Explore NIO
Core profile pages, annual revenue records, and related research hubs for this company.
CorpDigest
Explore NIO
Core profile pages, annual revenue records, and related research hubs for this company.
Annual Revenue
FY2021 Revenue
$5.7B
▲ 115.6% vs FY2020 ($2.6B)
Source: Annual report / company filing
NIO Inc. reported $5.7B in revenue for fiscal year 2021. This represents a growth of 115.6% compared to the 2020 figure of $2.6B. In 2022, revenue increased to $7.2B.
NIO more than doubled its top line in 2021, surging 115.6% to $5.65 billion as post-crisis deliveries boomed and the ET7 flagship sedan with NAD debuted.
| Year | Revenue | YoY Change |
|---|---|---|
| FY2025 | $12.5B | +35.1% |
| FY2024 | $9.3B | +18.3% |
| FY2023 | $7.8B | +9.5% |
| FY2022 | $7.2B | +26.5% |
| FY2021 | $5.7B | +115.6% |
| FY2020 | $2.6B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.