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NIO Inc. (NIO) Graph

NIO Revenue Flow

Filed revenue amounts for 2025-01-01 to 2025-12-31. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.

  • 2021-12-31: Revenue $1.60B*; Cost of revenue $1.32B*; Research and development $291.70M*; Selling, general and administrative $377.85M*.
  • 2020-12-31: Revenue $1.08B*; Cost of revenue $895.85M*; Research and development $137.02M*; Selling, general and administrative $201.23M*.

Product or service

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

NIO revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Product AndService Other$1.52BProduct$10.99BRevenue$12.51BCost of revenue$10.81BGross profit$1.70BOperating expenses$3.71BOperating income-$2.01BOther income, net$64.48MResearch & development$1.52BSelling, general& administrative$2.30BPre-tax income-$2.12BIncome tax$17.43MNet income-$2.14B

Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.

Historical revenue and expense breakdown

Revenue and expense 3 month

Period endRevenueCost of revenueResearch and developmentSelling, general and administrativeOperating expensesIncome tax
2021-12-31$1.60B*$1.32B*$291.70M*$377.85M*$662.76M*$5.23M*
2020-12-31$1.08B*$895.85M*$137.02M*$201.23M*$344.08M*$283.00K*

Revenue and expense 6 month

Period endRevenueCost of revenueResearch and developmentSelling, general and administrativeOperating expensesIncome tax
2025-06-30$4.33B$3.94B$863.87M$1.17B$1.97B$6.64M

Revenue and expense 9 month

Period endRevenueCost of revenueResearch and developmentSelling, general and administrativeOperating expensesIncome tax
2021-09-30$4.07B$3.28B$428.86M$701.48M$1.11B$1.40M
2020-09-30$1.42B$1.31B$244.25M$401.42M$649.19M$693.00K

Revenue and expense 12 month

Period endRevenueCost of revenueResearch and developmentSelling, general and administrativeOperating expensesIncome tax
2025-12-31$12.51B$10.81B$1.52B$2.30B$3.71B$17.43M
2024-12-31$9.01B$8.12B$1.79B$2.16B$3.89B-$3.13M
2023-12-31$7.83B$7.40B$1.89B$1.81B$3.62B$36.74M
2022-12-31$7.14B$6.40B$1.57B$1.53B$3.01B$7.99M
2021-12-31$5.67B$4.60B$720.56M$1.08B$1.78B$6.63M
2020-12-31$2.49B$2.20B$381.27M$602.65M$993.27M$976.00K
2019-12-31$1.12B$1.30B$636.13M$783.10M$1.42B$1.13M
2018-12-31$720.12M$757.33M$581.48M$776.93M$1.36B$3.21M