NIO Q4 Earnings: Revenue & EPS Miss, 45% Delivery Growth, Margin Gains And More

Chinese electric vehicle maker NIO, Inc (NYSE:NIO) shares are trading lower premarket on Friday after the company reported fiscal fourth-quarter revenue of 19.70 billion Chinese yuan ($2.70 billion), up 15.2% year-over-year and up 5.5% sequentially. Analysts, on average, estimated revenue of $2.85 billion for the quarter.

Excluding items, the company reported an adjusted loss per share per ADS of 3.17 Chinese yuan or 43 cent loss compared to a 2.81 Chinese yuan loss in the year-ago quarter. Analysts had called for a loss of 42 cents per ADS.

Vehicle deliveries were 72,689 in the quarter, up 45.2% Y/Y and 17.5% Q/Q. Consequently, vehicle revenue rose by 13.2% Y/Y and increased by 4.7% Q/Q.

Nio delivered 13,863 vehicles in January 2025 and 13,192 vehicles in February 2025. As of February 28, 2025, the cumulative number of NIO vehicle deliveries reached 698,619.

Gross margin ...