The table below shows NIO Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$12.51B
$9.01B
$7.83B
$7.14B
$5.67B
$2.49B
Cost of revenue
$10.81B
$8.12B
$7.40B
$6.40B
$4.60B
$2.20B
Gross profit
$1.70B
$889.50M
$429.84M
$745.81M
$1.07B
$287.11M
R&D
$1.52B
$1.79B
$1.89B
$1.57B
$720.56M
$381.27M
NIO annual revenue (10-K history)
NIO Inc. reported annual revenue of $12.51B for fiscal year 2025. That is up 38.9% from $9.01B in fiscal 2024. Over the 8 fiscal years shown, annual revenue grew from $720.12M (FY 2018) to $12.51B. Figures come from the company's audited annual reports as filed with the SEC.
