Several high-stakes earnings reports are scheduled for this week, with individual investors watching companies like NIO, Broadcom, Figma, and Macy's. NIO reported Q2 earnings that beat expectations, while Zscaler will release its fourth-quarter results after Tuesday's market close. Figma will report its first post-IPO earnings report after Wednesday's market close, and Broadcom is set to report after Thursday's closing bell.
NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) reported its unaudited financial results for the second quarter ended June 30, 2025, showing robust growth in vehicle deliveries and revenue. The company delivered 72,056 units, a 25.6% increase year-over-year (YoY) and a 71.2% increase quarter-over-quarter (QoQ), driven by strong demand for its premium and family-oriented smart electric vehicle brands, NIO and ONVO, respectively [1].
Revenue reached RMB19,008.7 million (US$2,653.5 million) in Q2 2025, up 9.0% YoY and 57.9% QoQ, primarily due to increased vehicle sales. Vehicle sales totaled RMB16,136.1 million (US$2,252.5 million), up 2.9% YoY and 62.3% QoQ. Other sales, including used cars, technical research, and after-sales services, contributed RMB2,872.6 million (US$401.0 million), up 62.6% YoY and 37.1% QoQ [1].
Gross profit was RMB1,897.5 million (US$264.9 million), up 12.4% YoY and 106.3% QoQ, with a gross margin of 10.0%. The company's operating loss was RMB4,908.9 million (US$685.2 million), down 5.8% YoY and 23.5% QoQ, while the adjusted operating loss (non-GAAP) was RMB4,040.8 million (US$564.1 million), down 14.0% YoY and 32.1% QoQ. Net loss was RMB4,994.8 million (US$697.2 million), down 1.0% YoY and 26.0% QoQ, with the adjusted net loss (non-GAAP) at RMB4,126.7 million (US$576.1 million), down 9.0% YoY and 34.3% QoQ [1].
NIO's CEO, William Bin Li, attributed the strong performance to the positive market reception of the ONVO L90 and NIO All-New ES8, which were officially launched and made available for pre-orders in July and August 2025, respectively. Stanley Yu Qu, NIO's CFO, noted the improvement in non-GAAP operating loss, highlighting the company's cost reduction and efficiency initiatives [1].
References:
[1] https://ir.nio.com/news-releases/news-release-details/nio-inc-reports-unaudited-second-quarter-2025-financial-results
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