NIO Inc. (NYSE: NIO) on Tuesday reported a narrower loss for the second quarter of 2025, on an adjusted foundation, reflecting a rise in automobile gross sales. The corporate additionally issued optimistic steering for the third quarter.
The China-based electrical automobile maker’s revenues elevated 9% year-over-year to $2.65 billion within the second quarter of fiscal 2025. Automobile gross sales, the first income supply, elevated 2.9% YoY.
Web loss attributable to Nio shareholders was $717.7 million or $0.32 per ADS within the June quarter. Excluding share-based compensation bills, organizational optimization expenses and accretion on redeemable non-controlling pursuits to redemption worth, adjusted internet loss per ADS got here in at $0.25, in comparison with a lack of $0.30 per ADS final 12 months.
For the third quarter of 2025, the corporate expects whole revenues to be between $3.045 billion and $3.193 billion. It forecasts whole automobile deliveries within the vary of 87,000 to 91,000 for Q3.
William Bin Li, CEO of NIO, mentioned, “The sturdy market reception of ONVO L90 and NIO All-New ES8 has bolstered our total gross sales momentum. Pushed by this sturdy demand, we anticipate whole deliveries within the third quarter to vary between 87,000 and 91,000, representing a year-on-year development of 40.7% to 47.1% and setting a brand new Firm file.”
