NIO Inc.
Electric Vehicles and Automotive TechnologyFounded 2014- Updated July 2025
Reviewed by Swet Parvadiya
Last reviewed: July 2025
CorpDigest
NIO Inc.
Annual Revenue
Last reviewed: 2025-07-15 · By Swet Parvadiya
FY2021 Revenue
$5.7B
▲ 115.6% vs FY2020 ($2.6B)
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.
| Year | Revenue | YoY Change |
|---|---|---|
| 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.