Nio (NIO) Net Margin (2018 - 2026)
Nio's Net Margin was -2.62% in Q2 2026, up 24.43 percentage points from -27.05% a year earlier but down 1.97 percentage points from the prior quarter.
Nio (NIO) Net Margin (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nio's Net Margin was -3.77% through Jun 30, 2026, up 31.59 percentage points year-over-year; for FY2025, it was -17.80%, up 16.67 percentage points from FY2024.
- Net Margin shows a five-year change of +16.71 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -34.47% in FY2024 (+3.55 pp), -38.02% in FY2023 (-8.47 pp), -29.55% in FY2022 (-0.29 pp) and -29.26% in FY2021 (+5.25 pp).
- Quarterly Net Margin has moved between -69.79% (Q2 2023) and 1.26% (Q4 2025) over five years.
- Compared with a year earlier, Net Margin has increased for five straight quarters, with an average year-over-year change of +15.63 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q1 2026 (a gain of 56.61 percentage points); the worst was Q2 2023 (a drop of 43.12 percentage points).
- Per Business Quant data, NIO's Net Margin in the three quarters before Q2 2026 was -0.65% (Q1 2026), 1.26% (Q4 2025) and -17.45% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,293.25 Bn | 1,119.27 Bn | 4.75 Bn | 3.95% |
| 2 | General Motors | 76.94 Bn | -27.67 Bn | 9.28 Bn | 6.61% |
| 3 | Ferrari | 74.01 Bn | 66.50 Bn | 1.18 Bn | 23.85% |
| 4 | Ford Motor | 48.90 Bn | -85.52 Bn | 7.38 Bn | 4.14% |
| 5 | Honda Motor | 45.33 Bn | -104.48 Bn | 8.46 Bn | 7.44% |
| 6 | Toyota Motor | 25.28 Bn | -381.22 Bn | 20.95 Bn | 10.92% |
| 7 | Rivian Automotive | 19.26 Bn | -2.46 Bn | 176.00 Mn | -42.37% |
| 8 | Magna International | 17.75 Bn | 11.73 Bn | 1.63 Bn | 3.81% |
| 9 | Stellantis | 12.89 Bn | -148.55 Bn | 3.94 Bn | -1.25% |
| 10 | Nio | 7.24 Bn | -16.47 Bn | 870.51 Mn | -2.62% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.62% |
| Mar 31, 2026 | -0.65% |
| Dec 31, 2025 | 1.26% |
| Sep 30, 2025 | -17.45% |
| Jun 30, 2025 | -27.05% |
| Mar 31, 2025 | -57.26% |
| Dec 31, 2024 | -36.20% |
| Sep 30, 2024 | -29.13% |
| Jun 30, 2024 | -29.38% |
| Mar 31, 2024 | -53.06% |
| Dec 31, 2023 | -37.46% |
| Sep 30, 2023 | -24.60% |
| Jun 30, 2023 | -69.79% |
| Mar 31, 2023 | -45.52% |
| Dec 31, 2022 | -37.35% |
| Sep 30, 2022 | -31.86% |
| Jun 30, 2022 | -26.67% |
| Mar 31, 2022 | -18.42% |
| Dec 31, 2021 | -22.01% |
| Sep 30, 2021 | -29.16% |
Nio Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=NIO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "NIO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=NIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();