Nio Surges 15.4% on Q4 Revenue Jump and Raises Q1 Delivery Outlook
Nio reported fourth-quarter revenue of 34.65 billion yuan, up 75.9% year-over-year, driven by 71.7% higher vehicle deliveries, while its stock surged 15.4%. The company projects first-quarter 2026 deliveries of 80,000–83,000 units (up about 90%–97% year-over-year) and revenue of 24.48–25.18 billion yuan, above estimates.
1. Q4 Financial Results
Nio posted fourth-quarter revenue of 34.65 billion yuan, a 75.9% increase year-over-year, with vehicle revenue up 80.9%. The stock jumped 15.38% to close at $5.70 and dipped 1.4% to $5.62 in after-hours trading.
2. Vehicle Deliveries Surge
Vehicle deliveries rose 71.7% year-over-year, driving the revenue surge and reflecting strong demand across Nio’s electric sedan and SUV models.
3. Q1 2026 Guidance
Nio forecasts first-quarter 2026 deliveries of 80,000–83,000 units (90.1%–97.2% growth) and revenue of 24.48–25.18 billion yuan (103.4%–109.2% growth), both exceeding consensus estimates.