NIO.STNIO.STSTO
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Operating Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+29.7%
5Y CAGR+19.8%
Studio
Year-over-Year Change

Expenses from normal business operations (SG&A, R&D, etc.)

3Y CAGR
+29.7%/yr
vs +0.5%/yr prior
5Y CAGR
+19.8%/yr
Recent acceleration
Acceleration
+29.2pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.5x
Strong expansion
Streak
1 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$20.47M+91.9%
2024$10.66M-2.1%
2023$10.89M+16.1%
2022$9.38M+13.8%
2021$8.24M-0.8%
2020$8.31M-12.7%
2019$9.51M+3.4%
2018$9.20M+17.8%
2017$7.81M+6.4%
2016$7.34M-