NIO Operating Margin 2019-2024 | NIO
Current and historical operating margin for NIO (NIO) over the last 10 years. The current operating profit margin for NIO as of March 31, 2024 is -39.38%.
| NIO Operating Margin Historical Data |
| Date |
TTM Revenue |
TTM Operating Income |
Operating Margin |
| 2024-03-31 |
$7.65B |
$-3.19B |
-41.75% |
| 2023-12-31 |
$7.83B |
$-3.19B |
-40.73% |
| 2023-09-30 |
$7.59B |
$-3.20B |
-42.14% |
| 2023-06-30 |
$6.81B |
$-3.08B |
-45.24% |
| 2023-03-31 |
$7.14B |
$-2.67B |
-37.38% |
| 2022-12-31 |
$7.14B |
$-2.27B |
-31.75% |
| 2022-09-30 |
$6.55B |
$-1.70B |
-25.98% |
| 2022-06-30 |
$6.24B |
$-1.31B |
-21.01% |
| 2022-03-31 |
$6.02B |
$-1.01B |
-16.71% |
| 2021-12-31 |
$5.67B |
$-0.71B |
-12.43% |
| 2021-09-30 |
$5.15B |
$-0.50B |
-9.66% |
| 2021-06-30 |
$4.30B |
$-0.48B |
-11.24% |
| 2021-03-31 |
$3.52B |
$-0.53B |
-15.05% |
| 2020-12-31 |
$2.49B |
$-0.71B |
-28.33% |
| 2020-09-30 |
$1.79B |
$-0.92B |
-51.31% |
| 2020-06-30 |
$1.38B |
$-1.12B |
-80.88% |
| 2020-03-31 |
$1.08B |
$-1.42B |
-132.37% |
| 2019-12-31 |
$1.12B |
$-1.59B |
-141.55% |
| 2019-09-30 |
$0.93B |
$-1.61B |
-171.95% |
| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$7.633B |
$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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