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Nio (NIO) Operating Expenses (2017 - 2025)

Nio has reported Operating Expenses over the past 9 years, most recently at -$753.1 million for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 34.1% year-over-year to -$753.1 million, compared with a TTM value of -$3.6 billion through Dec 2025, up 7.75%, and an annual FY2025 reading of $3.7 billion, down 4.49% over the prior year.
  • Operating Expenses came in at -$753.1 million for Q4 2025, up from -$919.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$282.5 million in Q1 2021 to a low of -$1.1 billion in Q4 2024.
  • Median Operating Expenses over the past 5 years was -$832.1 million (2023), compared with a mean of -$799.4 million.
  • The sharpest move saw Operating Expenses plummeted 105.34% in 2021, then soared 34.1% in 2025.
  • Over 5 years, Operating Expenses stood at -$650.4 million in 2021, then tumbled by 64.02% to -$1.1 billion in 2022, then dropped by 4.36% to -$1.1 billion in 2023, then dropped by 2.65% to -$1.1 billion in 2024, then surged by 34.1% to -$753.1 million in 2025.
  • Per Business Quant, the three most recent readings for NIO's Operating Expenses are -$753.1 million (Q4 2025), -$919.5 million (Q3 2025), and -$950.1 million (Q2 2025).