Financials in USD. Standardized financial statements.
A compact view of how Li Auto Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $109.25B | $144.52B | $123.83B | $46.08B | $26.66B | $8.94B | $283.60M | $0 |
| Revenue Growth? | -24.4% | +16.7% | +168.7% | +72.9% | +198.2% | +3052.5% | 0.0% | 0.0% |
| Cost of Revenue? | $88.84B | $114.85B | $96.34B | $37.28B | $21.11B | $7.55B | $380.73M | $89.70M |
| Gross Profit? | $20.41B | $29.67B | $27.49B | $8.81B | $5.55B | $1.39B | -$97.13M | -$89.70M |
| Gross Margin? | +18.7% | +20.5% | +22.2% | +19.1% | +20.8% | +15.5% | -34.2% | 0.0% |
| Operating Expenses? | $21.38B | $23.31B | $20.35B | $12.52B | $6.56B | $1.99B | $1.74B | $1.09B |
| Operating Income? | -$967.65M | $6.36B | $7.14B | -$3.72B | -$1.00B | -$604.08M | -$1.84B | -$1.18B |
| EBITDA? | -$967.65M | $12.57B | $12.32B | -$853.90M | $494.34M | $244.14M | -$2.01B | -$1.02B |
| Income Before Tax | $1.26B | $9.32B | $10.45B | -$2.20B | -$150.83M | -$178.57M | -$2.41B | -$1.21B |
| Income Tax Expense | $153.41M | $1.27B | -$1.36B | -$129.24M | $166.46M | -$21.60M | $0 | $0 |
| Net Income? | $1.09B | $8.04B | $11.70B | -$2.05B | -$317.29M | -$159.79M | -$2.43B | -$1.59B |
| EPS? | $1.12 | $8.06 | $11.90 | $-2.10 | $-0.34 | $-0.85 | $-3.62 | $-2.12 |
| Diluted EPS? | $1.04 | $7.54 | $11.06 | $-2.10 | $-0.34 | $-0.85 | $-3.62 | $-2.12 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality