Nio annual net debt
2018
2019
2020
2021
2022
2023
2024
2025
Nio Net Debt Growth & History (NIO)
Nio's net debt was $2.14B for fiscal 2025.
View full Nio company overviewNio annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.14B | $159.6M | +8.06% |
| 2024 | 2024-12-31 | $1.98B | $1.73B | +706.39% |
| 2023 | 2023-12-31 | $245.4M | −$308.2M | −55.67% |
| 2022 | 2022-12-31 | $553.6M | −$194.1M | −25.96% |
| 2021 | 2021-12-31 | $747.8M | $5.19B | — |
| 2020 | 2020-12-31 | −$4.44B | −$5.84B | — |
| 2019 | 2019-12-31 | $1.39B | $1.38B | +9206.16% |
| 2018 | 2018-12-31 | $15.0M | — | — |
Nio quarterly net debt
Q4.18
Q4.19
Q3.20
Q4.20
Q3.21
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q4.25
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | $2.14B | $159.6M | +8.06% |
| Q2 2025 | 2025-06-30 | $3.07B | — | — |
| Q4 2024 | 2024-12-31 | $1.98B | $1.73B | +706.39% |
| Q4 2023 | 2023-12-31 | $245.4M | −$308.2M | −55.67% |
| Q4 2022 | 2022-12-31 | $553.6M | −$194.1M | −25.96% |
| Q4 2021 | 2021-12-31 | $747.8M | $5.19B | — |
| Q3 2021 | 2021-09-30 | −$381.1M | $1.03B | — |
| Q4 2020 | 2020-12-31 | −$4.44B | −$5.84B | — |
| Q3 2020 | 2020-09-30 | −$1.41B | — | — |
| Q4 2019 | 2019-12-31 | $1.39B | $1.38B | +9206.16% |
| Q4 2018 | 2018-12-31 | $15.0M | — | — |
Nio net debt trends
Over the last five fiscal years, Nio's net debt increased from −$4.44B to $2.14B, a change of $6.58B. The latest reported quarter, Q4 2025, shows $2.14B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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