- Nio Inc delivered 83,465 vehicles in the first quarter, beating the upper end of its delivery guidance range.
- Investors will closely watch Nio's latest financial performance and margin trends after it achieved a historic first quarterly profit.
Nio Inc (NYSE: NIO) announced on Monday that it will report its unaudited first-quarter financial results before the US markets open on May 21.
The company's management will then host an earnings conference call at 8:00 am US Eastern Time on the same day to discuss business updates with investors and analysts.
Investors will closely monitor the Chinese electric vehicle (EV) maker's latest financial performance and margin trends following its historic first quarterly profit.
In the first quarter of this year, Nio Inc delivered a total of 83,465 vehicles, achieving a strong year-on-year growth of about 98.3%.
This delivery result exceeded the upper end of the company's previous quarterly delivery guidance range of 80,000 to 83,000 vehicles.
Nio previously guided that first-quarter revenue would range from 24.48 billion yuan ($3.6 billion) to 25.17 billion yuan, representing an increase of about 103.4% to 109.2% compared to the same period in 2025.
Despite the impact of the Chinese Chinese New Year holiday and the subsidy transition period in the first quarter, market demand for battery electric models maintained strong growth momentum.
Prior to this, Nio Inc reported an operating profit of 807.3 million yuan ($118.8 million) in the fourth quarter of 2025.
This marked the company's first-ever quarterly profit since its inception, primarily driven by record deliveries of the high-margin ES8 model and proactive cost-control measures.
However, with changes in the macroeconomic environment, the company and its local peers are facing new industry headwinds and persistent sales pressure heading into the second quarter.
Nio Inc delivered 29,356 vehicles in April, which, despite achieving year-on-year growth, represented a month-on-month decline of about 17.3%.
To break through the current industry headwinds, the company is concentrating its resources to ensure the smooth launch of strategic new models, including the new flagship SUV Nio ES9 and the Onvo L80.
The company's management expects that as the new model effect gradually materializes, these large electric SUVs will drive a steady rebound and increase in deliveries in May and June.
Analysts will also focus on management's reiteration of the full-year profitability target during the earnings call, as well as their latest forecasts for market demand trends in the coming months.
The company previously said that Nio Inc will strive to achieve full-year non-GAAP profitability in 2026.
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