Nio (NIOIF) Operating Expenses (2017 - 2026)
Nio (NIOIF) posted Operating Expenses of -$749.2 million for Q1 2026, up 0.52% quarter-over-quarter from -$753.1 million in Q4 2025, and up 25.91% on a YoY basis from -$595.0 million in Q1 2025.
Nio (NIOIF) Operating Expenses (2017 - 2026) Analysis & Trends
Nio (NIOIF) has reported Operating Expenses for 10 consecutive years, with -$749.2 million the latest figure, recorded in Q1 2026.
- Quarterly Operating Expenses rose 25.91% year-over-year to -$749.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$3.4 billion (up 18.46% YoY) and the FY2025 annual result came in at $3.7 billion, down 4.49% from the prior year.
- Operating Expenses came in at -$749.2 million for Q1 2026 at Nio, up from -$753.1 million in the prior quarter.
- The five-year high for Operating Expenses was -$573.5 million in Q1 2022, with the low at -$1.1 billion in Q4 2024.
- A 5-year average of -$881.1 million and a median of -$872.7 million in 2023 frame the typical range for Operating Expenses.
- Year-over-year, Operating Expenses sank 103.02% in 2022 and jumped 34.1% in 2025.
- Tracing NIOIF's Operating Expenses over 5 years: stood at -$1.1 billion in 2022, then declined by 4.36% to -$1.1 billion in 2023, then decreased by 2.65% to -$1.1 billion in 2024, then soared by 34.1% to -$753.1 million in 2025, then advanced by 0.52% to -$749.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were -$749.2 million in Q1 2026, -$753.1 million in Q4 2025, and -$919.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 3.78 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 40.92 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 40.70 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | -660.64 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 1.00 Bn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -696.85 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | -749.20 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -3,574.44 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 1.27 Bn |
| 10 | Nio | - | - | 704.43 Mn | -749.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -749.20 Mn |
| Dec 31, 2025 | -753.14 Mn |
| Sep 30, 2025 | -919.52 Mn |
| Jun 30, 2025 | -950.13 Mn |
| Mar 31, 2025 | -1.01 Bn |
| Dec 31, 2024 | -1.14 Bn |
| Sep 30, 2024 | -1.03 Bn |
| Jun 30, 2024 | -949.20 Mn |
| Mar 31, 2024 | -814.62 Mn |
| Dec 31, 2023 | -1.11 Bn |
| Sep 30, 2023 | -872.70 Mn |
| Jun 30, 2023 | -849.65 Mn |
| Mar 31, 2023 | -767.97 Mn |
| Dec 31, 2022 | -1.07 Bn |
| Sep 30, 2022 | -787.99 Mn |
| Jun 30, 2022 | -624.93 Mn |
| Mar 31, 2022 | -573.49 Mn |
| Dec 31, 2021 | -650.39 Mn |
| Sep 30, 2021 | -463.28 Mn |
| Jun 30, 2021 | -361.99 Mn |