Nio (NIOIF) Gross Margin (2018 - 2026)
Nio (NIOIF) recorded quarterly Gross Margin of 19.03% in Q1 2026, up 8.57% on a QoQ basis from 17.53% in Q4 2025, and up 1139.0% year-over-year from 1.54% in Q1 2025.
Nio (NIOIF) Gross Margin (2018 - 2026) Analysis & Trends
Nio has disclosed Gross Margin across 9 years of filings, most recently posting 19.03% for Q1 2026.
- Quarterly Gross Margin rose 1139.0% year-over-year to 19.03% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.74% (up 554.0% YoY) and the FY2025 annual result came in at 13.62%, up 374.0% from the prior year.
- Gross Margin improved to 19.03% in Q1 2026, from 17.53% in the prior quarter.
- Over five years, Gross Margin peaked at 19.03% in Q1 2026 and troughed at 0.99% in Q2 2023.
- A 5-year average of 9.88% and a median of 9.98% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 1330 bps — and 2026, when it surged 1139 bps.
- Tracing NIOIF's Gross Margin over 5 years: stood at 3.87% in 2022, then soared by 93 bps to 7.48% in 2023, then jumped by 57 bps to 11.72% in 2024, then jumped by 50 bps to 17.53% in 2025, then increased by 9 bps to 19.03% in 2026.
- Business Quant data shows NIOIF's Gross Margin at 19.03% in Q1 2026, 17.53% in Q4 2025, and 13.88% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,264.49 Bn | 1,219.81 Bn | 4.72 Bn | 21.08% |
| 2 | Toyota Motor | 448.54 Bn | 321.13 Bn | 9.14 Bn | 12.65% |
| 3 | General Motors | 74.80 Bn | 52.42 Bn | 4.32 Bn | 10.98% |
| 4 | Ferrari | 71.95 Bn | 70.15 Bn | 1.09 Bn | 51.89% |
| 5 | Ford Motor | 59.47 Bn | 29.01 Bn | 7.94 Bn | 18.36% |
| 6 | Rivian Automotive | 20.42 Bn | 15.62 Bn | 119.00 Mn | 8.62% |
| 7 | China Yuchai International | 16.65 Bn | 15.59 Bn | 317.01 Mn | 18.91% |
| 8 | VinFast Auto | 7.51 Bn | 10.51 Bn | -15,731.99 Bn | -39.92% |
| 9 | Digital Currency X Technology | 5.68 Bn | 5.68 Bn | - | - |
| 10 | Nio | - | - | 704.43 Mn | 19.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.03% |
| Dec 31, 2025 | 17.53% |
| Sep 30, 2025 | 13.88% |
| Jun 30, 2025 | 9.98% |
| Mar 31, 2025 | 7.64% |
| Dec 31, 2024 | 11.72% |
| Sep 30, 2024 | 10.75% |
| Jun 30, 2024 | 9.68% |
| Mar 31, 2024 | 4.92% |
| Dec 31, 2023 | 7.48% |
| Sep 30, 2023 | 7.99% |
| Jun 30, 2023 | 0.99% |
| Mar 31, 2023 | 1.52% |
| Dec 31, 2022 | 3.87% |
| Sep 30, 2022 | 13.34% |
| Jun 30, 2022 | 13.02% |
| Mar 31, 2022 | 14.60% |
| Dec 31, 2021 | 17.17% |
| Sep 30, 2021 | 20.33% |
| Jun 30, 2021 | 18.63% |