Nio annual r&d spending
2018
2019
2020
2021
2022
2023
2024
2025
Nio R&D Spending Growth & History (NIO)
Nio's r&d spending was $1.52B for fiscal 2025.
View full Nio company overviewNio annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.52B | −$269.6M | −15.09% |
| 2024 | 2024-12-31 | $1.79B | −$105.7M | −5.59% |
| 2023 | 2023-12-31 | $1.89B | $320.7M | +20.41% |
| 2022 | 2022-12-31 | $1.57B | $850.5M | +118.04% |
| 2021 | 2021-12-31 | $720.6M | $339.3M | +88.99% |
| 2020 | 2020-12-31 | $381.3M | −$254.9M | −40.06% |
| 2019 | 2019-12-31 | $636.1M | $54.6M | +9.40% |
| 2018 | 2018-12-31 | $581.5M | — | — |
Nio r&d spending trends
Over the last five fiscal years, Nio's r&d spending increased from $381.3M to $1.52B, a change of $1.14B.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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