NIO Inc. (NIO) income statement
NYSE · Consumer Cyclical · Auto - Manufacturers · 35,032 employees · CEO Bin Li
- Price
- $3.21 -3.17%
- Market cap
- $7.59B
- Enterprise value
- CN¥48.2B
- Last report
- Q2 '26 filed 2026-09-01
- Next report
- 2026-11-24
NIO Inc. (NIO) reported revenue of CN¥32.2B for Q2 '26 (+69.2% year on year), operating income of -CN¥664M (-2.1% of revenue) and net income of -CN¥530M. Over the last four quarters revenue was CN¥114B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥19.1B | CN¥17.1B | CN¥9.91B | CN¥17.4B | CN¥18.7B | CN¥19.7B | CN¥12B | CN¥19B | CN¥21.8B | CN¥34.7B | CN¥25.5B | CN¥32.2B | |
| Cost of revenue | CN¥17.5B | CN¥15.8B | CN¥9.42B | CN¥15.8B | CN¥16.7B | CN¥17.4B | CN¥11.1B | CN¥17.1B | CN¥18.8B | CN¥28.6B | CN¥20.7B | CN¥26.3B | |
| Gross profit | CN¥1.52B | CN¥1.28B | CN¥488M | CN¥1.69B | CN¥2.01B | CN¥2.31B | CN¥920M | CN¥1.9B | CN¥3.02B | CN¥6.07B | CN¥4.86B | CN¥5.91B | |
| Research & development | CN¥3.04B | CN¥3.97B | CN¥2.86B | CN¥3.22B | CN¥3.32B | CN¥3.64B | CN¥3.18B | CN¥3.01B | CN¥2.39B | CN¥2.03B | CN¥1.89B | CN¥2.15B | |
| Other operating expenses | -CN¥281M | CN¥625M | CN¥20.8M | -CN¥78M | -CN¥182M | CN¥1.12B | -CN¥244M | CN¥321M | -CN¥29.2M | CN¥545M | -CN¥214M | CN¥6.81 | |
| Operating expenses | CN¥6.37B | CN¥7.9B | CN¥5.88B | CN¥6.9B | CN¥7.25B | CN¥8.34B | CN¥7.34B | CN¥6.81B | CN¥6.55B | CN¥5.27B | CN¥5.17B | CN¥6.58B | |
| Operating income | -CN¥4.84B | -CN¥6.63B | -CN¥5.39B | -CN¥5.21B | -CN¥5.24B | -CN¥6.03B | -CN¥6.42B | -CN¥4.91B | -CN¥3.52B | CN¥807M | -CN¥309M | -CN¥664M | |
| Interest income | CN¥288M | CN¥1.37B | CN¥351M | CN¥363M | CN¥310M | -CN¥170M | CN¥173M | CN¥108M | CN¥354M | CN¥125M | CN¥116M | CN¥0 | |
| Interest expense | CN¥88.5M | CN¥164M | CN¥171M | CN¥176M | CN¥204M | CN¥248M | CN¥245M | CN¥213M | CN¥223M | CN¥202M | CN¥214M | CN¥243M | |
| Other non-operating income (gains on investments, FX ...) | -CN¥377M | -CN¥1.65B | -CN¥387M | -CN¥341M | -CN¥420M | CN¥901M | CN¥82.4M | -CN¥170M | -CN¥321M | CN¥302M | -CN¥203M | CN¥0 | |
| Total non-operating income | CN¥289M | CN¥1.49B | CN¥216M | CN¥165M | CN¥216M | -CN¥1.15B | -CN¥327M | -CN¥43M | CN¥98.1M | -CN¥507M | -CN¥11.2M | CN¥168M | |
