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NIO
NIO Inc. American depositary shares each representing oneStock · Industrials
$4.36-0.45%
as of Aug 27, 3:10 PM ET
PeersSPCXGEVCATGLWVRTUBER

How NIO Inc. American depositary shares each representing one makes money

Period
FY2025

How does NIO Inc. American depositary shares each representing one make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

NIO Inc. American depositary shares each representing one · FY2025 · year ended 2025-12-31
Revenue$12.5BNet loss$2.1B · 17%Cost of revenue$10.8B · 86%Gross profit$1.7B · 14%Operating expenses$3.7B · 30%R&D$1.5B · 12%Other opex$2.2B · 18%Other expense$111M · 1%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.