliveries in Q2.

Bull points

Q1 adjusted operating profit reached 66.8 million yuan, showing a sustained profitability trend.
Revenue surged 112% year-on-year, driven by strong deliveries of the high-margin ES8.
Q2 delivery guidance of up to 115,000 vehicles signals a steady sales rebound from new model launches.

NIO电动车财报季

Post body

Nio's first-quarter adjusted operating profit reached 66.8 million yuan ($9.7 million), driven by strong deliveries of the high-margin ES8.
The company guides for up to 115,000 vehicle deliveries in the second quarter, signaling a steady sales rebound driven by new model launches.

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