NIO Inc. (HKG:9866)
Hong Kong · Delayed Price · Currency is HKD 47.04
+2.24 (5.00%)
Mar 16, 2026, 4:08 PM HKT
NIO Inc. Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 87,488 | 65,732 | 55,618 | 49,269 | 36,136 | |
Revenue Growth (YoY) | 33.10% | 18.18% | 12.89% | 36.34% | 122.27% |
Cost of Revenue | 75,491 | 59,239 | 52,566 | 44,125 | 29,315 |
Gross Profit | 11,996 | 6,493 | 3,052 | 5,144 | 6,821 |
Selling, General & Admin | 15,991 | 15,582 | 12,868 | 10,445 | 6,733 |
Research & Development | 10,217 | 12,787 | 13,158 | 10,643 | 4,538 |
Other Operating Expenses | -735.8 | -1.84 | -318.52 | -303.65 | 46.32 |
Operating Expenses | 25,472 | 28,367 | 25,707 | 20,785 | 11,318 |
Operating Income | -13,476 | -21,874 | -22,655 | -15,641 | -4,496 |
Interest Expense | -885.25 | -798.36 | -403.53 | -333.22 | -637.41 |
Interest & Investment Income | 761.66 | 853.73 | 2,210 | 1,359 | 911.83 |
Earnings From Equity Investments | -1,092 | -503.19 | 64.39 | 377.78 | 62.51 |
Other Non Operating Income (Expenses) | 450.95 | -98.14 | 155.19 | -282.95 | 184.69 |
EBT Excluding Unusual Items | -14,240 | -22,420 | -20,629 | -14,520 | -3,975 |
Merger & Restructuring Charges | -565.65 | - | - | - | - |
Other Unusual Items | -624.52 | -4.48 | 170.19 | 138.33 | -6,587 |
Pretax Income | -15,431 | -22,425 | -20,459 | -14,382 | -10,561 |
Income Tax Expense | 121.88 | -22.82 | 260.84 | 55.1 | 42.27 |
Earnings From Continuing Operations | -15,552 | -22,402 | -20,720 | -14,437 | -10,604 |
Minority Interest in Earnings | -18.22 | -255.98 | -427.21 | -122.34 | 31.22 |
Net Income | -15,571 | -22,658 | -21,147 | -14,559 | -10,572 |
Net Income to Common | -15,571 | -22,658 | -21,147 | -14,559 | -10,572 |
Shares Outstanding (Basic) | 2,273 | 2,055 | 1,700 | 1,637 | 1,573 |
Shares Outstanding (Diluted) | 2,273 | 2,055 | 1,700 | 1,637 | 1,573 |
Shares Change (YoY) | 10.61% | 20.84% | 3.86% | 4.09% | 32.98% |
EPS (Basic) | -6.85 | -11.03 | -12.44 | -8.89 | -6.72 |
EPS (Diluted) | -6.85 | -11.03 | -12.44 | -8.89 | -6.72 |
Free Cash Flow | - | -16,991 | -15,722 | -10,839 | -2,112 |
Free Cash Flow Per Share | - | -8.27 | -9.25 | -6.62 | -1.34 |
Gross Margin | 13.71% | 9.88% | 5.49% | 10.44% | 18.88% |
Operating Margin | -15.40% | -33.28% | -40.73% | -31.75% | -12.44% |
Profit Margin | -17.80% | -34.47% | -38.02% | -29.55% | -29.26% |
Free Cash Flow Margin | - | -25.85% | -28.27% | -22.00% | -5.85% |
EBITDA | -7,600 | -15,999 | -19,277 | -12,788 | -2,788 |
EBITDA Margin | -8.69% | -24.34% | -34.66% | -25.96% | -7.72% |
D&A For EBITDA | 5,875 | 5,875 | 3,378 | 2,852 | 1,708 |
EBIT | -13,476 | -21,874 | -22,655 | -15,641 | -4,496 |
EBIT Margin | -15.40% | -33.28% | -40.73% | -31.75% | -12.44% |
Revenue as Reported | 87,488 | 65,732 | 55,618 | 49,269 | 36,136 |
Advertising Expenses | - | - | - | - | 529.06 |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.