NIO Inc.
NIO NYSE· Motor Vehicles & Passenger Car Bodies
Last close · Oct 30, 2026
$3.21
KIRA · Stoqly’s AI analyst, in plain words
- NIO Inc. had $12.2B of revenue in fiscal 2025, up 33.3% on the year before. Over five years, revenue changed +38.9% a year on average.
- Its operating margin was −16.0%, up 17.2 pts: of every 100 in sales, about −16 is left after running the business.
- NIO Inc. lost $2.1B in fiscal 2025.
- Free cash flow was −$427M in fiscal 2025, −3.5% of revenue. At that burn of $427M a year, its $4.4B of cash and short-term investments would last about 10.4 years.
- NIO Inc. has $1.7B more cash than debt.
Market cap
$7.3B
P/E
—
Revenue
$12.2B
Net income
−$2.1B
Free cash flow
−$427M
Operating margin
−16.0%
NIO Inc. in 30 seconds · fiscal 2025
Are sales growing?
+33.3%
Yes. Sales grew 33.3% last year.
Does it make a profit?
−17.1%
No. It lost money last year.
How long would its cash last?
10.4 yrs
Comfortably. It burns $427M a year and holds $4.4B, about 10.4 years at that pace.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What NIO Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 10, 2026
- Legal name
- NIO Inc.
- CIK
- 0001736541
NIO Inc. · NIO · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $9.0M | $18.2M | $23.6M | $9.1B | $12.2B |
| Revenue growth | −99.6% | 103.0% | 29.5% | 38,597.1% | 33.3% |
| Gross margin | 11,781.2% | 4,192.8% | 1,825.5% | 9.9% | 13.6% |
| Operating margin | −7,765.5% | −12,748.5% | −13,551.3% | −33.3% | −16.0% |
| Net income | −$623M | −$2.1B | −$2.9B | −$3.1B | −$2.1B |
| Net margin | −6,937.6% | −11,767.5% | −12,393.7% | −34.1% | −17.1% |
| Diluted EPS | −$1.04 | −$1.32 | −$1.76 | −$1.53 | −$0.95 |
| Cash | |||||
| Cash from operations | $305M | −$574M | −$195M | −$1.1B | $416M |
| Capital expenditure | $632M | $1.0B | $2.0B | $1.3B | $844M |
| Free cash flow | −$328M | −$1.6B | −$2.2B | −$2.4B | −$427M |
| FCF margin | −3,648.3% | −8,834.6% | −9,404.4% | −25.8% | −3.5% |
| Share count change | 33.0% | 4.1% | 3.9% | 20.8% | 10.6% |
| Debt and strength | |||||
| Cash and short-term investments | $8.2B | $5.7B | $7.0B | $4.6B | $4.4B |
| Debt incl. finance leases | $2.7B | $2.3B | $3.2B | $2.8B | $2.7B |
| Shareholders' equity | $5.5B | $3.5B | $3.6B | $817M | $594M |
| Current ratio | 2.2x | 1.3x | 1.2x | 1.0x | 1.0x |
| Interest coverage | −7.1x | −46.9x | −56.1x | −27.4x | −15.9x |
| Returns and quality | |||||
| Return on capital | — | −1,301.9% | — | — | — |
| Return on equity | −12.9% | −48.1% | −82.9% | −141.1% | −294.5% |
| Return on tangible equity | −30.0% | −62.5% | −83.1% | −387.1% | −367.2% |
| Piotroski F-score | 4 | 3 | 2 | 3 | 6 |
| Altman Z'' | 1.0 | −2.2 | −2.8 | −4.8 | −4.2 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
NIO Inc. · NIO · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $3.21 a share, the company is worth $7.3B.
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001736541). Latest version: stoqly.net/companies/nio. Data updated November 1, 2026. Filed in CNY under US GAAP and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.