stockrowNIO Inc.
NIO Consumer Cyclical Auto Manufacturers
NIO Inc.’s revenue for fiscal 2025 (year ended December 2025) was $12.5 billion, up 38.9% from fiscal 2024.
- Revenue
- +78.5%
- EPS
- +87.5%
- Free cash flow
- +38.7%
- Total debt
- +0.71%
Quarter to June 2026, against a year earlier
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NIO Inc. (NIO) Gross margin
NIO Inc.'s gross margin over the twelve months to 30 June 2026 was 17.4%, up 3.7 percentage points from fiscal 2025 (13.6%). Over the past ten years it has ranged from −15.3% (fiscal 2019) to 18.9% (fiscal 2021); the current reading is higher than 90% of that period. That is above the Auto Manufacturers industry median of 13.7% and below the Consumer Cyclical sector median of 34.3%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 13.6% | 3.74 |
| FY2024 | 9.88% | 4.39 |
| FY2023 | 5.49% | (4.95) |
| FY2022 | 10.4% | (8.44) |
| FY2021 | 18.9% | 7.36 |
| FY2020 | 11.5% | 26.84 |
| FY2019 | −15.3% | (10.15) |
| FY2018 | −5.17% | (5.17) |
| FY2017 | 0.00% | 0.00 |
| FY2016 | 0.00% | — |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 18.4% | (0.65) |
| Mar 2026 | 19.0% | 1.75 |
| Dec 2025 | 17.3% | 3.40 |
| Sep 2025 | 13.9% | 3.90 |
| 27 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| HMC Honda Motor Co., Ltd. compare | 21.4% |
| XPEV XPeng Inc. Sponsored ADR compare | 20.7% |
| NIO NIO Inc. | 17.4% |
| STLA Stellantis N.V. compare | 15.5% |
| LI Li Auto Inc. Sponsored ADR compare | 13.7% |
| RIVN Rivian Automotive, Inc. compare | 9.17% |
| F Ford Motor Company compare | 8.38% |
| VFS VinFast Auto Ltd. compare | −58.2% |
| LCID Lucid Group, Inc. compare | −96.6% |
| Auto Manufacturers industry median | 13.7% |
| Consumer Cyclical sector median | 34.3% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on NIO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement