Nio (NIOIF) Cost of Revenue (2018 - 2026)

Nio has disclosed Cost of Revenue across 9 years of filings, most recently posting $3.0 billion for Q1 2026.

• Quarterly Cost of Revenue rose 95.67% year-over-year to $3.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.1 billion (up 43.16% YoY) and the FY2025 annual result came in at $10.8 billion, up 33.16% from the prior year.
• Cost of Revenue retreated to $3.0 billion in Q1 2026, from $4.1 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $4.1 billion in Q4 2025 and troughed at $1.2 billion in Q2 2023.
• A 5-year average of $2.1 billion and a median of $2.2 billion in 2023 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2024 — Cost of Revenue slipped 14.78% — and 2026, when it surged 95.67%.
• Tracing NIOIF's Cost of Revenue over 5 years: stood at $2.2 billion in 2022, then decreased by 0.45% to $2.2 billion in 2023, then gained by 6.92% to $2.4 billion in 2024, then jumped by 71.48% to $4.1 billion in 2025, then retreated by 26.66% to $3.0 billion in 2026.
• Business Quant data shows NIOIF's Cost of Revenue at $3.0 billion in Q1 2026, $4.1 billion in Q4 2025, and $2.6 billion in Q3 2025.