Growth Metrics

Nio (NIO) Operating Margin (2018 - 2025)

Nio has reported Operating Margin over the past 8 years, most recently at 2.33% for Q4 2025.

  • For the quarter ending Q4 2025, Operating Margin rose 3295.0% year-over-year to 2.33%, compared with a TTM value of 15.81% through Dec 2025, up 1744.0%, and an annual FY2025 reading of 16.05%, up 1723.0% over the prior year.
  • Operating Margin came in at 2.33% for Q4 2025, up from 16.16% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 2.33% in Q4 2025 to a low of 69.25% in Q2 2023.
  • Median Operating Margin over the past 5 years was 27.85% (2022), compared with a mean of 29.31%.
  • The sharpest move saw Operating Margin soared 11075bps in 2021, then tumbled -4160bps in 2023.
  • Over 5 years, Operating Margin stood at 24.7% in 2021, then plummeted by -70bps to 41.93% in 2022, then grew by 8bps to 38.74% in 2023, then rose by 21bps to 30.62% in 2024, then skyrocketed by 108bps to 2.33% in 2025.
  • Per Business Quant, the three most recent readings for NIO's Operating Margin are 2.33% (Q4 2025), 16.16% (Q3 2025), and 25.82% (Q2 2025).