NIO Gross Profit 2019-2023 | NIO

NIO annual/quarterly gross profit history and growth rate from 2019 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
  • NIO gross profit for the quarter ending December 31, 2023 was $0.185B, a 152.07% increase year-over-year.
  • NIO gross profit for the twelve months ending December 31, 2023 was $0.430B, a 42.37% decline year-over-year.
  • NIO annual gross profit for 2023 was $0.43B, a 42.37% decline from 2022.
  • NIO annual gross profit for 2022 was $0.746B, a 30.33% decline from 2021.
  • NIO annual gross profit for 2021 was $1.07B, a 272.83% increase from 2020.
NIO Annual Gross Profit
(Millions of US $)
2023 $430
2022 $746
2021 $1,070
2020 $287
2019 $-172
2018 $-37
2017 $
NIO Quarterly Gross Profit
(Millions of US $)
2023-12-31 $185
2023-09-30 $209
2023-06-30 $12
2023-03-31 $24
2022-12-31 $74
2022-09-30 $244
2022-06-30 $200
2022-03-31 $228
2021-12-31 $280
2021-09-30 $309
2021-06-30 $244
2021-03-31 $237
2020-12-31 $180
2020-09-30 $86
2020-06-30 $44
2020-03-31 $-24
2019-12-31 $-35
2019-09-30 $-31
2019-06-30 $-73
2019-03-31 $-33
2018-09-30 $-17
Sector Industry Market Cap Revenue
Auto/Tires/Trucks Auto Manufacturers - Foreign $8.974B $7.834B
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 $298.737B 8.68
Byd (BYDDY) China $85.618B 20.61
Volkswagen AG (VWAGY) Germany $74.944B 0.00
Stellantis (STLA) Netherlands $69.987B 0.00
BMW (BAMXF) Germany $62.493B 5.60
BMW (BMWYY) Germany $61.899B 5.65
Volkswagen AG (VLKAF) Germany $44.042B 5.00
Suzuki Motor (SZKMY) Japan $23.113B 13.51
Li Auto (LI) China $23.035B 17.51
Subaru (FUJHY) Japan $15.989B 6.63
Nissan Motor (NSANY) Japan $14.094B 3.76
Geely Automobile Holdings (GELYY) Hong Kong, SAR China $13.558B 0.00
Isuzu Motors (ISUZY) Japan $9.821B 7.88
Auto Trader Group (ATDRY) United Kingdom $8.274B 0.00
XPeng (XPEV) China $7.800B 0.00
Dongfeng Motor Group (DNFGY) China $3.167B 0.00
Polestar Automotive Holding UK (PSNY) Sweden $2.348B 0.00
Vicinity Motor (VEV) Canada $0.036B 0.00
GreenPower Motor (GP) Canada $0.031B 0.00
Cazoo Group (CZOO) United Kingdom $0.030B 0.00
Lobo EV Technologies (LOBO) China $0.026B 0.00
Kaixin Holdings (KXIN) China $0.010B 0.00
Jiuzi Holdings (JZXN) China $0.001B 0.00
Honda (HMC) Japan $0.000B 7.17