Nio (NIO) EBITDA (2017 - 2026)

Nio (NIO) recorded quarterly EBITDA of -$69.7 million in Q1 2026, down 403.38% on a QoQ basis from $23.0 million in Q4 2025, and up 92.42% year-over-year from -$36.2 million in Q1 2025.

Nio (NIO) EBITDA (2017 - 2026) Analysis & Trends

Nio has disclosed EBITDA across 10 years of filings, most recently posting -$69.7 million for Q1 2026.

  • Quarterly EBITDA rose 92.42% year-over-year to -$69.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.2 billion (up 62.72% YoY) and the FY2025 annual result came in at -$2.1 billion, up 29.89% from the prior year.
  • EBITDA eased to -$69.7 million in Q1 2026, from $23.0 million in the prior quarter.
  • Over five years, EBITDA peaked at $23.0 million in Q4 2025 and troughed at -$926.2 million in Q4 2024.
  • A 5-year average of -$598.0 million and a median of -$682.0 million in 2024 frame the typical range for EBITDA.
  • Annual changes were most pronounced in 2023 — EBITDA sank 310.46% — and 2025, when it surged 102.48%.
  • Tracing NIO's EBITDA over 5 years: stood at -$861.9 million in 2022, then decreased by 3.58% to -$892.7 million in 2023, then declined by 3.74% to -$926.2 million in 2024, then jumped by 102.48% to $23.0 million in 2025, then sank by 403.38% to -$69.7 million in 2026.
  • Business Quant data shows NIO's EBITDA at -$69.7 million in Q1 2026, $23.0 million in Q4 2025, and -$508.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Tesla 1,264.49 Bn 1,219.81 Bn 4.72 Bn 941.00 Mn
2 Toyota Motor 448.54 Bn 321.13 Bn 9.14 Bn 3.63 Bn
3 General Motors 74.80 Bn 52.42 Bn 4.32 Bn 2.93 Bn
4 Ferrari 71.95 Bn 70.15 Bn 1.09 Bn 814.83 Mn
5 Ford Motor 59.47 Bn 29.01 Bn 7.94 Bn 2.33 Bn
6 Rivian Automotive 20.42 Bn 15.62 Bn 119.00 Mn -881.00 Mn
7 China Yuchai International 16.65 Bn 15.59 Bn 317.01 Mn 66.75 Mn
8 VinFast Auto 7.51 Bn 10.51 Bn -15,731.99 Bn -34,795.08 Bn
9 Digital Currency X Technology 5.68 Bn 5.68 Bn - -
10 Nio 1.77 Bn -1.40 Bn 704.43 Mn -69.74 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -69.74 Mn
Dec 31, 2025 22.99 Mn
Sep 30, 2025 -508.76 Mn
Jun 30, 2025 -671.48 Mn
Mar 31, 2025 -919.72 Mn
Dec 31, 2024 -926.17 Mn
Sep 30, 2024 -763.52 Mn
Jun 30, 2024 -682.04 Mn
Mar 31, 2024 -717.02 Mn
Dec 31, 2023 -892.75 Mn
Sep 30, 2023 -632.94 Mn
Jun 30, 2023 -817.67 Mn
Mar 31, 2023 -698.27 Mn
Dec 31, 2022 -861.89 Mn
Sep 30, 2022 -517.12 Mn
Jun 30, 2022 -339.20 Mn
Mar 31, 2022 -170.12 Mn
Dec 31, 2021 -342.19 Mn
Sep 30, 2021 -126.55 Mn
Jun 30, 2021 -108.65 Mn