NIO Inc. Revenue (ASC 606)

Quick Answer

NIO Inc. reported Revenue (ASC 606) of $9.01 billion for fiscal year 2024.

NIO Inc. Revenue (ASC 606) — Annual History

Fiscal Year Revenue (ASC 606) YoY Change
2024 $9.01B -83.8%
2023 $55.62B +12.9%
2022 $49.27B +36.3%
2021 $36.14B +122.3%
2020 $16.26B +107.8%
2019 $7.82B +58.0%
2018 $4.95B
  • NIO Inc. showed a decrease of -83.8% in Revenue (ASC 606) compared to the prior fiscal year.
  • Over the 2018–2024 period, NIO Inc.’s revenue (asc 606) has grown by 81.9% (from $4.95 billion to $9.01 billion).
  • The most recent figure is from NIO Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 8, 2025.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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