r/nio
NIO Reports Strong Q1 2026 Earnings with Record Profitability
NIO reports record Q1 2026 profitability and revenue growth, author expects stock to rebound after weak-hand sell-offs.
- Operating profit of 66.8 million yuan, marking the second consecutive quarter of profitability.
- Total revenue surged 112.2% YoY to 25.53 billion yuan, with gross profit up 428.4%.
- Overall gross margin hit a four-year high of 19.0% driven by high-margin models like ES8 and ES9.
Yes, I know the share price is down right now, but give it a day or two. Right now all the pussies who thought Nio would be worth a trillion dollars today sold their shares and went crying to their mamas. Give it a couple days.
"On May 21, 2026, NIO Inc (NYSE: NIO) reported impressive financial results for the first quarter of 2026, achieving an operating profit of 66.8 million yuan, marking the second consecutive quarter of profitability. The company generated total revenue of 25.53 billion yuan, a 112.2% year-over-year increase, with gross profit reaching 4.86 billion yuan, up 428.4%. The overall gross margin hit a four-year high of 19.0%, driven by strong sales of high-margin models like the ES8 and the upcoming ES9."