NIO Revenue 2019-2022 | NIO

NIO annual/quarterly revenue history and growth rate from 2019 to 2022. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.
  • NIO revenue for the quarter ending March 31, 2022 was $1.563B, a 28.32% increase year-over-year.
  • NIO revenue for the twelve months ending March 31, 2022 was $6.016B, a 71.08% increase year-over-year.
  • NIO annual revenue for 2021 was $5.671B, a 127.59% increase from 2020.
  • NIO annual revenue for 2020 was $2.492B, a 121.68% increase from 2019.
  • NIO annual revenue for 2019 was $1.124B, a 56.08% increase from 2018.
NIO Annual Revenue
(Millions of US $)
2021 $5,671
2020 $2,492
2019 $1,124
2018 $720
2017 $
NIO Quarterly Revenue
(Millions of US $)
2022-03-31 $1,563
2021-12-31 $1,622
2021-09-30 $1,522
2021-06-30 $1,308
2021-03-31 $1,218
2020-12-31 $1,105
2020-09-30 $667
2020-06-30 $526
2020-03-31 $194
2019-12-31 $404
2019-09-30 $257
2019-06-30 $220
2019-03-31 $243
2018-09-30 $214
Sector Industry Market Cap Revenue
Auto/Tires/Trucks Auto Manufacturers - Foreign $35.550B $5.671B
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 $224.320B 9.67
Stellantis (STLA) Netherlands $47.838B 0.00
Honda (HMC) Japan $46.580B 8.59
Tata Motors (TTM) India $23.251B 0.00
XPeng (XPEV) China $20.106B 0.00
CNH Industrial (CNHI) United Kingdom $17.697B 9.89
Cazoo Group (CZOO) United Kingdom $0.634B 0.00