NIO $NIO

Consumer Discretionary

$3.30
-0.07 (-1.93%)
As of Oct 22, 2026, 3:43 PM EDT · cached
Price history
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NIO (NIO) is trading down at $3.30 (-1.93%), as of the latest quote. It operates in the Consumer Discretionary sector.

IPO: September 12, 2018 · $6.26 offering · NYSE · View IPO details →

NIO revenue & net income history (FY2016–FY2025)

RevenueNet incomeNet margin (right axis, %)
CN¥87.5BCN¥32.1B−CN¥23.3BFY2016 revenue: CN¥0FY2016 net income: −CN¥3.52B'16FY2017 revenue: CN¥0FY2017 net income: −CN¥7.56B'17FY2018 revenue: CN¥4.95BFY2018 net income: −CN¥23.3B · Net margin −471.2%'18FY2019 revenue: CN¥7.82BFY2019 net income: −CN¥11.4B · Net margin −145.9%'19FY2020 revenue: CN¥16.3BFY2020 net income: −CN¥5.61B · Net margin −34.5%'20FY2021 revenue: CN¥36.1BFY2021 net income: −CN¥10.6B · Net margin −29.3%'21FY2022 revenue: CN¥49.3BFY2022 net income: −CN¥14.6B · Net margin −29.6%'22FY2023 revenue: CN¥55.6BFY2023 net income: −CN¥21.1B · Net margin −38.0%'23FY2024 revenue: CN¥65.7BFY2024 net income: −CN¥22.7B · Net margin −34.5%'24FY2025 revenue: CN¥87.5BFY2025 net income: −CN¥15.6B · Net margin −17.8%'25−33.3%0%50%FY2018 net margin: −471.2% (off the scale, which stops at −33.3%)FY2019 net margin: −145.9% (off the scale, which stops at −33.3%)FY2020 net margin: −34.5% (off the scale, which stops at −33.3%)FY2021 net margin: −29.3%FY2022 net margin: −29.6%FY2023 net margin: −38.0% (off the scale, which stops at −33.3%)FY2024 net margin: −34.5% (off the scale, which stops at −33.3%)FY2025 net margin: −17.8%
NIO annual financial statements
FY2016Dec 2016FY2017Dec 2017FY2018Dec 2018FY2019Dec 2019FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
RevenueCN¥0CN¥0CN¥4.95BCN¥7.82BCN¥16.3BCN¥36.1BCN¥49.3BCN¥55.6BCN¥65.7BCN¥87.5B
Growth (year over year)———+58.0%+107.8%+122.3%+36.3%+12.9%+18.2%+33.1%
Gross profit——−CN¥255.9M−CN¥1.20BCN¥1.87BCN¥6.82BCN¥5.14BCN¥3.05BCN¥6.49BCN¥11.9B
Gross margin——−5.2%−15.3%11.5%18.9%10.4%5.5%9.9%13.6%
Operating income−CN¥2.60B−CN¥4.95B−CN¥9.60B−CN¥11.1B−CN¥4.61B−CN¥4.50B−CN¥15.6B−CN¥22.7B−CN¥21.9B−CN¥14.0B
Operating margin——−193.8%−141.6%−28.3%−12.4%−31.7%−40.7%−33.3%−16.0%
Net income−CN¥3.52B−CN¥7.56B−CN¥23.3B−CN¥11.4B−CN¥5.61B−CN¥10.6B−CN¥14.6B−CN¥21.1B−CN¥22.7B−CN¥15.6B
Net margin——−471.2%−145.9%−34.5%−29.3%−29.6%−38.0%−34.5%−17.8%
EPS (diluted)−CN¥210.66−CN¥346.84−CN¥70.23−CN¥11.08−CN¥4.74−CN¥6.72−CN¥8.89−CN¥12.44−CN¥11.03−CN¥6.85
Balance sheet
Cash and equivalentsCN¥596.6MCN¥7.51BCN¥3.13BCN¥862.8MCN¥38.4BCN¥15.3BCN¥19.9BCN¥32.9BCN¥19.3BCN¥11.3B
Total assets—CN¥10.5BCN¥18.8BCN¥14.6BCN¥54.6BCN¥82.9BCN¥96.3BCN¥117.4BCN¥107.6BCN¥124.4B
Total liabilities—CN¥2.40BCN¥10.7BCN¥19.4BCN¥22.8BCN¥44.8BCN¥68.6BCN¥87.8BCN¥94.1BCN¥111.7B
Long-term debt—CN¥642.4MCN¥1.17BCN¥7.15BCN¥5.94BCN¥9.74BCN¥10.9BCN¥13.0BCN¥11.4BCN¥8.63B
Shareholders' equity−CN¥3.92B−CN¥11.6BCN¥6.84B−CN¥6.30BCN¥27.2BCN¥34.7BCN¥23.9BCN¥25.5BCN¥5.97BCN¥4.16B
Cash flow
Operating cash flow−CN¥2.20B−CN¥4.57B−CN¥7.91B−CN¥8.72BCN¥1.95BCN¥1.97B−CN¥3.87B−CN¥1.38B−CN¥7.85BCN¥2.99B
Capital expenditure—CN¥1.11BCN¥2.64BCN¥1.71BCN¥1.13BCN¥4.08BCN¥6.97BCN¥14.3BCN¥9.14BCN¥6.07B
Free cash flow—−CN¥5.69B−CN¥10.6B−CN¥10.4BCN¥823.2M−CN¥2.11B−CN¥10.8B−CN¥15.7B−CN¥17.0B−CN¥3.07B
Share buybacks——CN¥7.49M———————

From NIO's 20-F and 6-K filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. Amounts are in Chinese Yuan (CNY), as reported, not converted to dollars. Per-share figures are per ordinary share, which is not always the share traded in the US: an ADS can stand for several, or for part of one. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About NIO

Headquarters
Shanghai, China From SEC filings, Oct 2026

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