NIO Gross Margin 2019-2025 | NIO

Current and historical gross margin for NIO (NIO) over the last 10 years. The current gross profit margin for NIO as of December 31, 2025 is %.
Unlock Macrotrends Premium
40 years of data
Faster, ad-free pages
Unlimited data exports
Full-width charts
NIO Gross Margin Historical Data
Date TTM Revenue TTM Gross Profit Gross Margin
2025-12-31 $12.51B $1.70B 13.62%
2025-09-30 $9.94B $1.12B 11.27%
2025-06-30 $9.54B $0.98B 10.29%
2025-03-31 $9.29B $0.95B 10.21%
2024-12-31 $9.01B $0.89B 9.88%
2024-09-30 $8.89B $0.77B 8.67%
2024-06-30 $8.84B $0.69B 7.85%
2024-03-31 $7.65B $0.47B 6.20%
2023-12-31 $7.83B $0.43B 5.49%
2023-09-30 $7.59B $0.32B 4.20%
2023-06-30 $6.81B $0.35B 5.20%
2023-03-31 $7.14B $0.54B 7.60%
2022-12-31 $7.14B $0.75B 10.44%
2022-09-30 $6.55B $0.95B 14.53%
2022-06-30 $6.24B $1.02B 16.29%
2022-03-31 $6.02B $1.06B 17.64%
2021-12-31 $5.67B $1.07B 18.87%
2021-09-30 $5.15B $0.97B 18.82%
2021-06-30 $4.30B $0.75B 17.38%
2021-03-31 $3.52B $0.55B 15.56%
2020-12-31 $2.49B $0.29B 11.48%
2020-09-30 $1.79B $0.07B 3.96%
2020-06-30 $1.38B $-0.05B -3.33%
2020-03-31 $1.08B $-0.16B -15.16%
2019-12-31 $1.12B $-0.17B -15.30%
2019-09-30 $0.93B $-0.15B -16.49%
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