NIO Inc. (NIO) quarterly balance sheet — complete assets, liabilities & equity history
NIO Inc. (NIO) balance sheet — 10-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 89.28B | 79.34B | 76.68B | 63.06B | 52.51B | 49.79B | 61.89B | 60.06B | 55.51B | 59.01B | 70.38B | 60.67B | 47.94B | 51.65B | 59.15B | 63.06B | 64.8B | 64.31B | 63.64B | 54.32B |
| Cash & Short-Term Investments | 56.62B | 31.77B | 45.81B | 24.11B | 17.8B | 19.72B | 22.09B | 37.15B | 36.27B | 38.43B | 49.75B | 38.95B | 27.85B | 32.61B | 39.06B | 44.81B | 50.6B | 49.41B | 52.39B | 43.37B |
| Cash Only | 30.98B | 8.83B | 26.04B | 9.27B | 7.11B | 8.08B | 19.33B | 23.79B | 24.65B | 23.82B | 32.94B | 24.08B | 13.72B | 14.76B | 19.89B | 18.08B | 24.51B | 15.9B | 15.33B | 21.59B |
| Short-Term Investments | 25.64B | 22.94B | 19.77B | 14.84B | 10.69B | 11.65B | 2.77B | 13.36B | 11.62B | 14.6B | 16.81B | 14.87B | 14.13B | 17.84B | 19.17B | 26.73B | 26.09B | 33.51B | 37.06B | 21.78B |
| Accounts Receivable | 16.19B | 17.54B | 17.48B | 14.55B | 15.71B | 10.58B | 1.68B | 7.03B | 5.64B | 3.38B | 4.66B | 5.37B | 5.66B | 5.46B | 5.12B | 6.14B | 4.7B | 5.2B | 2.8B | 4.28B |
| Days Sales Outstanding | 47.7 | 61.72 | 42.53 | 63.87 | 62.92 | 45.82 | 20.32 | 31.19 | 23.52 | 36.92 | 27.54 | 102.85 | 56.09 | 186.82 | 27.89 | 172.32 | 33.24 | 191.59 | 25.87 | 159.18 |
| Inventory | 11.09B | 8.58B | 8.54B | 7.48B | 8.24B | 8.7B | 7.09B | 6.82B | 4.89B | 6.21B | 5.28B | 7.06B | 8.49B | 6.38B | 8.19B | 6.67B | 3.36B | 2.68B | 2.06B | 1.7B |
| Days Inventory Outstanding | 34.09 | 37.26 | 25.78 | 38.53 | 45.04 | 63.9 | 36.77 | 32.31 | 32.04 | 55.48 | 39.71 | 146.96 | 87.65 | 221.35 | 34.13 | 216.13 | 27.61 | 115.42 | 23.61 | 79.57 |
| Other Current Assets | 5.38B | 21.46B | 4.86B | 16.92B | 9.26B | 10.79B | 29.9B | 9.06B | 8.72B | 10.99B | 9.88B | 9.28B | 5.93B | 7.2B | 5.89B | 5.44B | 3.79B | 7.02B | 6.14B | 4.97B |
| Total Non-Current Assets | 46.98B | 46.85B | 47.8B | 48.98B | 47.54B | 48.37B | 45.72B | 43.93B | 45B | 45.18B | 47B | 41.8B | 39.44B | 37.68B | 37.11B | 33.82B | 29.1B | 22.89B | 19.24B | 14.7B |
| Property, Plant & Equipment | 36.22B | 36.73B | 37.56B | 38.81B | 42.76B | 40.15B | 40B | 36.51B | 36.08B | 35.93B | 37.48B | 30.37B | 27.89B | 25.02B | 23.03B | 20.28B | 17.67B | 11.91B | 10.39B | 8.62B |
| Fixed Asset Turnover | 0.88x | 0.69x | 0.91x | 0.53x | 0.46x | 0.30x | 0.52x | 0.51x | 0.48x | 0.27x | 0.52x | 0.63x | 0.34x | 0.43x | 0.79x | 0.64x | 0.73x | 0.83x | 1.17x | 1.14x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 173.27M | 225.01M | 29.67M | 227.66M | 228.99M | 230.32M | 231.64M | 232.97M | 234.29M | 235.62M | 236.95M | 238.27M | 239.6M | 240.93M | 212.6M | 213.93M | 215.25M | 197.91M | 199.12M | 200.34M |
| Long-Term Investments | 2.41B | 2.45B | 2.57B | 2.15B | 2.71B | 2.88B | 3.13B | 3.73B | 5.38B | 5.45B | 5.49B | 5.53B | 5.27B | 5.44B | 6.36B | 5.98B | 4.42B | 4.05B | 3.06B | 1.31B |
