LI
Li Auto Inc
NASDAQ: LI · CONSUMER CYCLICAL · AUTO MANUFACTURERS
$17.75
-0.17% today
Updated 2026-04-29
Market cap
$18.14B
P/E ratio
110.94
P/S ratio
0.16x
EPS (TTM)
$0.16
Dividend yield
—
52W range
$16 – $32
Volume
3.1M
Li Auto Inc (LI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0.00 | $283.60M | $8.94B | $26.66B | $46.08B | $123.83B | $144.52B | $109.25B |
| Revenue growth (YoY) | — | — | +3052.5% | +198.2% | +72.9% | +168.7% | +16.7% | -24.4% |
| Cost of revenue | $89.70M | $380.73M | $7.55B | $21.11B | $37.28B | $96.34B | $114.85B | $88.84B |
| Gross profit | $-89.70M | $-97.13M | $1.39B | $5.55B | $8.81B | $27.49B | $29.67B | $20.41B |
| Gross margin | — | -34.2% | 15.5% | 20.8% | 19.1% | 22.2% | 20.5% | 18.7% |
| R&D | $804.46M | $1.13B | $997.30M | $3.19B | $6.84B | $10.58B | $11.08B | $11.31B |
| SG&A | $261.03M | $437.28M | $816.08M | $2.30B | $4.42B | $9.77B | $12.23B | $10.66B |
| Operating income | $-1.18B | $-1.84B | $-604.08M | $-1.00B | $-3.72B | $7.14B | $6.36B | $-967.65M |
| Operating margin | — | -647.2% | -6.8% | -3.8% | -8.1% | 5.8% | 4.4% | -0.9% |
| EBITDA | $-1.02B | $-2.01B | $244.14M | $494.34M | $-853.90M | $12.32B | $12.57B | $-967.65M |
| EBITDA margin | — | -708.2% | 2.7% | 1.9% | -1.9% | 9.9% | 8.7% | -0.9% |
| EBIT | $-1.11B | $-2.17B | $-112.92M | $-88.41M | $-2.09B | $10.54B | $9.51B | — |
| Interest expense | $65.94M | $83.44M | $63.26M | $62.43M | $108.21M | $86.24M | $187.83M | $163.50M |
| Income tax | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-1.59B | $-2.43B | $-159.79M | $-317.29M | $-2.05B | $11.70B | $8.04B | $1.09B |
| Net income growth (YoY) | — | -52.8% | +93.4% | -98.6% | -545.3% | +671.5% | -31.3% | -86.4% |
| Profit margin | — | -857.5% | -1.8% | -1.2% | -4.4% | 9.5% | 5.6% | 1.0% |