NIO News
R40 coverage for NIO Inc. (NIO).
R40 Coverage
NIO Q2 2026 reported earnings analysis
NIO's June quarter earned RMB298,509 of revenue per vehicle — the rate its own guide assumed, and 2.9% below what the $4.80bn consensus needed. Revenue missed the floor of that guide, the shares fell 4.4%, and every forward number that matters came from the call, not the release.
NIO Q2 2026 earnings preview
Consensus of about $4.80B and a loss of $0.05–0.07 per ADS needs RMB307,552 of revenue per vehicle — more than the March quarter delivered, on a guide that assumed 2.6% less. NIO already delivered 2,342 fewer cars than that guide's floor.
NIO Joins Coverage With No Rule of 40 Score, Because It Publishes Cash Flow Twice a Year.
NIO joins coverage the day before its June-quarter print with gross margin repaired from 1.5% to 19.0% in twelve quarters — and no R40 score, because as a foreign private issuer it files a cash-flow statement only for the half year and the full year.