NIO vs Tesla: revenue, profit, margins and growth compared
NIO brought in $12.5B of revenue in fiscal 2025, Tesla $94.8B in fiscal 2025. Revenue changed by +38.9% at NIO and -2.9% at Tesla on the year before, so NIO grew faster. NIO kept -17.8% of its revenue as net profit, Tesla 4.0%. Free cash flow was -$439.4M at NIO and $6.2B at Tesla.
Fiscal years as each company reports them; the two may end in different months.
Questions about NIO and Tesla
Which is bigger by revenue, NIO or Tesla?
Tesla is bigger by revenue: $94.8B in fiscal 2025, against $12.5B for NIO in fiscal 2025.
Which keeps more of its revenue as profit, NIO or Tesla?
NIO had a net margin of -17.8% in fiscal 2025; Tesla had 4.0% in fiscal 2025.
Which grew revenue faster, NIO or Tesla?
In their latest fiscal years revenue changed by +38.9% at NIO and -2.9% at Tesla.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.