Nio Earnings
Nio Q4 2024 earnings call: Live updates
This post provides live updates on the key takeaways from Nio's fourth-quarter 2024 earnings call.
Nio posts record net loss in Q4 as SG&A rises further; gross margin improves slightly
Nio's net loss in the fourth quarter was a record RMB 7.11 billion yuan, an increase of 40.6 percent from the third quarter, as SG&A expenses hit a record high.
Nio Q3 earnings call: Sales and profitability targets, new model plans, and more
Nio is confident of doubling sales next year and aims to be profitable by 2026. The third brand is officially named Firefly and its first model will begin deliveries in the first half of 2025.
Nio posts lower-than-expected Q3 revenue, gross margin improves
Nio reported weaker-than-expected revenue in the third quarter, which was also below its guidance range. It reported a net loss that was flat from the second quarter, with gross margin improving to 10.7 percent.
Nio posts better-than-expected Q2 earnings as deliveries hit record high
Nio reported a total revenue of RMB 17.446 billion ($2,400.6 million) in the second quarter, better than the RMB 17.385 billion expected by Wall Street analysts.
Nio's revenue slips in Q1 as deliveries decline
Nio guided for second-quarter deliveries of between 54,000 and 56,000 units, meaning June deliveries are expected to be between 17,836 and 19,836 units.
Nio Q4 earnings: Revenue beats estimates, gross margin falls short
Nio reported a net loss of RMB 5.37 billion in the fourth quarter, down 7.2 percent from the fourth quarter of 2022 and up 17.8 percent from the third quarter of 2023.
Nio Q3 earnings: Revenue hits record high, gross margin rebounds to 8%, loss narrows
Nio guided for fourth-quarter vehicle deliveries in the range of 47,000 to 49,000, meaning it expects to deliver between 14,967 and 16,967 vehicles in December.
Nio Q2 earnings: Revenue misses estimates, gross margin falls to 1%, outlook beats
Nio missed Wall Street's revenue estimates and widened its net loss to RMB 6.06 billion in the second quarter, but gave a third-quarter outlook that beat expectations.
Nio Q1 earnings miss expectations, gross margin drops to 1.5%
Nio guided for second quarter vehicle deliveries to be between 23,000 and 25,000 units, meaning it expects June deliveries to be in the range of 10,187-12,187 units.