| Income before tax | -CN¥4.56B | -CN¥5.13B | -CN¥5.18B | -CN¥5.04B | -CN¥5.02B | -CN¥7.18B | -CN¥6.75B | -CN¥4.95B | -CN¥3.42B | CN¥300M | -CN¥320M | -CN¥496M | |
| Income tax | CN¥1.61M | CN¥233M | CN¥6.99M | CN¥2.02M | CN¥38.3M | -CN¥70.1M | CN¥4.63M | CN¥42.9M | CN¥57M | CN¥17.3M | CN¥12.1M | CN¥32.9M | |
| Net income | -CN¥4.63B | -CN¥5.59B | -CN¥5.26B | -CN¥5.13B | -CN¥5.14B | -CN¥7.13B | -CN¥6.89B | -CN¥5.14B | -CN¥3.66B | CN¥122M | -CN¥496M | -CN¥530M | |
| EPS (basic) | -CN¥2.67 | -CN¥3.18 | -CN¥2.57 | -CN¥2.50 | -CN¥2.50 | -CN¥3.47 | -CN¥3.29 | -CN¥2.31 | -CN¥1.51 | CN¥0.05 | -CN¥0.20 | -CN¥0.29 | |
| EPS (diluted) | -CN¥2.67 | -CN¥3.18 | -CN¥2.57 | -CN¥2.50 | -CN¥2.50 | -CN¥3.47 | -CN¥3.29 | -CN¥2.31 | -CN¥1.51 | CN¥0.05 | -CN¥0.20 | -CN¥0.29 | |
| Shares (basic, weighted) | 1.74B | 1.76B | 2.04B | 2.05B | 2.06B | 2.06B | 2.09B | 2.23B | 2.43B | 2.51B | 2.48B | 2.5B | |
| Shares (diluted, weighted) | 1.74B | 1.76B | 2.04B | 2.05B | 2.06B | 2.06B | 2.09B | 2.23B | 2.43B | 2.51B | 2.48B | 2.5B | |
| Depreciation & amortization | CN¥0 | CN¥2.87B | CN¥0 | CN¥3.5B | CN¥0 | CN¥4.2B | CN¥0 | CN¥4.57B | CN¥0 | CN¥0 | CN¥0 | CN¥0 | |
| EBITDA | -CN¥4.47B | -CN¥2.1B | -CN¥5.01B | -CN¥1.37B | -CN¥4.82B | -CN¥2.73B | -CN¥6.5B | -CN¥169M | -CN¥3.2B | CN¥505M | -CN¥106M | -CN¥664M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥0 | CN¥0 | CN¥4.95B | CN¥7.82B | CN¥16.3B | CN¥36.1B | CN¥49.3B | CN¥55.6B | CN¥65.7B | CN¥87.5B | |
| Cost of revenue | CN¥0 | CN¥0 | CN¥5.21B | CN¥9.02B | CN¥14.4B | CN¥29.3B | CN¥44.1B | CN¥52.6B | CN¥59.2B | CN¥75.6B | |
| Gross profit | CN¥0 | CN¥0 | -CN¥256M | -CN¥1.2B | CN¥1.87B | CN¥6.82B | CN¥5.14B | CN¥3.05B | CN¥6.49B | CN¥11.9B | |
| Research & development | CN¥1.47B | CN¥2.6B | CN¥4B | CN¥4.43B | CN¥2.49B | CN¥4.59B | CN¥10.8B | CN¥13.4B | CN¥13B | CN¥10.6B | |
| Sales & marketing | CN¥240M | CN¥524M | CN¥1.16B | CN¥818M | CN¥675M | CN¥1.43B | CN¥1.78B | CN¥2.64B | CN¥3.41B | CN¥3.12B | |
| General & administrative | CN¥908M | CN¥1.84B | CN¥3.93B | CN¥4.07B | CN¥2.85B | CN¥4.86B | CN¥7.94B | CN¥9.31B | CN¥11B | CN¥11.6B | |
| Other operating expenses | -CN¥10.5M | -CN¥12.4M | CN¥250M | CN¥566M | CN¥466M | CN¥438M | CN¥229M | CN¥328M | CN¥877M | CN¥593M | |
