NIO Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), NIO reported revenue of $32.1B, gross profit of $5.9B (18.4% gross margin), operating income of −$347M, and net income of −$528M (-1.6% net margin). The flow of revenue into costs and profit is visualized below.
What changed
NIO reported a net loss; revenue grew 47.5% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +47.5% | +84.8% | +14.3 pp |
Consensus estimate data is not available for this report.
NIO Q2 2026 Income Statement
| Line item | Amount (RMB) | % of revenue |
|---|---|---|
| Revenue | $32.1B | 100% |
| Cost of Revenue | −$26.2B | 81.6% |
| Gross Profit | $5.9B | 18.4% |
| Research & Development | −$2.1B | 6.7% |
| Selling, General & Administrative | −$4.4B | 13.8% |
| Other Operating Expenses | −$316M | 1.0% |
| Operating Income | −$347M | -1.1% |
| Other Income, net | −$148M | 0.5% |
| Income Tax Expense | −$33M | 0.1% |
| Net Income | −$528M | -1.6% |
Source: original SEC filing (filed 2026-09-01). Accession 0001104659-26-104110. Data normalized by EarningsFyi.