NIO Pre-Tax Income 2019-2024 | NIO
NIO annual/quarterly pre-tax income history and growth rate from 2019 to 2024. Pre-tax income can be defined as company's earnings or loss before taxes on income have been accounted for.
- NIO pre-tax income for the quarter ending June 30, 2024 was $-0.694B, a 16.63% decline year-over-year.
- NIO pre-tax income for the twelve months ending June 30, 2024 was $-2.771B, a 5.04% decline year-over-year.
- NIO annual pre-tax income for 2023 was $-2.882B, a 38.19% increase from 2022.
- NIO annual pre-tax income for 2022 was $-2.085B, a 234.32% increase from 2021.
- NIO annual pre-tax income for 2021 was $-0.624B, a 23.18% decline from 2020.
NIO Annual Pre-Tax Income
(Millions of US $) |
| 2023 |
$-2,882 |
| 2022 |
$-2,085 |
| 2021 |
$-624 |
| 2020 |
$-812 |
| 2019 |
$-1,621 |
| 2018 |
$-1,399 |
| 2017 |
$ |
NIO Quarterly Pre-Tax Income
(Millions of US $) |
| 2024-06-30 |
$-694 |
| 2024-03-31 |
$-717 |
| 2023-12-31 |
$-736 |
| 2023-09-30 |
$-624 |
| 2023-06-30 |
$-833 |
| 2023-03-31 |
$-689 |
| 2022-12-31 |
$-820 |
| 2022-09-30 |
$-577 |
| 2022-06-30 |
$-412 |
| 2022-03-31 |
$-276 |
| 2021-12-31 |
$-336 |
| 2021-09-30 |
$-129 |
| 2021-06-30 |
$-91 |
| 2021-03-31 |
$-68 |
| 2020-12-31 |
$-253 |
| 2020-09-30 |
$-154 |
| 2020-06-30 |
$-166 |
| 2020-03-31 |
$-239 |
| 2019-12-31 |
$-400 |
| 2019-09-30 |
$-353 |
| 2019-06-30 |
$-478 |
| 2019-03-31 |
$-391 |
| 2018-09-30 |
$-409 |
| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$8.630B |
$7.834B |
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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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