Nio said it will release its unaudited financial results for the third quarter of 2025 before U.S. markets open on Tuesday, November 25. The company’s management will hold an earnings conference call at 7:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing time) on the same day.
The upcoming report comes as Nio enters a strong fourth quarter, with analysts watching closely to see if the Chinese electric vehicle maker can achieve its first quarterly profit under non-GAAP standards.
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During the third quarter, Nio delivered 87,071 vehicles, within its guidance range of 87,000 to 91,000 units, though near the lower end. Deliveries rose 40.77 percent year-on-year and 20.84 percent quarter-on-quarter, marking a new record for the company.
Nio had previously forecast revenue of between RMB 21.81 billion ($3.05 billion) and RMB 22.88 billion, reflecting growth of about 16.8 percent to 22.5 percent compared with the same period last year.
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For the first time, Nio’s Onvo sub-brand contributed more to quarterly deliveries than the main Nio brand. The Onvo brand delivered 37,656 vehicles, up 120.46 percent from the previous quarter, while the Nio main brand delivered 36,928 vehicles, a decline of 39.49 percent year-on-year and 21.65 percent quarter-on-quarter. The Firefly brand also delivered 12,487 vehicles, up 59.21 percent from the prior quarter.
Looking ahead, Nio aims to deliver 150,000 vehicles in the fourth quarter, averaging 50,000 units per month, according to company executives during the second-quarter earnings call on September 2.
