NIO Inc. reported unaudited financial results for the second quarter ended June 30, 2026. Total revenues reached RMB32,136.9 million (US$4,736.4 million), a 69.1% increase year-over-year, driven by vehicle sales of RMB29,058.2 million and deliveries of 107,658 units, up 49.4% from the prior year period. The company achieved a gross margin of 18.4% and an adjusted profit from operations (non-GAAP) of RMB206.9 million, marking a significant improvement from the adjusted loss in the same quarter last year. Cash reserves stood at RMB56.7 billion as of June 30, 2026. NIO operates in the global smart electric vehicle market.
