Nio (NIO) Research & Development (2017 - 2026)
Nio's (NIO) quarterly Research & Development came in at -$273.3 million in Q1 2026, up 37.67% YoY from -$198.5 million in Q1 2025, and up 5.67% on a QoQ basis from -$289.7 million in Q4 2025.
Nio (NIO) Research & Development (2017 - 2026) Analysis & Trends
Nio (NIO) has 10 years of Research & Development data on file, last reported at -$273.3 million in Q1 2026.
- Quarterly Research & Development rose 37.67% year-over-year to -$273.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.3 billion (up 28.82% YoY) and the FY2025 annual result came in at $1.5 billion, down 15.09% from the prior year.
- Research & Development improved to -$273.3 million in Q1 2026, from -$289.7 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$273.3 million in Q1 2026 to a low of -$577.1 million in Q4 2022.
- A 5-year average of -$414.3 million and a median of -$419.8 million in 2025 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development slumped 165.2% — and 2025, when it surged 41.84%.
- Tracing NIO's Research & Development over 5 years: stood at -$577.1 million in 2022, then gained by 3.06% to -$559.5 million in 2023, then increased by 10.97% to -$498.1 million in 2024, then surged by 41.84% to -$289.7 million in 2025, then gained by 5.67% to -$273.3 million in 2026.
- The last three Research & Development figures came in at -$273.3 million (Q1 2026), -$289.7 million (Q4 2025), and -$335.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | 2.37 Bn |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | - |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | 15.60 Bn |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | - |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | - |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | -394.63 Mn |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | -421.43 Mn |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | 466.00 Mn |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | 1.52 Bn |
| 10 | Nio | 11.72 Bn | 7.14 Bn | 704.43 Mn | -273.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -273.27 Mn |
| Dec 31, 2025 | -289.71 Mn |
| Sep 30, 2025 | -335.81 Mn |
| Jun 30, 2025 | -419.77 Mn |
| Mar 31, 2025 | -438.41 Mn |
| Dec 31, 2024 | -498.11 Mn |
| Sep 30, 2024 | -472.92 Mn |
| Jun 30, 2024 | -442.88 Mn |
| Mar 31, 2024 | -396.69 Mn |
| Dec 31, 2023 | -559.46 Mn |
| Sep 30, 2023 | -416.54 Mn |
| Jun 30, 2023 | -461.24 Mn |
| Mar 31, 2023 | -447.84 Mn |
| Dec 31, 2022 | -577.13 Mn |
| Sep 30, 2022 | -413.93 Mn |
| Jun 30, 2022 | -320.91 Mn |
| Mar 31, 2022 | -277.90 Mn |
| Dec 31, 2021 | -286.93 Mn |
| Sep 30, 2021 | -185.17 Mn |
| Jun 30, 2021 | -136.86 Mn |