Nio (NIO) Operating Expenses (2017 - 2026)

Nio has disclosed Operating Expenses across 10 years of filings, most recently posting -$749.2 million for Q1 2026.

• Quarterly Operating Expenses rose 25.91% year-over-year to -$749.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$3.4 billion (up 18.46% YoY) and the FY2025 annual result came in at $3.7 billion, down 4.49% from the prior year.
• Operating Expenses advanced to -$749.2 million in Q1 2026, from -$753.1 million in the prior quarter.
• Over five years, Operating Expenses peaked at -$573.5 million in Q1 2022 and troughed at -$1.1 billion in Q4 2024.
• A 5-year average of -$881.1 million and a median of -$872.7 million in 2023 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2022 — Operating Expenses plunged 103.02% — and 2025, when it soared 34.1%.
• Tracing NIO's Operating Expenses over 5 years: stood at -$1.1 billion in 2022, then slipped by 4.36% to -$1.1 billion in 2023, then fell by 2.65% to -$1.1 billion in 2024, then jumped by 34.1% to -$753.1 million in 2025, then rose by 0.52% to -$749.2 million in 2026.
• Business Quant data shows NIO's Operating Expenses at -$749.2 million in Q1 2026, -$753.1 million in Q4 2025, and -$919.5 million in Q3 2025.