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NIO Inc.

NIO

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
9,202
Cost of Revenue
8,293
Gross Profit
909
Gross Margin
9.9%
Operating Income
-3,062
Operating Margin
-33.3%
Net Income
-3,172
Net Margin
-34.5%
EPS (Basic)
$-11.03
EPS (Diluted)
$-11.03
EBITDA
-1,950
EBITDA Margin
-21.2%

2023

12/31/2023

Revenue
7,787
Cost of Revenue
7,359
Gross Profit
427
Gross Margin
5.5%
Operating Income
-3,172
Operating Margin
-40.7%
Net Income
-2,961
Net Margin
-38.0%
EPS (Basic)
$-12.44
EPS (Diluted)
$-12.44
EBITDA
-2,121
EBITDA Margin
-27.2%

2022

12/31/2022

Revenue
6,898
Cost of Revenue
6,177
Gross Profit
720
Gross Margin
10.4%
Operating Income
-2,190
Operating Margin
-31.7%
Net Income
-2,038
Net Margin
-29.6%
EPS (Basic)
$-8.89
EPS (Diluted)
$-8.89
EBITDA
-1,408
EBITDA Margin
-20.4%

2021

12/31/2021

Revenue
5,059
Cost of Revenue
4,104
Gross Profit
955
Gross Margin
18.9%
Operating Income
-629
Operating Margin
-12.4%
Net Income
-1,480
Net Margin
-29.3%
EPS (Basic)
$-6.72
EPS (Diluted)
$-6.72
EBITDA
-138
EBITDA Margin
-2.7%

2020

12/31/2020

Revenue
2,276
Cost of Revenue
2,014
Gross Profit
262
Gross Margin
11.5%
Operating Income
-645
Operating Margin
-28.3%
Net Income
-786
Net Margin
-34.5%
EPS (Basic)
$-4.74
EPS (Diluted)
$-4.74
EBITDA
-466
EBITDA Margin
-20.5%