NIO Inc. (New York Stock Exchange:NIO)
Insiders here have filed 8 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Loses money on what it sells.
- Revenue
- $114.15B
- Net income
- -$4.56B
- Net margin
- -4.0%
Heavily indebted for what it earns.
- Total debt
- $29.01B
- Cash
- $30.98B
- Debt / equity
- 7.13
Covers near-term obligations, without much room.
- Current assets
- $89.28B
- Current liabilities
- $87.65B
- Current ratio
- 1.02
Roughly cash-neutral.
- Operating cash flow
- $0
- Free cash flow
- $0
- FCF margin
- 0.0%
Some dilution over the past year.
- Shares outstanding
- 2496.7M
- Share growth (1y)
- 12.0%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
NIO Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 32.17 B | 25.53 B | 34.65 B | 21.79 B | 19.01 B | 12.03 B |
| Revenue Growth (YoY) | 69.25 % | 112.16 % | 75.86 % | 16.71 % | 8.96 % | 21.46 % |
| Cost of Revenue | 26.26 B | 20.67 B | 28.58 B | 18.77 B | 17.11 B | 11.12 B |
| Gross Profit | 5.91 B | 4.86 B | 6.07 B | 3.02 B | 1.90 B | 919.55 M |
| SG&A Expense | 4.43 B | 3.50 B | 2.70 B | 4.18 B | 3.48 B | 4.40 B |
| R&D Expense | 2.15 B | 1.89 B | 2.03 B | 2.39 B | 3.01 B | 3.18 B |
| Operating Expenses | 6.58 B | 5.17 B | 5.27 B | 6.55 B | 6.81 B | 7.34 B |
| Operating Income | -663.65 M | -308.81 M | 807.27 M | -3.52 B | -4.91 B | -6.42 B |
| Pretax Income | -495.71 M | -319.96 M | 300.00 M | -3.42 B | -4.95 B | -6.75 B |
| Tax Provision | 32.87 M | 12.12 M | 17.28 M | 57.03 M | 42.94 M | 4.63 M |
| Net Income | -529.83 M | -496.01 M | 122.44 M | -3.66 B | -5.14 B | -6.89 B |
| EPS (Basic) | -0.29 | -0.20 | 0.05 | -1.51 | -2.31 | -3.29 |
| EPS (Diluted) | -0.29 | -0.20 | 0.05 | -1.51 | -2.31 | -3.29 |
| Shares Outstanding | 2.50 B | 2.48 B | 2.51 B | 2.43 B | 2.23 B | 2.09 B |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.