Operating Income for NIO (NIO)
According to NIO's latest reported financial statements, the company's current operating income (TTM) is -$14.34B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

NIO
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
-$14.34B
YoY change
-34.3%
5Y CAGR
N/A
Peak year (2016)
-$2.60B
Cumulative operating income
-$111.88B
Operating Income history chart for NIO (NIO) from 2016 to 2025
Operating Income history table for NIO (NIO) from 2016 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | -$14.37B | -34.3% | ||
| 2024 | -$21.87B | -3.4% | ||
| 2023 | -$22.66B | +44.8% | ||
| 2022 | -$15.64B | +247.9% | ||
| 2021 | -$4.50B | -2.4% | ||
| 2020 | -$4.61B | -58.4% | ||
| 2019 | -$11.08B | +15.5% | ||
| 2018 | -$9.60B | +93.7% | ||
| 2017 | -$4.95B | +90.3% | ||
| 2016 | -$2.60B | — |
Operating Income 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
NIO (NIO) most recent annual operating income stands at -$14.37B (2025) – plunged 34.3% year-over-year.
The dataset's maximum operating income sits at -$2.60B (2016); the minimum reading of -$22.66B dates to 2023.
Among 8 Consumer Cyclical peers, NIO (NIO) ranks 9th; the peer median for operating income is $16.64B.
NIO Operating Income by Year
NIO Operating Income 2025: -$14.37B
NIO operating income in 2025 was -$14.37B, plunged 34.3% below 2024.
NIO Operating Income 2024: -$21.87B
NIO operating income in 2024 was -$21.87B, edged down 3.4% below 2023.
NIO Operating Income 2023: -$22.66B
NIO operating income in 2023 was -$22.66B, surged 44.8% from 2022. This figure represents the lowest annual value in the available history.
NIO Operating Income 2022: -$15.64B
NIO operating income in 2022 was -$15.64B, surged 247.9% from 2021.
NIO Operating Income 2021: -$4.50B
NIO operating income in 2021 was -$4.50B.
See more financial history for NIO (NIO).
Sector peers — Operating Income
Companies in the same sector as NIO, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is NIO's operating income?
- Latest reported operating income for NIO (NIO) is -$14.34B (period ending December 31, 2025).
How has NIO operating income changed year-over-year?
- NIO (NIO) operating income changed -34.3% year-over-year on the latest annual filing.
When did NIO operating income hit its highest annual value?
- NIO operating income reached its highest annual value of -$2.60B in 2016.
What was NIO operating income in 2024?
- NIO (NIO) operating income in 2024 was -$21.87B.
What was NIO operating income in 2025?
- NIO (NIO) operating income 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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