| Operating expenses | CN¥2.6B | CN¥4.95B | CN¥9.34B | CN¥9.88B | CN¥6.48B | CN¥11.3B | CN¥20.8B | CN¥25.7B | CN¥28.4B | CN¥26B | |
| Operating income | -CN¥2.6B | -CN¥4.95B | -CN¥9.6B | -CN¥11.1B | -CN¥4.61B | -CN¥4.5B | -CN¥15.6B | -CN¥22.7B | -CN¥21.9B | -CN¥14B | |
| Interest income | CN¥27.6M | CN¥19M | CN¥133M | CN¥160M | CN¥167M | CN¥912M | CN¥1.36B | CN¥2.21B | CN¥854M | CN¥762M | |
| Interest expense | CN¥55K | CN¥18.1M | CN¥124M | CN¥371M | CN¥426M | CN¥637M | CN¥333M | CN¥404M | CN¥798M | CN¥885M | |
| Other non-operating income (gains on investments, FX ...) | -CN¥6.15M | CN¥42.5M | -CN¥102M | -CN¥162M | CN¥264M | -CN¥1.16B | -CN¥1.59B | -CN¥2.6B | -CN¥248M | -CN¥106M | |
| Total non-operating income | -CN¥948M | -CN¥2.64B | -CN¥21.3M | -CN¥209M | -CN¥690M | CN¥522M | CN¥1.26B | CN¥2.2B | -CN¥550M | -CN¥779M | |
| Income before tax | -CN¥3.55B | -CN¥7.59B | -CN¥9.62B | -CN¥11.3B | -CN¥5.3B | -CN¥3.97B | -CN¥14.4B | -CN¥20.5B | -CN¥22.4B | -CN¥14.8B | |
| Income tax | CN¥4.31M | CN¥7.91M | CN¥22M | CN¥7.89M | CN¥6.37M | CN¥42.3M | CN¥55.1M | CN¥261M | -CN¥22.8M | CN¥122M | |
| Net income | -CN¥2.54B | -CN¥4.98B | -CN¥9.66B | -CN¥11.4B | -CN¥5.61B | -CN¥10.6B | -CN¥14.6B | -CN¥21.1B | -CN¥22.7B | -CN¥15B | |
| EPS (basic) | -CN¥0.50 | -CN¥1.07 | -CN¥9.29 | -CN¥11.08 | -CN¥4.74 | -CN¥6.72 | -CN¥8.89 | -CN¥12.44 | -CN¥11.03 | -CN¥6.85 | |
| EPS (diluted) | -CN¥0.50 | -CN¥1.07 | -CN¥9.29 | -CN¥11.08 | -CN¥4.74 | -CN¥6.72 | -CN¥8.89 | -CN¥12.44 | -CN¥11.03 | -CN¥6.85 | |
| Shares (basic, weighted) | 1.05B | 1.05B | 1.04B | 1.03B | 1.18B | 1.57B | 1.64B | 1.7B | 2.06B | 2.27B | |
| Shares (diluted, weighted) | 1.05B | 1.05B | 1.04B | 1.03B | 1.18B | 1.57B | 1.64B | 1.7B | 2.06B | 2.27B | |
| Depreciation & amortization | CN¥46.1M | CN¥168M | CN¥474M | CN¥1.52B | CN¥1.55B | CN¥2.35B | CN¥3.99B | CN¥4.91B | CN¥7.7B | CN¥9.38B | |
| EBITDA | -CN¥2.56B | -CN¥4.83B | -CN¥9.02B | -CN¥9.4B | -CN¥3.33B | -CN¥985M | -CN¥10.1B | -CN¥15.1B | -CN¥13.9B | -CN¥4.56B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings.
Data as of 2026-11-02 · Amounts in CNY as reported; price and market cap in USD.