NIO ES9 Joins Hands with Yao Ming: Advancing with the Times
Great eras shape legends and call for flagships. Together with Chief Experience Officer Yao Ming, the NIO ES9 looks beyond the horizon and advances with the times.
Tune in tonight at 19:30(Beijing Time) for the official launch of the NIO ES9.
NIO Inc. Reports Unaudited First Quarter 2026 Financial Results
NIO Inc. announced its unaudited financial results for the first quarter ended March 31, 2026.
- Excluding share-based compensation expenses, adjusted profit from operations (non-GAAP) was RMB 66.8 million (US$ 9.7 million) in the first quarter of 2026, achieving profitability for two consecutive quarters.
- Total revenues were RMB 25,532.7 million (US$ 3,701.5 million) in the first quarter of 2026, representing an increase of 112.2% from the first quarter of 2025.
- Gross profit was RMB 4,859.1 million (US$ 704.4 million) in the first quarter of 2026, representing an increase of 428.4% from the first quarter of 2025.
- Gross margin was 19.0% in the first quarter of 2026, setting a new four-year record.
- Vehicle margin was 18.8% in the first quarter of 2026, recording four consecutive quarters of quarter-over-quarter growth and hitting a new four-year high.
- Other sales margin was 20.6% in the first quarter of 2026, setting a new four-year record.
- Balance of cash and cash equivalents, restricted cash, short-term investment and long-term time deposits was RMB 48.2 billion (US$ 7.0 billion) as of March 31, 2026. We generated positive operating cash flows in the first quarter of 2026, delivering positive operating cash flow for three consecutive quarters.
- We expect total deliveries in the second quarter to range between 110,000 and 115,000 vehicles, with a year-over-year growth of 52.7% to 59.6%. Revenue guidance is set at RMB 32,777 million (US$$ 4,752 million) to RMB 34,436 million (US$$ 4,992 million), up 72.4% to 81.2% year over year.
@AlboMP Instead of giving everyone $250 back...how about we use that 6.4 Billion to pay down some debt?
Or give it to people earning under a certain threshold not to CEOs? 🤦🏼
NIO Inc. delivered 35,486 vehicles, representing an increase of 136% year-over-year and 70.6% month-over-month. In the first quarter of 2026, total deliveries reached 83,465, up 98.3% year-over-year, exceeding the upper end of NIO’s delivery guidance.
Of the total, the NIO brand delivered 22,490 vehicles, up 120.1% year-over-year and 48.4% month-over-month; the ONVO brand delivered 6,877 vehicles, up 42.7% year-over-year and 130.7% month-over-month; and the firefly brand delivered 6,119 vehicles, up 130.3% month-over-month. As of March 31, 2026, NIO Inc. has cumulatively delivered 1,081,057 vehicles.
The NIO ES9 Product and Technology Launch event will be held on April 9. Positioned as a flagship SUV with cutting-edge technology and executive luxury, the ES9 stands as the most advanced SUV of the year. It marks a milestone in NIO’s technological evolution and the culmination of NIO’s systemic innovation.
#NIO #BlueSkyComing
People start to realize $NIO is the tesla of china
...but its way bigger than this, $NIO is like tesla + Nvidia for the whole mobility and EV sector
$NIO spent billions on R&D and came up with their in-house autonomous driving chip (Shenji)
~1000 TOPS compute, ~3–4× Nvidia Orin-X , optimized for NIO’s own AI and driving stack.
$NIO solved the issue of degrading EV worth due to battery life, by selling cars without batteries
$NIO solved the limitations of charging times due to their unique 3 min battery swap
$NIO has a Fleet-driven data advantage
Hundreds of thousands of vehicles generate real-world driving data, improving autonomy over time. (This is way more valuable than hardware alone)
$NIO generated 178m$ profit already
Now $NIO is saving money on every car due to inhouse chip tech + it is renting and selling out their tech for further profit.
$NIO is also very active in robotics with hundreds of million $ investments into LimX Dynamics, Linkhou Robotics
$NIO will probably use this strategic investments to create more markets for their shenji chip.
All this at the valuation of 14b$ which is tiny and unheard of with such fundaments
@NIOGlobal