NIO Gross Profit 2019-2025 | NIO

NIO annual/quarterly gross profit history and growth rate from 2019 to 2025. 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 March 31, 2025 was $0.127B, a 87.59% increase year-over-year.
  • NIO gross profit for the twelve months ending March 31, 2025 was $0.949B, a 100.25% increase year-over-year.
  • NIO annual gross profit for 2024 was $0.89B, a 106.94% increase from 2023.
  • 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
(Millions of US $)
2024 $890
2023 $430
2022 $746
2021 $1,070
2020 $287
2019 $-172
2018 $-37
2017 $0
NIO Quarterly Gross Profit
(Millions of US $)
2025-03-31 $127
2024-12-31 $304
2024-09-30 $286
2024-06-30 $232
2024-03-31 $68
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 $8.140B $9.005B
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 $229.411B 7.53
Byd (BYDDY) China $136.735B 21.51
Mercedes-Benz Group AG (MBGYY) Germany $59.430B 4.05
BMW (BAMXF) Germany $57.985B 8.84
Volkswagen AG (VWAGY) Germany $56.598B 5.67
Honda (HMC) Japan $47.934B 8.80
Volkswagen AG (VLKAF) Germany $33.633B 5.75
Stellantis (STLA) Netherlands $30.443B 0.00
Li Auto (LI) China $28.963B 26.34
Bridgestone (BRDCY) Japan $28.064B 0.00
Geely Automobile Holdings (GELYY) Hong Kong, SAR China $22.488B 0.00
Suzuki Motor (SZKMY) Japan $22.215B 7.99
XPeng (XPEV) China $16.514B 0.00
RENAULT (RNLSY) France $14.136B 0.00
Subaru (FUJHY) Japan $12.741B 5.76
Isuzu Motors (ISUZY) Japan $9.283B 10.24
Nissan Motor (NSANY) Japan $7.911B 0.00
Yamaha Motor (YMHAY) Japan $7.402B 0.00
ZEEKR Intelligent Technology Holding (ZK) China $6.983B 0.00
Mazda Motor (MZDAY) Japan $3.653B 3.81
Dongfeng Motor Group (DNFGY) China $3.499B 0.00
Polestar Automotive Holding UK (PSNY) Sweden $2.306B 0.00
GreenPower Motor (GP) Canada $0.013B 0.00
Jiuzi Holdings (JZXN) China $0.013B 0.00
Kaixin Holdings (KXIN) China $0.006B 0.00
Lobo EV Technologies (LOBO) China $0.004B 0.00