NYSE$NIO

Nio Inc.-ADR · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

NIO reported full-year 2024 revenue of RMB65.7B with a net loss of RMB22.4B.

Total revenues were RMB65.7 billion (+18.2% YoY) for the year ended December 31, 2024. Net loss was RMB22.4 billion as vehicle deliveries grew; vehicle sales revenue was RMB58.2 billion with vehicle margin of 12.3%.

  • FY2024 revenue RMB65.7B (+18.2% YoY).
  • Vehicle sales revenue RMB58.2B; vehicle margin 12.3%.
  • Net loss RMB22.4B; adjusted net loss RMB20.5B.
  • Onvo and Firefly brands expand addressable market in 2025.

Headline financials

Total Revenue

¥65.7B

No prior period
EPS (adj)

-¥0.43

No prior period
Net Income

-¥22.4B

No prior period
Operating Income

-¥827M

No prior period
Gross Profit

¥316M

No prior period

Revenue & EPS history

Nio · Revenue · Quarterly

¥65.7B

Q4 2024
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Revenue by segment

Nio · ¥25.5B total across 2 segments · Q1 2026

  • Vehicle sales
    ¥22.8B
  • Other sales
    ¥2.75B

Forward guidance

Outlook emphasizes clinical milestones, liquidity runway, and operating expense discipline.

Tailwinds

  • Pipeline progress and partnership economics.
  • Cash supports near-term operating plans.

Headwinds

  • Operating losses until commercial scale.
  • Financing and trial outcomes affect funding costs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.4%

Avg return

Earnings day

+0.0%

Avg return

5 days after

+2.2%

Avg return

30 days after

32%

9 / 28 earnings

Positive

+66.1%

Q3 2019

Best reaction

-24.6%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+0.0%-7.2%-11.3%
Q1 2026-2.7%-9.6%-16.9%
Q2 2025+2.7%-6.7%+23.7%
H1 2025+0.6%+3.1%-0.3%
Q4 2024-4.5%+9.9%-26.5%
Q2 2024+18.4%+29.2%+59.7%
Q1 2024-8.3%-8.0%-18.1%
Q3 2023+5.9%+0.8%+13.0%
Q2 2023-3.2%-0.2%-19.1%
Q1 2023+7.8%+16.2%+28.2%
Q4 2022-3.2%-0.9%+11.9%
Q3 2022+25.0%+24.4%+36.5%
Q2 2022+3.3%+27.1%-19.6%
Q1 2022-11.0%-8.4%+10.9%
Q4 2021-9.0%+0.0%-21.4%
Q3 2021-8.4%-1.2%-21.2%
Q2 2021-4.0%-12.7%-14.1%
Q1 2021-3.3%-7.9%-6.2%
Q4 2020-5.4%-16.8%-14.9%
Q3 2020-1.1%+8.1%+0.9%
Q2 2020-6.0%-7.8%+24.8%
Q1 2020-4.6%+12.7%+65.5%
Q4 2019-17.9%-18.3%+10.7%
Q3 2019+66.1%+58.3%+76.4%
Q2 2019-24.6%-35.7%-43.4%
Q1 2019-6.5%-21.0%-32.6%
Q4 2018-18.1%-27.8%-45.3%
Q3 2018+0.9%+1.3%+10.3%
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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