Chinese EV maker Nio Inc.
Nio's Profit Alert, Delivery Figures
Nio is expected to report an adjusted profit of anywhere between $100 million and $172 million at the earnings call. As far as operational profit is concerned, the EV maker is expected to report anywhere between $29 million and $100 million.
The company also reported strong delivery figures for January, recording a 96% YoY surge as it delivered 27,182 vehicles during the month. In February 2026, Nio delivered 20,797 vehicles, which marked a 57.6% YoY increase. Nio's YTD deliveries stood at 47,979 units, representing a 77.3% surge. Nio's total deliveries have crossed the 1.04 million threshold.
GeniTech Funding
Nio's chip subsidiary, GeniTech Co. Ltd., also secured almost $330 million in funding. The company oversees Nio's self-driving chip operations, with its primary customer being Nio for now.
The company had earlier shared that its in-house self-driving chip would be able to provide a cost advantage to the company when compared with chips sourced from third-party manufacturers.
Nio's Earnings Estimates
The company is expected to report a loss of 5 cents per share, which would illustrate an improvement from over 43 cents lost during Q4 2024. Analysts have forecasted a revenue of $4.61 billion for the automaker, which is almost double last year's $2.70 billion revenue.
In the previous quarter, Nio reported a Q3 revenue of $3.06 billion, which was a 16.7% YoY increase. However, the revenue still fell short of market expectations of $3.26 billion. Nio had also reported an adjusted EPS loss of 15 cents per share.
Battery Swapping
Nio's CEO William Li recently doubled down on the company's battery swapping technology, according to a report by Electric Vehicles on Monday. The automaker sees battery swapping as a viable alternative to EV charging, where speeds still remain a headwind, for the most part at least.
With BYD Co. Ltd.
According to Benzinga Edge Rankings, Nio offers poor Momentum.
Price Action: Nio is up 1.82% to $5.03 in pre-market trading on Tuesday, after it surged 3.35% to $4.94 at market close on Monday.
