Gross Profit for NIO (NIO)
According to NIO's latest reported financial statements, the company's current gross profit (TTM) is $11.83B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

NIO
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TTM (last 4 quarters)
$11.83B
YoY change
+78.5%
5Y CAGR
+44.0%
Peak year (2025)
$11.59B
Cumulative gross profit
$33.52B
Gross Profit history chart for NIO (NIO) from 2016 to 2025
Gross Profit history table for NIO (NIO) from 2016 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $11.59B | +78.5% | ||
| 2024 | $6.49B | +112.8% | ||
| 2023 | $3.05B | -40.7% | ||
| 2022 | $5.14B | -24.6% | ||
| 2021 | $6.82B | +264.1% | ||
| 2020 | $1.87B | -256.3% | ||
| 2019 | -$1.20B | +368.5% | ||
| 2018 | -$255.88M | — | ||
| 2017 | $0 | — | ||
| 2016 | $0 | — |
Gross Profit 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
2025's annual gross profit for NIO (NIO) came in at $11.59B – surged 78.5% year-over-year.
NIO gross profit has grown for 2 consecutive years, with a +44.0% compound annual growth rate over 2020–2025 (5 years).
Across the available history, gross profit reached its high of $11.59B in 2025 and its low of -$1.20B in 2019.
NIO (NIO) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $40.89B.
NIO Gross Profit by Year
NIO Gross Profit 2025: $11.59B
NIO gross profit in 2025 was $11.59B, surged 78.5% from 2024. This figure represents the highest annual value in the available history.
NIO Gross Profit 2024: $6.49B
NIO gross profit in 2024 was $6.49B, surged 112.8% from 2023.
NIO Gross Profit 2023: $3.05B
NIO gross profit in 2023 was $3.05B, plunged 40.7% below 2022.
NIO Gross Profit 2022: $5.14B
NIO gross profit in 2022 was $5.14B, declined 24.6% below 2021.
NIO Gross Profit 2021: $6.82B
NIO gross profit in 2021 was $6.82B.
See more financial history for NIO (NIO).
Sector peers — Gross Profit
Companies in the same sector as NIO, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $398.06B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $360.51B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $236.42B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $54.87B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $26.92B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $18.69B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $17.09B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $15.44B | Consumer Cyclical |
Frequently asked questions
What is NIO's gross profit?
- Latest reported gross profit for NIO (NIO) is $11.83B (period ending December 31, 2025).
How has NIO gross profit changed year-over-year?
- NIO (NIO) gross profit changed +78.5% year-over-year on the latest annual filing.
What is the long-term growth rate of NIO gross profit?
- NIO (NIO) gross profit compound annual growth rate is +44.0% over the most recent 5 years available.
When did NIO gross profit hit its highest annual value?
- NIO gross profit reached its highest annual value of $11.59B in 2025.
What was NIO gross profit in 2024?
- NIO (NIO) gross profit in 2024 was $6.49B.
What was NIO gross profit in 2025?
- NIO (NIO) gross profit in 2025 was $11.59B.
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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