NIO Inc.

NIO

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
65,732
Cost of Revenue
59,239
Gross Profit
6,493
Gross Margin
9.9%
Operating Income
-21,874
Operating Margin
-33.3%
Net Income
-22,658
Net Margin
-34.5%
EPS (Basic)
$-11.03
EPS (Diluted)
$-11.03
EBITDA
-13,925
EBITDA Margin
-21.2%

2023

12/31/2023

Revenue
55,618
Cost of Revenue
52,566
Gross Profit
3,052
Gross Margin
5.5%
Operating Income
-22,655
Operating Margin
-40.7%
Net Income
-21,147
Net Margin
-38.0%
EPS (Basic)
$-12.44
EPS (Diluted)
$-12.44
EBITDA
-15,148
EBITDA Margin
-27.2%

2022

12/31/2022

Revenue
49,269
Cost of Revenue
44,125
Gross Profit
5,144
Gross Margin
10.4%
Operating Income
-15,641
Operating Margin
-31.7%
Net Income
-14,559
Net Margin
-29.6%
EPS (Basic)
$-8.89
EPS (Diluted)
$-8.89
EBITDA
-10,055
EBITDA Margin
-20.4%

2021

12/31/2021

Revenue
36,136
Cost of Revenue
29,315
Gross Profit
6,821
Gross Margin
18.9%
Operating Income
-4,496
Operating Margin
-12.4%
Net Income
-10,572
Net Margin
-29.3%
EPS (Basic)
$-6.72
EPS (Diluted)
$-6.72
EBITDA
-985
EBITDA Margin
-2.7%

2020

12/31/2020

Revenue
16,258
Cost of Revenue
14,385
Gross Profit
1,873
Gross Margin
11.5%
Operating Income
-4,608
Operating Margin
-28.3%
Net Income
-5,611
Net Margin
-34.5%
EPS (Basic)
$-4.74
EPS (Diluted)
$-4.74
EBITDA
-3,326
EBITDA Margin
-20.5%