NIO (ADR) (NIO)
Builds smart EVs and a battery-swapping ownership ecosystem.
$3.73
After hours+0.01 (+0.27%)
At close$3.72(+1.36%)
In millions of USD, except per-share figures · converted from CNY at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,846 | 2,553 | 1,479 | 2,604 | 2,787 | 2,941 | 1,796 | 2,837 | 3,253 | 5,101 | 3,811 | 4,802 |
| Cost of revenue | 2,619 | 2,362 | 1,406 | 2,352 | 2,488 | 2,597 | 1,659 | 2,554 | 2,802 | 4,207 | 3,086 | 3,920 |
| Gross profit | 227 | 191 | 73 | 252 | 300 | 345 | 137 | 283 | 451 | 894 | 725 | 883 |
| 950 | 1,180 | 878 | 1,030 | 1,082 | 1,245 | 1,095 | 1,016 | 977 | 819 | 771 | 982 | |
| Research & development | 454 | 593 | 428 | 480 | 495 | 543 | 475 | 449 | 357 | 298 | 281 | 321 |
| Selling, general & administrative | 539 | 494 | 447 | 561 | 613 | 536 | 657 | 519 | 625 | 521 | 522 | 661 |
| Other expenses | −42 | 93 | 3 | −12 | −27 | 167 | −36 | 48 | −4 | — | −32 | — |
| Operating income | −723 | −989 | −805 | −778 | −782 | −901 | −958 | −733 | −526 | 75 | −46 | −99 |
| 43 | 222 | 32 | 25 | 32 | −171 | −49 | −6 | 15 | −31 | −2 | 25 | |
| Interest income | 43 | 204 | 52 | 54 | 46 | −25 | 26 | 16 | 53 | 19 | 17 | 0 |
| Interest expense | 13 | 24 | 26 | 26 | 30 | 37 | 37 | 32 | 33 | 30 | 32 | 36 |
| Other non-operating income | −56 | −247 | −58 | −51 | −63 | 135 | 12 | −25 | −48 | 1 | −30 | 0 |
| Income before tax | −680 | −767 | −773 | −753 | −750 | −1,072 | −1,007 | −739 | −511 | 44 | −48 | −74 |
| Income tax expense | 0 | 35 | 1 | 0 | 6 | −10 | 1 | 6 | 9 | 3 | 2 | 5 |
| Net income from continuing operations | −680 | −801 | −774 | −753 | −755 | −1,062 | −1,008 | −746 | −520 | 42 | −50 | −79 |
| Net income | −691 | −835 | −785 | −765 | −768 | −1,065 | −1,029 | −767 | −546 | 42 | −74 | −79 |
| EPS, basic | −$0.40 | −$0.47 | −$0.38 | −$0.37 | −$0.37 | −$0.52 | −$0.49 | −$0.34 | −$0.23 | $0.01 | −$0.03 | −$0.04 |
| EPS, diluted | −$0.40 | −$0.47 | −$0.38 | −$0.37 | −$0.37 | −$0.52 | −$0.49 | −$0.34 | −$0.23 | $0.01 | −$0.03 | −$0.04 |
| Weighted average shares, basic | 1,736 | 1,761 | 2,044 | 2,050 | 2,055 | 2,055 | 2,094 | 2,230 | 2,429 | 2,511 | 2,481 | 2,497 |
| Weighted average shares, diluted | 1,736 | 1,761 | 2,044 | 2,050 | 2,055 | 2,055 | 2,094 | 2,230 | 2,429 | 2,511 | 2,481 | 2,497 |
| EBITDA | −667 | −314 | −747 | −205 | −719 | −407 | −970 | −25 | −478 | 74 | −16 | −99 |
| Depreciation & amortization | 0 | 428 | 0 | 522 | 0 | 628 | 0 | 682 | 0 | 0 | 0 | 0 |
| EBIT | −667 | −742 | −747 | −727 | −719 | −1,035 | −970 | −707 | −478 | 74 | −16 | −99 |
