NIO EBIT 2019-2024 | NIO

NIO annual and quarterly EBIT history from 2019 to 2024. EBIT can be defined as earnings before interest and taxes.
  • NIO EBIT for the quarter ending June 30, 2024 was $-0.717B, a 14.43% decline year-over-year.
  • NIO EBIT for the twelve months ending June 30, 2024 was $-3.073B, a 0.22% decline year-over-year.
  • NIO 2023 annual EBIT was $-3.191B, a 40.71% increase from 2022.
  • NIO 2022 annual EBIT was $-2.268B, a 221.4% increase from 2021.
  • NIO 2021 annual EBIT was $-0.706B, a 0.08% decline from 2020.
NIO Annual EBIT
(Millions of US $)
2023 $-3,191
2022 $-2,268
2021 $-706
2020 $-706
2019 $-1,591
2018 $-1,396
2017 $
NIO Quarterly EBIT
(Millions of US $)
2024-06-30 $-717
2024-03-31 $-747
2023-12-31 $-945
2023-09-30 $-664
2023-06-30 $-838
2023-03-31 $-744
2022-12-31 $-954
2022-09-30 $-544
2022-06-30 $-425
2022-03-31 $-345
2021-12-31 $-388
2021-09-30 $-154
2021-06-30 $-118
2021-03-31 $-45
2020-12-31 $-181
2020-09-30 $-139
2020-06-30 $-164
2020-03-31 $-222
2019-12-31 $-394
2019-09-30 $-337
2019-06-30 $-470
2019-03-31 $-390
2018-09-30 $-409
Sector Industry Market Cap Revenue
Auto/Tires/Trucks Auto Manufacturers - Foreign $7.959B $7.834B
NIO is a pioneer in China's EV market. NIO's unique selling proposition is to provide EVs at competitive pricing. Importantly, NIO does not really manufacture its own cars. It contracts state-owned JAC Motors, headquartered in eastern China's Anhui province, to make vehicles. In turn, JAC charges fee for every car. In fact, NIO does not have a dealership network and instead sells its vehicles through apps and a network of swanky NIO Houses, located in some of the most expensive areas of China's largest cities.
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GreenPower Motor (GP) Canada $0.024B 0.00
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Kaixin Holdings (KXIN) China $0.002B 0.00
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