Growth Metrics

Nio (NIO) Gross Margin (2018 - 2025)

Nio has reported Gross Margin over the past 8 years, most recently at 17.53% for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin rose 581.0% year-over-year to 17.53%, compared with a TTM value of 13.67% through Dec 2025, up 379.0%, and an annual FY2025 reading of 13.62%, up 374.0% over the prior year.
  • Gross Margin came in at 17.53% for Q4 2025, up from 13.88% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 20.33% in Q3 2021 to a low of 0.99% in Q2 2023.
  • Median Gross Margin over the past 5 years was 11.23% (2024), compared with a mean of 11.23%.
  • The sharpest move saw Gross Margin skyrocketed 3169bps in 2021, then plummeted -1330bps in 2022.
  • Over 5 years, Gross Margin stood at 17.17% in 2021, then crashed by -77bps to 3.87% in 2022, then skyrocketed by 93bps to 7.48% in 2023, then surged by 57bps to 11.72% in 2024, then surged by 50bps to 17.53% in 2025.
  • Per Business Quant, the three most recent readings for NIO's Gross Margin are 17.53% (Q4 2025), 13.88% (Q3 2025), and 9.98% (Q2 2025).