NIO Inc. (NIO) Gross margin 2018–2025
NIO Inc. (NIO) gross margin by fiscal year — reported gross profit divided by reported revenue.
13.6%FY2025 · since FY2018: -5.2% → 13.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 13.6% | +3.7 pp |
| FY2024 | 9.9% | +4.4 pp |
| FY2023 | 5.5% | -5.0 pp |
| FY2022 | 10.4% | -8.4 pp |
| FY2021 | 18.9% | +7.4 pp |
| FY2020 | 11.5% | +26.8 pp |
| FY2019 | -15.3% | -10.2 pp |
| FY2018 | -5.2% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice