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

Nio (NIOIF) posted Cost of Revenue of $3.0 billion for Q1 2026, down 26.66% quarter-over-quarter from $4.1 billion in Q4 2025, and up 95.67% on a YoY basis from $1.5 billion in Q1 2025.

Nio (NIOIF) Cost of Revenue (2018 - 2026) Analysis & Trends

Nio (NIOIF) has reported Cost of Revenue for 9 consecutive years, with $3.0 billion the latest figure, recorded in 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 came in at $3.0 billion for Q1 2026 at Nio, down from $4.1 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $4.1 billion in Q4 2025, with the low 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.
  • Year-over-year, Cost of Revenue dropped 14.78% in 2024 and soared 95.67% in 2026.
  • Tracing NIOIF's Cost of Revenue over 5 years: stood at $2.2 billion in 2022, then dropped by 0.45% to $2.2 billion in 2023, then climbed by 6.92% to $2.4 billion in 2024, then soared by 71.48% to $4.1 billion in 2025, then slipped by 26.66% to $3.0 billion in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $3.0 billion in Q1 2026, $4.1 billion in Q4 2025, and $2.6 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 17.67 Bn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 35.31 Bn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 35.03 Bn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn 1.50 Bn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn 1.26 Bn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn 3.07 Bn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn 3.00 Bn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn 40,115.94 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn 594.17 Mn
10 Nio - - 704.43 Mn 3.00 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.00 Bn
Mar 31, 2026 3.00 Bn
Dec 31, 2025 4.09 Bn
Dec 31, 2025 4.09 Bn
Sep 30, 2025 2.64 Bn
Sep 30, 2025 2.64 Bn
Jun 30, 2025 2.39 Bn
Jun 30, 2025 2.39 Bn
Mar 31, 2025 1.53 Bn
Mar 31, 2025 1.53 Bn
Dec 31, 2024 2.38 Bn
Dec 31, 2024 2.38 Bn
Sep 30, 2024 2.37 Bn
Sep 30, 2024 2.37 Bn
Jun 30, 2024 2.17 Bn
Jun 30, 2024 2.17 Bn
Mar 31, 2024 1.30 Bn
Mar 31, 2024 1.30 Bn
Dec 31, 2023 2.23 Bn
Dec 31, 2023 2.23 Bn