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NIO Inc.

NIORank #345Consumer CyclicalAuto Manufacturers

Market Cap

$10.9B

Global Rank

#345

All-Time High

$23.0B

2022-12-31

Total Growth

+0%

since 2026

Market Cap Context

  • Larger than 6% of the 367 companies we track (globally).
  • Equivalent to 0.1% of China's GDP (2025 data).
  • Just above: #344 HubSpot, Inc. ($11.3B)
  • Just below: #346 Li Auto Inc. ($10.3B)
  • Best year: 2022 (+86%). Worst year: 2024 (-52%).

$12.2B revenue · $-1.9B operating income · $-2.2B net income

  • Operating margin: -16.0% on $12.2B in revenue.
  • R&D is 12.1% of revenue ($1.5B).
  • Net income margin: -17.8% — $-2.2B in profit.
  • Free cash flow: $-0.4B (-3.5% of revenue).

Cost / Operating Expenses

Total operating expenses $14.1B

Total

$14.0B

Cost of revenue· Product / service delivery costs (COGS)$10.5B74.9%
Research & development$1.5B10.5%
Sales & marketing$0.4B3.1%
General & administrative$1.6B11.5%

Capital Expenditures

$0.8B

This fiscal year (near-total AI infrastructure buildout)

Free Cash Flow

$-0.4B

Trailing twelve months

Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.

About NIO Inc.

NIO Inc. (NIO) is a China-based company in the Auto Manufacturers industry, part of the Consumer Cyclical sector. With a current market capitalization of $10.9B, it is ranked #345 among the world's largest companies. Its market cap peaked at $23.0B and reached as high as rank #303 in 2022.

NIO Inc. Market Cap History (20262026)

NIO Inc. vs Sector Peers by Market Cap

Rivian Automotive, Inc.RIVN
$23.6B
Tractor Supply CompanyTSCO
$18.4B
lululemon athletica inc.LULU
$13.6B
NIO Inc.NIO
$10.9B
Li Auto Inc.LI
$10.3B
XPeng Inc.XPEV
$9.3B
QuantumScape CorporationQS
$3.7B
Lucid Group, Inc.LCID
$2.6B

Compare NIO Inc.

Ranking History

YearMarket CapRankYoY Change
2026$10.9B#345(1)-9.4%
2025$12.0B#346(5)+17.0%
2024$10.3B#341(20)-51.9%
2023$21.4B#321(18)-7.0%
2022$23.0B#303(35)+86.4%
2021$12.3B#338(8)+0.0%
2020$12.3B#330(11)+30.1%
2019$9.5B#319(53)-36.9%
2018$15.0B#266

Other Consumer Cyclical Companies

FAQ

What is NIO Inc.'s market cap?

NIO Inc. (NIO) has a market capitalization of $10.9B, making it the #345 largest company in the world by market cap.

What was NIO Inc.'s highest market cap?

NIO Inc.'s all-time high market cap was $23.0B, reached in 2022-12-31. Its highest rank was #303 in 2022.

What sector is NIO Inc. in?

NIO Inc. is in the Consumer Cyclical sector, specifically the Auto Manufacturers industry. It is based in China.

How has NIO Inc.'s market cap changed over time?

NIO Inc. has been tracked since 2026. Its market cap has grown by 0% from $10.9B in 2026 to $10.9B today.