NIO Cost of Goods Sold 2019-2026 | NIO
NIO annual/quarterly cost of goods sold history and growth rate from 2019 to 2026. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
- NIO cost of goods sold for the quarter ending March 31, 2026 was $2.997B, a 95.67% increase year-over-year.
- NIO cost of goods sold for the twelve months ending March 31, 2026 was $12.272B, a 47.1% increase year-over-year.
- NIO annual cost of goods sold for 2025 was $10.807B, a 33.16% increase from 2024.
- NIO annual cost of goods sold for 2024 was $8.116B, a 9.62% increase from 2023.
- NIO annual cost of goods sold for 2023 was $7.404B, a 15.73% increase from 2022.
|
NIO Annual Cost of Goods Sold (Millions of US $) |
|
|---|---|
| 2025 | $10,807 |
| 2024 | $8,116 |
| 2023 | $7,404 |
| 2022 | $6,397 |
| 2021 | $4,600 |
| 2020 | $2,205 |
| 2019 | $1,296 |
| 2018 | $757 |
| 2017 | |
|
NIO Quarterly Cost of Goods Sold (Millions of US $) |
|
|---|---|
| 2026-03-31 | $2,997 |
| 2025-12-31 | $4,250 |
| 2025-09-30 | $2,637 |
| 2025-06-30 | $2,389 |
| 2025-03-31 | $1,532 |
| 2024-12-31 | $2,268 |
| 2024-09-30 | $2,375 |
| 2024-06-30 | $2,168 |
| 2024-03-31 | $1,305 |
| 2023-12-31 | $2,271 |
| 2023-09-30 | $2,405 |
| 2023-06-30 | $1,198 |
| 2023-03-31 | $1,531 |
| 2022-12-31 | $2,142 |
| 2022-09-30 | $1,584 |
| 2022-06-30 | $1,337 |
| 2022-03-31 | $1,335 |
| 2021-12-31 | $1,342 |
| 2021-09-30 | $1,212 |
| 2021-06-30 | $1,065 |
| 2021-03-31 | $981 |
| 2020-12-31 | $925 |
| 2020-09-30 | $580 |
| 2020-06-30 | $482 |
| 2020-03-31 | $217 |
| 2019-12-31 | $439 |
| 2019-09-30 | $288 |
| 2019-06-30 | $293 |
| 2019-03-31 | $276 |
| 2018-09-30 | $231 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Auto/Tires/Trucks | Auto Manufacturers - Foreign | $14.935B | $12.511B |
| NIO is a pioneer in China's EV market. NIO's unique selling proposition is to provide EVs at competitive pricing. Importantly, NIO does not really manufacture its own cars. It contracts state-owned JAC Motors, headquartered in eastern China's Anhui province, to make vehicles. In turn, JAC charges fee for every car. In fact, NIO does not have a dealership network and instead sells its vehicles through apps and a network of swanky NIO Houses, located in some of the most expensive areas of China's largest cities. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Toyota (TM) | Japan | $274.535B | 11.10 |
| Byd (BYDDY) | China | $120.073B | 18.89 |
| BYD (BYDDF) | China | $117.569B | 18.87 |
| Mercedes-Benz Group AG (MBGYY) | Germany | $60.564B | 5.46 |
| BMW (BAMXF) | Germany | $54.617B | 7.04 |
| Volkswagen AG (VWAGY) | Germany | $53.488B | 7.16 |
| Honda (HMC) | Japan | $37.523B | 9.58 |
| Volkswagen AG (VLKAF) | Germany | $31.043B | 7.04 |
| Stellantis (STLA) | Netherlands | $30.262B | 0.00 |
| Bridgestone (BRDCY) | Japan | $28.855B | 0.00 |
| Suzuki Motor (SZKMY) | Japan | $22.264B | 8.11 |
| Li Auto (LI) | China | $20.327B | 147.77 |
| Hyundai Motor (HYMLF) | South Korea | $19.016B | 3.50 |
| XPeng (XPEV) | China | $16.533B | 0.00 |
| Subaru (FUJHY) | Japan | $11.434B | 15.94 |
| Porsche Automobil Holding SE (POAHY) | Germany | $11.393B | 0.00 |
| RENAULT (RNLSY) | France | $10.779B | 0.00 |
| Isuzu Motors (ISUZY) | Japan | $10.194B | 10.65 |
| Dongfeng Motor Group (DNFGY) | China | $9.573B | 0.00 |
| Nissan Motor (NSANY) | Japan | $8.245B | 0.00 |
| Yamaha Motor (YMHAY) | Japan | $7.514B | 210.86 |
| ZEEKR Intelligent Technology Holding (ZK) | China | $6.848B | 0.00 |
| Auto Trader Group (ATDRY) | United Kingdom | $5.202B | 0.00 |
| Mazda Motor (MZDAY) | Japan | $4.160B | 8.68 |
| Hino Motors (HINOY) | Japan | $1.715B | 5.81 |
| Polestar Automotive Holding UK (PSNY) | Sweden | $1.452B | 0.00 |
| Sono Group (SSM) | Germany | $0.009B | 0.00 |
| Masonglory (MSGY) | Hong Kong, SAR China | $0.007B | 0.00 |
| GreenPower Motor (GP) | Canada | $0.005B | 0.00 |
| Lobo EV Technologies (LOBO) | China | $0.005B | 0.00 |
| Jiuzi Holdings (JZXN) | China | $0.001B | 0.00 |
| Kaixin Holdings (KXIN) | China | $0.000B | 0.00 |