NIO INC - ADR (NYSE:NIO) Q3 2025 Earnings: EPS Beat Offsets Revenue Miss, Stock Rises

NIO INC - ADR (NYSE:NIO) reported its third-quarter 2025 financial results, delivering a performance that presented investors with a mixed picture. The electric vehicle manufacturer missed revenue expectations but surpassed earnings per share estimates, triggering a notable pre-market stock movement as the market digested these contrasting signals.

Earnings and Revenue Performance

The company's Q3 2025 results revealed a clear divergence between its top-line revenue and bottom-line profitability relative to analyst forecasts.

• Revenue: Reported RMB 21.79 billion (US $3.06 billion), falling short of the analyst estimate of RMB 22.35 billion.
• Non-GAAP EPS: Reported a loss of RMB 1.49 per share, which was a narrower loss than the estimated loss of RMB 1.67 per share.

While the revenue miss suggests softer-than-expected sales, the better-than-anticipated EPS figure indicates that NIO managed its costs and expenses more effectively than analysts had projected for the quarter. This improvement in profitability, even while still reporting a loss, appears to be the primary driver behind the immediate positive market reaction.

Market Reaction

The market's initial response to the earnings report has been decisively positive. In pre-market trading, NIO's stock price increased by approximately 2.6%. This upward move represents a significant shift in short-term sentiment, especially when viewed against the stock's recent performance, which has seen declines over the past week, two weeks, and month. The pre-market surge suggests that investors are focusing more intently on the earnings beat and improved cost management than on the revenue shortfall for the quarter.

Quarterly Business Highlights

According to the company's press release, the third quarter was characterized by strong operational execution in vehicle deliveries. NIO reported 87,071 vehicle deliveries for the period, a key operational metric that underpins its revenue generation. The achievement of nearly RMB 21.8 billion in total revenues further underscores the scale at which the company is now operating, even as it fell slightly below Wall Street's expectations.

Forward-Looking Estimates

With no formal outlook provided in the press release, investor attention now turns to the analyst consensus for the coming periods. The market will be watching closely to see if NIO can maintain its trajectory toward profitability while reigniting sales growth.

• Q4 2025 Analyst Estimates:
  • Revenue/Sales: RMB 35.39 billion
  • EPS: Loss of RMB 0.75 per share
• Full-Year 2025 Analyst Estimates:
  • Revenue/Sales: RMB 90.28 billion
  • EPS: Loss of RMB 7.07 per share

The company's ability to meet or exceed these estimates, particularly the revenue target for the crucial fourth quarter, will be a critical factor for the stock's performance into 2026.

For a detailed breakdown of historical earnings, future estimates, and analyst ratings, you can review the data available on the NIO earnings and estimates page.

Disclaimer: This article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their individual financial circumstances before making any investment decisions.