By Jiahui Huang
NIO is scheduled to report fourth-quarter results on Tuesday. Here is what you need to know:
NET LOSS: The Chinese electric-vehicle maker's net loss likely came in at 292.2 million yuan, equivalent to $42.4 million, according to Visible Alpha consensus estimate, narrowing significantly from 7.13 billion yuan a year earlier.
REVENUE: The automaker, known for battery swapping and its battery-as-a-service model, is expected to post a 71% increase in revenue to 33.68 billion yuan, according to Visible Alpha.
NIO's Hong Kong-listed shares fell 29% in the final three months of 2025 amid a broad decline in Chinese auto stocks as demand in the sector remained subdued. The stock has lost an additional 6.6% year to date.
WHAT TO WATCH:
--OUTLOOK: Investors will be looking out for NIO's first-quarter sales guidance. The company typically releases revenue and vehicle-delivery forecasts in its quarterly report.
--MARGINS: NIO's vehicle margin was 14.7% in the third quarter and 13.1% in the fourth quarter of 2024. Investors will scrutinize the company's margin trend to assess its financial health and prospects.
--BOTTOM LINE: NIO guided for fourth-quarter adjusted profit from operations of between 700 million yuan and 1.2 billion yuan, citing sustained growth in sales volume and improved margins. It also forecast profit from operations of 200 million yuan to 700 million yuan for the quarter. Investors will be closely watching the bottom line, given the company has signaled that profitability is its main goal for 2026.
--BATTERY-SWAPPING TECH: Rival EV maker BYD last week released a new battery that can be charged to 97% of capacity from 10% in nine minutes using its new flash charging stations. That has raised questions about whether the fast-charging technology poses a threat to NIO's battery-swapping tech. Investors will be watching for the company's response during the earnings call.
Write to Jiahui Huang at jiahui.huang@wsj.com
(END) Dow Jones Newswires
March 09, 2026 04:47 ET (08:47 GMT)
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