05:50 AM EDT, 09/02/2025 (MT Newswires) -- Nio (NIO) reported a Q2 adjusted net loss Tuesday of 1.85 renminbi ($0.25) per diluted American depositary share, narrower than a loss of 2.21 renminbi a year earlier.

Analysts polled by FactSet expected a loss of 2.22 renminbi.

Revenue for the quarter ended June 30 was 19.01 billion renminbi, compared with 17.45 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 19.62 billion renminbi.

For Q3, the company expects revenue between 21.81 billion renminbi and 22.88 billion renminbi. Analysts surveyed by FactSet expect 24.14 billion renminbi.

Nio shares were down 3.4% in recent premarket activity.