EBITDA for NIO (NIO)
According to NIO's latest reported financial statements, the company's current EBITDA (TTM) is -$13.94B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
NIO
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
-$13.94B
YoY change
+3.2%
5Y CAGR
N/A
Peak year (2021)
-$985.36M
Cumulative EBITDA
-$83.62B
EBITDA history chart for NIO (NIO) from 2016 to 2025
EBITDA history table for NIO (NIO) from 2016 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | -$14.37B | +3.2% | ||
| 2024 | -$13.93B | -8.1% | ||
| 2023 | -$15.15B | +50.7% | ||
| 2022 | -$10.05B | +920.4% | ||
| 2021 | -$985.36M | -70.4% | ||
| 2020 | -$3.33B | -64.6% | ||
| 2019 | -$9.40B | +4.2% | ||
| 2018 | -$9.02B | +86.7% | ||
| 2017 | -$4.83B | +89.0% | ||
| 2016 | -$2.56B | — |
EBITDA values are taken from NIO's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in CNY as filed.
Analysis
In 2025, NIO (NIO) EBITDA totalled -$14.37B – edged up 3.2% year-over-year.
2021 marks the peak EBITDA at -$985.36M, with the historical low of -$15.15B recorded in 2023.
NIO (NIO) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $19.46B.
NIO EBITDA by Year
NIO EBITDA 2025: -$14.37B
NIO EBITDA in 2025 was -$14.37B, edged up 3.2% from 2024.
NIO EBITDA 2024: -$13.93B
NIO EBITDA in 2024 was -$13.93B, declined 8.1% below 2023.
NIO EBITDA 2023: -$15.15B
NIO EBITDA in 2023 was -$15.15B, surged 50.7% from 2022. This figure represents the lowest annual value in the available history.
NIO EBITDA 2022: -$10.05B
NIO EBITDA in 2022 was -$10.05B, surged 920.4% from 2021.
NIO EBITDA 2021: -$985.36M
NIO EBITDA in 2021 was -$985.36M.
See more financial history for NIO (NIO).
Sector peers — EBITDA
Companies in the same sector as NIO, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $182.67B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $165.34B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $24.29B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $14.64B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $11.76B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.22B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $8.55B | Consumer Cyclical |
Frequently asked questions
What is NIO's EBITDA?
- Latest reported EBITDA for NIO (NIO) is -$13.94B (period ending December 31, 2025).
How has NIO EBITDA changed year-over-year?
- NIO (NIO) EBITDA changed +3.2% year-over-year on the latest annual filing.
When did NIO EBITDA hit its highest annual value?
- NIO EBITDA reached its highest annual value of -$985.36M in 2021.
What was NIO EBITDA in 2024?
- NIO (NIO) EBITDA in 2024 was -$13.93B.
What was NIO EBITDA in 2025?
- NIO (NIO) EBITDA in 2025 was -$14.37B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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