Nio (NIO) Research & Development (2017 - 2026)
Nio (NIO) recorded quarterly Research & Development of -$316.1 million in Q2 2026, down 15.68% on a QoQ basis from -$273.3 million in Q1 2026, and up 24.69% YoY from -$253.5 million in Q2 2025.
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Nio (NIO) Research & Development (2017 - 2026) Analysis & Trends
Nio (NIO) has reported Research & Development for 10 consecutive years, with -$316.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 24.69% year-over-year to -$316.1 million; the trailing twelve-month figure through Jun 2026 stood at -$1.2 billion (up 33.58% YoY), and the FY2025 full-year result was -$1.5 billion, up 15.09% from the prior year.
- Research & Development was -$316.1 million for Q2 2026 at Nio, down from -$273.3 million in the prior quarter.
- The five-year high for Research & Development was -$273.3 million in Q1 2026, with the low at -$577.1 million in Q4 2022.
- Historically, Research & Development has averaged -$408.8 million across 5 years, with a median of -$418.2 million in 2023.
- Annual changes were most pronounced in 2022 — Research & Development sank 165.2% — and 2025, when it jumped 41.84%.
- Tracing NIO's Research & Development over 5 years: stood at -$577.1 million in 2022, then climbed by 3.06% to -$559.5 million in 2023, then gained by 10.97% to -$498.1 million in 2024, then jumped by 41.84% to -$289.7 million in 2025, then declined by 9.12% to -$316.1 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were -$316.1 million in Q2 2026, -$273.3 million in Q1 2026, and -$289.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,226.50 Bn | 1,183.58 Bn | 4.75 Bn | 2.37 Bn |
| 2 | Toyota Motor | 250.64 Bn | 172.66 Bn | 12.27 Bn | - |
| 3 | Ferrari | 153.43 Bn | 151.68 Bn | 1.18 Bn | 252.82 Mn |
| 4 | Honda Motor | 147.05 Bn | 108.59 Bn | 8.46 Bn | -1.53 Bn |
| 5 | General Motors | 73.24 Bn | 50.16 Bn | 7.33 Bn | - |
| 6 | Ford Motor | 51.31 Bn | 20.01 Bn | 6.08 Bn | - |
| 7 | Rivian Automotive | 20.62 Bn | 15.33 Bn | 179.00 Mn | 466.00 Mn |
| 8 | Magna International | 17.88 Bn | 16.79 Bn | 1.61 Bn | - |
| 9 | Stellantis | 14.02 Bn | -29.10 Bn | 5.55 Bn | 1.52 Bn |
| 10 | Nio | 9.18 Bn | 2.85 Bn | 870.51 Mn | -316.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -316.12 Mn |
| 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 |
API Access
Nio Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=NIO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NIO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=NIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();