| Other Non-Current Assets | 8.17B | 7.45B | 7.64B | 7.8B | 1.84B | 5.11B | 2.36B | 3.46B | 3.31B | 3.55B | 159.72M | 5.66B | 6.04B | 6.97B | 7.51B | 7.34B | 6.8B | 6.73B | 5.6B | 4.57B |
| Total Assets | 136.26B | 126.2B | 124.48B | 112.04B | 100.05B | 98.16B | 107.6B | 103.99B | 100.52B | 104.19B | 117.38B | 102.47B | 87.38B | 89.33B | 96.26B | 96.88B | 93.9B | 87.19B | 82.88B | 69.01B |
| Asset Turnover | 0.25x | 0.20x | 0.29x | 0.21x | 0.19x | 0.12x | 0.19x | 0.18x | 0.17x | 0.09x | 0.17x | 0.19x | 0.10x | 0.12x | 0.17x | 0.13x | 0.12x | 0.11x | 0.13x | 0.14x |
| Asset Growth % | 36.2% | 28.56% | 15.68% | 7.75% | -0.47% | -5.78% | -8.33% | - | 15.03% | - | 21.94% | 5.77% | -6.95% | 2.45% | 16.14% | 40.38% | 43.32% | 42.66% | 51.69% | 100.65% |
| Total Current Liabilities | 87.65B | 78.6B | 78.63B | 67.32B | 62.28B | 59.49B | 62.31B | 57.47B | 50.15B | 51.11B | 57.8B | 55.44B | 48.1B | 40.44B | 45.85B | 39.73B | 34.56B | 31.91B | 29.2B | 26.6B |
| Accounts Payable | 60.41B | 53.97B | 53.34B | 39.55B | 34.95B | 31.39B | 34.39B | 30.2B | 24.59B | 24.16B | 14.11B | 28.12B | 19.21B | 18.87B | 12.71B | 20.37B | 16.23B | 14.84B | 12.64B | 10.8B |
| Days Payables Outstanding | 198.19 | 233.59 | 149.53 | 182.58 | 176.4 | 266.28 | 170.79 | 151.2 | 140.77 | 184.86 | 96.07 | 585.01 | 167.67 | 655.2 | 85.51 | 659.81 | 147.15 | 640.14 | 129.14 | 504.52 |
| Short-Term Debt | 11.03B | 6.29B | 7.52B | 5.92B | 6.23B | 7.3B | 9.13B | 10.24B | 9.51B | 9.61B | 25.48B | 10.06B | 12.06B | 7.7B | 5.28B | 6.81B | 8.18B | 7.61B | 7.3B | 6.87B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 4.02B | 0 | 4.07B | 0 | 0 | 0 | 2.86B | 0 | 2.76B | 0 | 2.11B | 0 | 0 | 0 | 1.38B | 1.13B |
| Other Current Liabilities | 15.88B | 0 | 17.33B | 0 | 682.48M | 0 | 652.63M | 0 | 0 | 0 | 709.29M | 0 | 672.4M | 0 | 13.18B | 0 | 0 | 0 | 550.68M | 510.5M |
| Current Ratio | 1.02x | 1.01x | 0.98x | 0.94x | 0.84x | 0.84x | 0.99x | 1.04x | 1.11x | 1.15x | 1.22x | 1.09x | 1.00x | 1.28x | 1.29x | 1.59x | 1.87x | 2.02x | 2.18x | 2.04x |
| Quick Ratio | 0.89x | 0.90x | 0.87x | 0.83x | 0.71x | 0.69x | 0.88x | 0.93x | 1.01x | 1.03x | 1.13x | 0.97x | 0.82x | 1.12x | 1.11x | 1.42x | 1.78x | 1.93x | 2.11x | 1.98x |
| Cash Conversion Cycle | -116.4 | -134.61 | -81.22 | -80.19 | -68.44 | -156.57 | -113.7 | -87.71 | -85.21 | -92.46 | -28.83 | -335.21 | -23.93 | -247.03 | -23.49 | -271.37 | -86.3 | -333.13 | -79.66 | -265.77 |
| Total Non-Current Liabilities | 34.34B | 33.1B | 33.15B | 32.64B | 31.15B | 38.94B | 31.79B | 30.45B | 29.65B | 28.36B | 33.85B | 27.33B | 20.91B | 25.43B | 22.77B | 24.28B | 23.64B | 17.8B | 15.62B | 14.67B |
| Long-Term Debt | 8.55B | 8.39B | 8.63B | 8.72B | 9.11B | 9.29B | 11.44B | 11.28B | 11.61B | 11.38B | 13.04B | 12.16B | 6.54B | 11.33B | 10.89B | 12.54B | 12.16B | 11.12B | 9.74B | 9.83B |
| Capital Lease Obligations | 9.42B | 9.71B | 10.1B | 10.25B | 12.82B | 11.36B | 11.3B | 10.58B | 10.25B | 10.11B | 10.09B | 8.66B | 8.45B | 8.41B | 6.53B | 6.83B | 7.06B | 2.55B | 2.35B | 1.83B |
