NIO Stock Drops as August Sales Mark Second Straight Monthly Decline
TLDR
- NIO’s Q2 net loss narrowed to 721.6 million yuan (~$107M), down from 5.14 billion yuan a year earlier
- Revenue rose 69% to 32.14 billion yuan, but both revenue and loss figures missed analyst expectations
- Vehicle deliveries grew nearly 50% year-over-year, though fell short of NIO’s own guidance
- NIO stock fell 6.4% in Hong Kong after August sales dropped 0.3% month-over-month, a second straight monthly decline
- NIO guided Q3 deliveries of 108,000 to 111,000 vehicles and revenue of 33.29 to 34.05 billion yuan, up 50%+ year-over-year
NIO posted a narrower loss for Q2 2026, but it wasn’t enough to impress investors or beat Wall Street’s numbers.
The Shanghai-based EV maker reported a net loss of 721.6 million yuan, roughly $107 million, compared to 5.14 billion yuan in the same period last year. That looks like solid progress, but analysts had penciled in a loss of just 558.4 million yuan.
Revenue came in at 32.14 billion yuan, a 69% jump year-over-year. Despite that, it fell short of the 33.71 billion yuan consensus estimate from Visible Alpha.
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