TickerFacts.

NIO Inc. (NIO): R&D Expense

Annual figures by period end, from SEC filings.

10.60B CNY
Year ended 2025-12-31
-0.7%
3-year compound annual growth
+33.6%
5-year compound annual growth
13.43B CNY2016-12-31: 1.47B CNY2017-12-31: 2.60B CNY2018-12-31: 4.00B CNY2019-12-31: 4.43B CNY2020-12-31: 2.49B CNY2021-12-31: 4.59B CNY2022-12-31: 10.84B CNY2023-12-31: 13.43B CNY2024-12-31: 13.04B CNY2025-12-31: 10.60B CNY10.60B CNY
2016-12-31 R&D Expense (CNY) 2025-12-31
Period endedR&D ExpenseChange YoYSource filing
2025-12-3110.60B CNY-18.7%2026-04-10, From 2025-01-01
2024-12-3113.04B CNY-2.9%2026-04-10, From 2024-01-01
2023-12-3113.43B CNY+23.9%2026-04-10, From 2023-01-01
2022-12-3110.84B CNY+136.0%2025-04-08, From 2022-01-01
2021-12-314.59B CNY+84.6%2024-04-09, From 2021-01-01
2020-12-312.49B CNY-43.8%2023-04-28, From 2020-01-01
2019-12-314.43B CNY+10.8%2022-04-29, From 2019-01-01
2018-12-314.00B CNY+53.6%2021-04-06, From 2018-01-01
2017-12-312.60B CNY+77.6%2020-05-14, From 2017-01-01
2016-12-311.47B CNYn/a2019-04-02, From 2016-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Motor Vehicles & Passenger Car Bodies), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedR&D ExpenseChange YoY
NIO Inc. (NIO)2025-12-3110.60B CNY-18.7%
Xpeng Inc. (XPEV)2025-12-319.49B CNY+47.0%
Li Auto Inc. (LI)2025-12-3111.31B CNY+2.2%
Niu Technologies (NIU)2025-12-31166.45M CNY+27.9%

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