Li Auto revenue and financials
$10.85Change from previous close: +1.50%Absolute change: +$0.16
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 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Total revenue | 112,313 | 19,791 | 123,851 | 6,566 | 27,010 | 1,449 | 284 |
| Cost of revenue | 91,327 | 15,728 | 96,355 | 5,291 | 21,248 | 7,907 | 284 |
| Gross profit | 3,001 | 29,656 | 3,873 | 8,790 | 5,761 | 237 | -0.1 |
| Selling, general and administrative | 10,665 | 12,229 | 9,768 | 5,665 | 3,545 | — | — |
| Research and development | 11,315 | 11,071 | 1,491 | 6,780 | 516 | 1,100 | 1,169 |
| Operating income | -521 | 7,019 | 1,043 | -3,655 | -1,017 | -103 | -1,859 |
| EBIT | -435 | 6,991 | 7,276 | -3,599 | -1,017 | — | — |
| EBITDA | 4,200 | 10,049 | 9,081 | -2,385 | -427 | — | — |
| Interest expense | 168 | 188 | 86.3 | 106 | 9.9 | 10.3 | 83.7 |
| Pre-tax income | 1,297 | 9,316 | 10,452 | -2,159 | -153 | — | — |
| Income tax | 22.6 | 1,270 | -191 | -127 | 169 | -3.5 | — |
| Net income | 163 | 1,102 | 1,663 | -2,032 | -50.4 | -152 | -2,439 |
| Net income to common shareholders | 1,124 | 8,032 | 11,704 | -2,012 | -321 | — | — |
| Basic EPS | 0.08 | 4.03 | 5.95 | -0.15 | -0.17 | -0.91 | -12.87 |
| Diluted EPS | 0.54 | 3.79 | 5.55 | -1.04 | -0.03 | -0.91 | -12.87 |
| Average shares (basic) | 1,008 | 997 | 984 | 971 | 927 | — | — |
| Average shares (diluted) | 2,143 | 2,129 | 2,115 | 1,941 | 1,853 | 870 | 255 |