NIO Inc. logo

NIO Inc.

9866.HK

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
8,545
Cost of Revenue
7,701
Gross Profit
844
Gross Margin
9.9%
Operating Income
-2,844
Operating Margin
-33.3%
Net Income
-2,945
Net Margin
-34.5%
EPS (Basic)
$-1.00
EPS (Diluted)
$-1.00
EBITDA
-2,404
EBITDA Margin
-28.1%

2023

12/31/2023

Revenue
7,230
Cost of Revenue
6,834
Gross Profit
397
Gross Margin
5.5%
Operating Income
-2,945
Operating Margin
-40.7%
Net Income
-2,749
Net Margin
-38.0%
EPS (Basic)
$-2.00
EPS (Diluted)
$-2.00
EBITDA
-1,969
EBITDA Margin
-27.2%

2022

12/31/2022

Revenue
6,405
Cost of Revenue
5,736
Gross Profit
669
Gross Margin
10.4%
Operating Income
-2,033
Operating Margin
-31.7%
Net Income
-1,893
Net Margin
-29.6%
EPS (Basic)
$-1.00
EPS (Diluted)
$-1.00
EBITDA
-1,307
EBITDA Margin
-20.4%

2021

12/31/2021

Revenue
4,698
Cost of Revenue
3,811
Gross Profit
887
Gross Margin
18.9%
Operating Income
-585
Operating Margin
-12.4%
Net Income
-1,374
Net Margin
-29.3%
EPS (Basic)
$-1.00
EPS (Diluted)
$-1.00
EBITDA
-128
EBITDA Margin
-2.7%

2020

12/31/2020

Revenue
2,114
Cost of Revenue
1,870
Gross Profit
244
Gross Margin
11.5%
Operating Income
-599
Operating Margin
-28.3%
Net Income
-729
Net Margin
-34.5%
EPS (Basic)
$-1.00
EPS (Diluted)
$-1.00
EBITDA
-432
EBITDA Margin
-20.5%