NIO Net Income 2019-2024 | NIO

NIO annual/quarterly net income history and growth rate from 2019 to 2024. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for.
  • NIO net income for the quarter ending March 31, 2024 was $-0.728B, a 4.11% increase year-over-year.
  • NIO net income for the twelve months ending March 31, 2024 was $-3.007B, a 19.22% increase year-over-year.
  • NIO annual net income for 2023 was $-2.978B, a 41.1% increase from 2022.
  • NIO annual net income for 2022 was $-2.111B, a 27.24% increase from 2021.
  • NIO annual net income for 2021 was $-1.659B, a 92.93% increase from 2020.
NIO Annual Net Income
(Millions of US $)
2023 $-2,978
2022 $-2,111
2021 $-1,659
2020 $-860
2019 $-1,639
2018 $-3,393
2017 $
NIO Quarterly Net Income
(Millions of US $)
2024-03-31 $-728
2023-12-31 $-800
2023-09-30 $-634
2023-06-30 $-844
2023-03-31 $-699
2022-12-31 $-831
2022-09-30 $-582
2022-06-30 $-410
2022-03-31 $-288
2021-12-31 $-369
2021-09-30 $-444
2021-06-30 $-102
2021-03-31 $-744
2020-12-31 $-271
2020-09-30 $-175
2020-06-30 $-171
2020-03-31 $-243
2019-12-31 $-404
2019-09-30 $-357
2019-06-30 $-483
2019-03-31 $-395
2018-09-30 $-1,421
Sector Industry Market Cap Revenue
Auto/Tires/Trucks Auto Manufacturers - Foreign $7.616B $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
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BMW (BAMXF) Germany $56.961B 5.10
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Li Auto (LI) China $19.565B 14.87
Subaru (FUJHY) Japan $15.696B 5.91
Nissan Motor (NSANY) Japan $13.116B 3.49
Geely Automobile Holdings (GELYY) Hong Kong, SAR China $11.502B 0.00
Isuzu Motors (ISUZY) Japan $9.469B 7.60
Auto Trader Group (ATDRY) United Kingdom $9.233B 0.00
XPeng (XPEV) China $6.895B 0.00
Dongfeng Motor Group (DNFGY) China $2.609B 0.00
Polestar Automotive Holding UK (PSNY) Sweden $1.800B 0.00
GreenPower Motor (GP) Canada $0.029B 0.00
Vicinity Motor (VEV) Canada $0.029B 0.00
Lobo EV Technologies (LOBO) China $0.016B 0.00
Kaixin Holdings (KXIN) China $0.006B 0.00
Jiuzi Holdings (JZXN) China $0.001B 0.00
Honda (HMC) Japan $0.000B 6.71