凤凰网科技11-25
凤凰网科技讯 11月25日，蔚来发布2025年第三季度财报。数据显示，蔚来第三季度营收217.9亿元，同比增长16.7%；三季度综合毛利率13.9%。
根据财报，该季度净亏损为34.805亿元，较2024年同期的净亏损50.60亿元收窄31.2%，较2025年第二季度的净亏损49.93亿元收窄30.3%。
若剔除股权激励费用及组织优化支出等非经常性项目，经调整净亏损为27.351亿元，同比收窄38.0%，环比收窄33.7%。
其中，蔚来三季度交付87071台，同比增长40.8%。三季度整车毛利率14.7%。四季度交付指引120000台至125000台，同比增长65.1%至72.0%。营收指引327.6亿元至340.4亿元，同比增长66.3%至72.8%。
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