Nio (NIO) Operating Margin (2018 - 2026)
Nio (NIO) recorded quarterly Operating Margin of 39.11% in Q1 2026, up 1098264.54% on a QoQ basis from 0.0% in Q4 2025, and up 9244.0% year-over-year from 0.42% in Q1 2025.
Nio (NIO) Operating Margin (2018 - 2026) Analysis & Trends
Nio has disclosed Operating Margin across 9 years of filings, most recently posting 39.11% for Q1 2026.
- Quarterly Operating Margin rose 9244.0% year-over-year to 39.11% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.86% (up 3556.0% YoY) and the FY2025 annual result came in at 16.05%, up 1723.0% from the prior year.
- Operating Margin rose to 39.11% in Q1 2026, from 0.0% in the prior quarter.
- Over five years, Operating Margin peaked at 39.11% in Q1 2026 and troughed at 69.25% in Q2 2023.
- A 5-year average of 29.52% and a median of 29.77% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin slumped 4160 bps — and 2026, when it jumped 9244 bps.
- Tracing NIO's Operating Margin over 5 years: stood at 41.93% in 2022, then climbed by 8 bps to 38.74% in 2023, then advanced by 21 bps to 30.62% in 2024, then surged by 100 bps to 0.0% in 2025, then surged by 1098265 bps to 39.11% in 2026.
- Business Quant data shows NIO's Operating Margin at 39.11% in Q1 2026, 0.0% in Q4 2025, and 16.16% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,264.49 Bn | 1,219.81 Bn | 4.72 Bn | 4.20% |
| 2 | Toyota Motor | 448.54 Bn | 321.13 Bn | 9.14 Bn | 5.03% |
| 3 | General Motors | 74.80 Bn | 52.42 Bn | 4.32 Bn | 7.44% |
| 4 | Ferrari | 71.95 Bn | 70.15 Bn | 1.09 Bn | 28.47% |
| 5 | Ford Motor | 59.47 Bn | 29.01 Bn | 7.94 Bn | 5.38% |
| 6 | Rivian Automotive | 20.42 Bn | 15.62 Bn | 119.00 Mn | -63.79% |
| 7 | China Yuchai International | 16.65 Bn | 15.59 Bn | 317.01 Mn | 3.98% |
| 8 | VinFast Auto | 7.51 Bn | 10.51 Bn | -15,731.99 Bn | -73.69% |
| 9 | Digital Currency X Technology | 5.68 Bn | 5.68 Bn | - | - |
| 10 | Nio | 1.77 Bn | -1.40 Bn | 704.43 Mn | 39.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.11% |
| Dec 31, 2025 | 0.00% |
| Sep 30, 2025 | -16.16% |
| Jun 30, 2025 | -25.82% |
| Mar 31, 2025 | -53.33% |
| Dec 31, 2024 | -30.62% |
| Sep 30, 2024 | -28.05% |
| Jun 30, 2024 | -29.86% |
| Mar 31, 2024 | -54.44% |
| Dec 31, 2023 | -38.74% |
| Sep 30, 2023 | -25.41% |
| Jun 30, 2023 | -69.25% |
| Mar 31, 2023 | -47.88% |
| Dec 31, 2022 | -41.93% |
| Sep 30, 2022 | -29.77% |
| Jun 30, 2022 | -27.65% |
| Mar 31, 2022 | -22.08% |
| Dec 31, 2021 | -24.70% |
| Sep 30, 2021 | -10.12% |
| Jun 30, 2021 | -9.04% |