| Deferred Tax Liabilities | 133.06M | 118.49M | 112.76M | 118.54M | 127.29M | 125.49M | 127.47M | 210.17M | 211.32M | 213.71M | 212.35M | 0 | 0 | 0 | 218.19M | 0 | 0 | 0 | 25.2M | 0 |
| Other Non-Current Liabilities | 16.23B | 14.88B | 14.3B | 13.54B | 5.81B | 18.17B | 5.49B | 8.38B | 7.29B | 6.66B | 7.13B | 6.51B | 5.92B | 5.69B | 2.53B | 4.92B | 4.43B | 4.13B | 3.51B | 3.02B |
| Total Liabilities | 121.99B | 111.7B | 111.78B | 99.96B | 93.43B | 98.44B | 94.1B | 87.92B | 79.8B | 79.47B | 91.65B | 82.77B | 69.02B | 65.87B | 68.62B | 64.01B | 58.2B | 49.71B | 44.82B | 41.28B |
| Total Debt | 29.01B | 26.57B | 26.25B | 27.64B | 30.96B | 30.35B | 33.82B | 33.88B | 33.12B | 32.74B | 50.38B | 32.24B | 28.39B | 28.4B | 23.71B | 27B | 28.44B | 22.09B | 20.1B | 19.2B |
| Net Debt | -1.97B | 17.74B | 210.03M | 18.37B | 23.85B | 22.28B | 14.49B | 10.09B | 8.47B | 8.92B | 17.44B | 8.15B | 14.67B | 13.63B | 3.82B | 8.92B | 3.92B | 6.19B | 4.77B | -2.39B |
| Debt / Equity | 2.03x | 1.83x | 2.07x | 2.29x | 4.68x | - | 2.50x | 2.11x | 1.60x | 1.32x | 1.96x | 1.64x | 1.55x | 1.21x | 0.86x | 0.82x | 0.80x | 0.59x | 0.53x | 0.69x |
| Debt / EBITDA | - | - | 51.96x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | 0.42x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -2.74x | -0.49x | 2.50x | -14.39x | -22.28x | -26.55x | -28.01x | -23.64x | -27.64x | -29.30x | -30.33x | -54.71x | -72.23x | -74.45x | -62.68x | -38.49x | -41.64x | -28.30x | -26.79x | -12.85x |
| Total Equity | 14.27B | 14.49B | 12.7B | 12.09B | 6.62B | -271.83M | 13.51B | 16.07B | 20.72B | 24.71B | 25.74B | 19.69B | 18.36B | 23.46B | 27.65B | 32.86B | 35.7B | 37.49B | 38.06B | 27.73B |
| Equity Growth % | 115.74% | 5431.81% | -5.97% | -24.78% | -68.06% | -101.1% | -47.52% | - | 12.83% | - | -6.91% | -40.08% | -48.57% | -37.41% | -27.37% | 18.51% | 35.48% | 23.15% | 40.09% | 95.68% |
| Book Value per Share | 5.72 | 5.84 | 5.06 | 4.98 | 2.97 | -0.13 | 6.57 | 7.82 | 10.11 | 12.09 | 14.61 | 11.35 | 11.11 | 14.23 | 16.78 | 20.04 | 21.86 | 23.07 | 23.68 | 17.69 |
| Total Shareholders' Equity | 4.07B | 4.34B | 4.16B | 3.67B | -1.21B | -365.9M | 5.97B | 11.35B | 16.07B | 20.59B | 25.55B | 15.71B | 14.45B | 19.62B | 23.87B | 29.13B | 32.19B | 33.94B | 34.71B | 24.42B |
| Common Stock | 0 | 0 | 0 | 0 | 3.93M | -365.9M | 3.66M | 11.35B | 16.07B | 20.59B | 3.62M | 15.71B | 2.93M | 19.62B | 2.92M | 29.13B | 32.19B | 33.94B | 2.89M | 2.81M |
| Retained Earnings | 0 | 0 | 0 | 0 | -124.81B | 0 | -113.07B | 0 | 0 | 0 | -90.76B | 0 | -80.69B | 0 | -69.91B | 0 | 0 | 0 | -55.63B | -53.52B |
| Treasury Stock | 0 | 0 | 0 | 0 | -139.16M | 0 | -239.33M | 0 | 0 | 0 | -1.85B | 0 | -1.85B | 0 | -1.85B | 0 | 0 | 0 | -1.85B | -1.85B |
| Accumulated OCI | 0 | 0 | 0 | 0 | 843.14M | 0 | 582.66M | 0 | 0 | 0 | 432.99M | 0 | 1.31B | 0 | 1.04B | 0 | 0 | 0 | -276.3M | -234.4M |
| Minority Interest | 10.21B | 10.15B | 8.54B | 8.42B | 7.82B | 94.06M | 7.54B | 4.72B | 4.64B | 4.12B | 189.4M | 3.98B | 3.91B | 3.84B | 3.78B | 3.73B | 3.51B | 3.55B | 3.35B | 3.31B |