Li Auto revenue and financials
Secondary listing. The primary listing is Li Auto · NASDAQ (USD)
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In the fiscal year ended December 2025, Li Auto reported revenue of ¥112.31B (+467.49% year over year). Net income was ¥162.94M, a net margin of 0.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +467.49%
- 2025 vs 2024
- Net income growth
- −85.22%
- 2025 vs 2024
- Net margin
- 0.1%
- 2024: 5.6%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|
| Total revenue | 25,667 | 22,983 | 28,775 | 27,365 | 30,246 |
| Cost of revenue | 22,831 | 21,175 | 23,645 | 22,896 | 24,179 |
| Gross profit | 2,836 | 1,808 | 5,131 | 4,469 | 6,067 |
| Selling, general and administrative | 2,278 | 2,049 | 2,647 | 2,769 | 2,718 |
| Research and development | 2,776 | 2,722 | 3,017 | 2,974 | 2,810 |
| Operating income | -2,301 | -2,999 | -443 | -1,177 | 827 |
| EBIT | -1,833 | -2,561 | 10.1 | -706 | 1,339 |
| EBITDA | -1,833 | -2,561 | 10.1 | -706 | 1,339 |
| Interest expense | 116 | 40.7 | 37.4 | 32.7 | 49.8 |
| Pre-tax income | -1,949 | -2,601 | -27.3 | -739 | 1,289 |
| Income tax | -244 | -325 | -47.6 | -115 | 192 |
| Net income | -1,704 | -2,290 | 6.5 | -625 | 1,093 |
| Net income to common shareholders | -1,704 | -2,290 | 6.5 | -625 | 1,093 |
| Basic EPS | -0.85 | -1.13 | 0.00 | -0.31 | 0.54 |
| Diluted EPS | -0.85 | -1.13 | 0.00 | -0.31 | 0.51 |
| Average shares (basic) | 2,014 | 2,028 | 2,021 | 2,019 | 2,012 |
| Average shares (diluted) | 2,014 | 2,028 | 2,084 | 2,019 | 2,143 |