NIO Inc. (NIO)

NIO Inc. Income Statement

Financials in millions CNY. Fiscal year is undefined.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	65,732	55,618	49,269	36,136	16,258
Revenue Growth (YoY)	18.18%	12.89%	36.34%	122.27%	107.77%
Cost of Revenue	59,239	52,566	44,125	29,315	14,385
Gross Profit	6,493	3,052	5,144	6,821	1,873
Selling, General & Admin	15,582	12,868	10,445	6,733	3,913
Research & Development	12,787	13,158	10,643	4,538	2,437
Other Operating Expenses	-1.84	-318.52	-303.65	46.32	131.24
Operating Expenses	28,367	25,707	20,785	11,318	6,481
Operating Income	-21,874	-22,655	-15,641	-4,496	-4,608
Interest Income	853.73	2,210	1,359	911.83	166.9
Interest Expense	-798.36	-403.53	-333.22	-637.41	-426.02
Pretax Income	-22,772	-20,762	-14,661	-10,561	-5,609
Income Tax	-22.82	260.84	55.1	42.27	6.37
Net Income	-22,658	-21,147	-14,559	-10,572	-5,611
Net Income Common	-22,658	-21,147	-14,559	-10,572	-5,611
Shares Change	20.84%	3.86%	4.09%	32.98%	14.83%
EPS (Diluted)	-11.03	-12.44	-8.89	-6.72	-4.74
Free Cash Flow	-16,991	-15,722	-10,839	-2,112	823.21
Free Cash Flow Per Share	-8.27	-9.25	-6.62	-1.34	0.70
Gross Margin	9.88%	5.49%	10.44%	18.88%	11.52%
Operating Margin	-33.28%	-40.73%	-31.75%	-12.44%	-28.34%
Profit Margin	-34.47%	-38.02%	-29.55%	-29.26%	-34.51%
Free Cash Flow Margin	-25.85%	-28.27%	-22.00%	-5.85%	5.06%
EBITDA	-15,999	-19,277	-12,788	-2,788	-3,561
EBITDA Margin	-24.34%	-34.66%	-25.96%	-7.72%	-21.90%
EBIT	-21,874	-22,655	-15,641	-4,496	-4,608
EBIT Margin	-33.28%	-40.73%	-31.75%	-12.44%	-28.34%

Source: S&P Global Market Intelligence. Financial Sources.

SEC Filings: 10-K · 10-Q