NIO Operating Income 2019-2024 | NIO

NIO annual/quarterly operating income history and growth rate from 2019 to 2024. Operating income can be defined as income after operating expenses have been deducted and before interest payments and taxes have been deducted.
  • NIO operating income for the quarter ending March 31, 2024 was $-0.747B, a 0.37% increase year-over-year.
  • NIO operating income for the twelve months ending March 31, 2024 was $-3.194B, a 19.76% increase year-over-year.
  • NIO annual operating income for 2023 was $-3.191B, a 40.71% increase from 2022.
  • NIO annual operating income for 2022 was $-2.268B, a 221.4% increase from 2021.
  • NIO annual operating income for 2021 was $-0.706B, a 0.08% decline from 2020.
NIO Annual Operating Income
(Millions of US $)
2023 $-3,191
2022 $-2,268
2021 $-706
2020 $-706
2019 $-1,591
2018 $-1,396
2017 $
NIO Quarterly Operating Income
(Millions of US $)
2024-03-31 $-747
2023-12-31 $-945
2023-09-30 $-664
2023-06-30 $-838
2023-03-31 $-744
2022-12-31 $-954
2022-09-30 $-544
2022-06-30 $-425
2022-03-31 $-345
2021-12-31 $-388
2021-09-30 $-154
2021-06-30 $-118
2021-03-31 $-45
2020-12-31 $-181
2020-09-30 $-139
2020-06-30 $-164
2020-03-31 $-222
2019-12-31 $-394
2019-09-30 $-337
2019-06-30 $-470
2019-03-31 $-390
2018-09-30 $-409
Sector Industry Market Cap Revenue
Auto/Tires/Trucks Auto Manufacturers - Foreign $7.444B $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 $262.127B 7.66
Byd (BYDDY) China $90.055B 21.68
Stellantis (STLA) Netherlands $64.192B 0.00
Volkswagen AG (VWAGY) Germany $60.657B 0.00
BMW (BAMXF) Germany $56.964B 5.10
BMW (BMWYY) Germany $56.855B 5.19
Volkswagen AG (VLKAF) Germany $35.703B 4.05
Suzuki Motor (SZKMY) Japan $22.657B 13.25
Li Auto (LI) China $19.130B 14.54
Subaru (FUJHY) Japan $16.028B 6.04
Nissan Motor (NSANY) Japan $13.488B 3.59
Geely Automobile Holdings (GELYY) Hong Kong, SAR China $11.674B 0.00
Isuzu Motors (ISUZY) Japan $9.694B 7.78
Auto Trader Group (ATDRY) United Kingdom $9.305B 0.00
XPeng (XPEV) China $7.046B 0.00
Dongfeng Motor Group (DNFGY) China $2.730B 0.00
Polestar Automotive Holding UK (PSNY) Sweden $1.496B 0.00
GreenPower Motor (GP) Canada $0.028B 0.00
Vicinity Motor (VEV) Canada $0.028B 0.00
Lobo EV Technologies (LOBO) China $0.020B 0.00
Kaixin Holdings (KXIN) China $0.006B 0.00
Jiuzi Holdings (JZXN) China $0.001B 0.00
Honda (HMC) Japan $0.000B 6.68