NIO Q2 2026: Revenue Rises, Deliveries Jump, GAAP Loss Narrower and Non-GAAP Profit Emerges
NIO reported unaudited Q2 2026 results with total revenue of RMB32.14 billion ($4.74 billion) and vehicle deliveries of 107,658, up 49.4% year over year. Vehicle sales were RMB29.06 billion, vehicle margin 18.5%, gross profit RMB5.91 billion and gross margin 18.4%. GAAP net loss narrowed to RMB528.0 million, while adjusted non-GAAP net profit reached RMB26.1 million and adjusted operating profit RMB206.9 million. Cash and cash equivalents plus short‑term investments stood at RMB56.7 billion. For Q3 2026, NIO guided 108,000–111,000 deliveries and RMB33.285–34.051 billion in revenue. July and August deliveries were 35,934 and 35,836 respectively, bringing 2026 deliveries through August 31 to 262,893 (and total cumulative to 1,260,485). The company also reiterated progress across its NIO, ONVO, and FIREFLY brands and advanced strategic initiatives, including ES8 Five-Seat Version launch and Shenji financing activity.
