NIO Operating Expenses 2019-2026 | NIO

NIO annual/quarterly operating expenses history and growth rate from 2019 to 2026. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • NIO operating expenses for the quarter ending June 30, 2026 were $4.788B, a 43.39% increase year-over-year.
  • NIO operating expenses for the twelve months ending June 30, 2026 were $17.171B, a 35.77% increase year-over-year.
  • NIO annual operating expenses for 2025 were $14.518B, a 20.97% increase from 2024.
  • NIO annual operating expenses for 2024 were $12.002B, a 8.87% increase from 2023.
  • NIO annual operating expenses for 2023 were $11.025B, a 17.15% increase from 2022.
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NIO Annual Operating Expenses
(Millions of US $)
2025 $14,518
2024 $12,002
2023 $11,025
2022 $9,411
2021 $6,376
2020 $3,198
2019 $2,715
2018 $2,116
NIO Quarterly Operating Expenses
(Millions of US $)
2026-06-30 $4,788
2026-03-31 $3,746
2025-12-31 $5,081
2025-09-30 $3,556
2025-06-30 $3,339
2025-03-31 $2,543
2024-12-31 $3,358
2024-09-30 $3,407
2024-06-30 $3,117
2024-03-31 $2,119
2023-12-31 $3,401
2023-09-30 $3,277
2023-06-30 $2,047
2023-03-31 $2,299
2022-12-31 $3,169
2022-09-30 $2,372
2022-06-30 $1,961
2022-03-31 $1,909
2021-12-31 $2,010
2021-09-30 $1,676
2021-06-30 $1,427
2021-03-31 $1,264
2020-12-31 $1,286
2020-09-30 $806
2020-06-30 $691
2020-03-31 $416
2019-12-31 $799
2019-09-30 $594
2019-06-30 $690
2019-03-31 $633
2018-09-30 $623
Sector Industry Market Cap Revenue
Auto/Tires/Trucks Auto Manufacturers - Foreign $9.088B $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 $249.629B 8.44
Byd (BYDDY) China $92.556B 0.00
BYD (BYDDF) China $91.177B 0.00
Honda (HMC) Japan $50.260B 0.00
Mercedes-Benz Group AG (MBGYY) Germany $48.582B 8.14
Volkswagen AG (VWAGY) Germany $44.515B 7.28
BMW (BAMXF) Germany $39.768B 5.66
Daimler Truck Holding AG - (DTRUY) Germany $38.142B 0.00
Bridgestone (BRDCY) Japan $31.590B 0.00
Volkswagen AG (VLKAF) Germany $26.797B 7.47
Suzuki Motor (SZKMY) Japan $24.724B 7.36
Hyundai Motor (HYMLF) South Korea $19.016B 4.16
Stellantis (STLA) Netherlands $18.142B 0.00
Li Auto (LI) China $13.007B 0.00
Yamaha Motor (YMHAY) Japan $11.997B 24.05
Subaru (FUJHY) Japan $11.879B 20.70
XPeng (XPEV) China $10.141B 0.00
Porsche Automobil Holding SE (POAHY) Germany $9.769B 0.00
Isuzu Motors (ISUZY) Japan $9.615B 10.34
Dongfeng Motor Group (DNFGY) China $9.573B 0.00
RENAULT (RNLSY) France $9.286B 0.00
Nissan Motor (NSANY) Japan $7.447B 0.00
ZEEKR Intelligent Technology Holding (ZK) China $6.848B 0.00
Auto Trader Group (ATDRY) United Kingdom $4.946B 0.00
Mazda Motor (MZDAY) Japan $4.554B 4.15
Polestar Automotive Holding UK (PSNY) Sweden $0.734B 0.00
GreenPower Motor (GP) Canada $0.006B 0.00
Lobo EV Technologies (LOBO) China $0.005B 0.00
Masonglory (MSGY) Hong Kong, SAR China $0.004B 0.00
Kaixin Holdings (KXIN) China $0.002B 0.00
Sono Group (SSM) Germany $0.002B 0.00
Jiuzi Holdings (JZXN) China $0.001B 0.00