Income Statement - Li Auto Inc. (LI)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | |
|---|---|---|---|---|---|---|---|---|
| Total revenue | 109,252.58 | 144,522.51 | 123,834.60 | 46,082.22 | 26,660.09 | 8,940.38 | 283.60 | 0.00 |
| Cost of revenue | 88,839.25 | 114,853.53 | 96,341.56 | 37,276.67 | 21,108.34 | 7,554.00 | 380.73 | 89.70 |
| Gross profit | 20,413.32 | 29,668.98 | 27,493.04 | 8,805.56 | 5,551.75 | 1,386.39 | -97.13 | -89.70 |
| Total operating expenses | 21,380.97 | 23,310.77 | 20,351.33 | 12,524.63 | 6,555.90 | 1,990.46 | 1,738.45 | 1,085.33 |
| Operating income | -967.65 | 6,358.21 | 7,141.70 | -3,719.07 | -1,004.15 | -604.08 | -1,835.58 | -1,175.03 |
| Non-operating income (net) | 2,229.44 | 2,961.46 | 3,308.65 | 1,521.79 | 853.32 | 425.51 | -575.77 | -35.72 |
| Income before tax | 1,261.79 | 9,319.66 | 10,450.35 | -2,197.28 | -150.83 | -178.57 | -2,411.35 | -1,210.75 |
| Income tax expense | 153.41 | 1,270.93 | -1,357.18 | -129.24 | 166.46 | -21.60 | -56.45 | 29.09 |
| Net income | 1,093.80 | 8,035.83 | 11,702.55 | -2,047.56 | -317.29 | -159.79 | -2,431.95 | -1,592.09 |
Show Quarterly Income Statement
Income Statement - Li Auto Inc. (LI)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Mar-19 | Dec-18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 22,843.91 | 28,378.26 | 27,404.69 | 30,353.21 | 25,985.56 | 44,273.67 | 43,181.22 | 31,640.19 | 25,626.39 | 41,732.10 | 34,950.96 | 29,561.73 | 18,875.22 | 17,649.87 | 9,735.11 | 8,848.21 | 9,567.47 | 10,620.45 | 7,755.29 | 5,045.31 | 3,621.82 | 4,083.41 | 2,465.82 | 1,938.82 | 865.02 | 278.15 | |||
| Cost of revenue | 21,046.80 | 23,318.45 | 22,929.15 | 24,264.66 | 20,655.05 | 35,303.45 | 33,890.50 | 25,470.70 | 20,343.58 | 31,945.21 | 27,246.62 | 23,128.64 | 15,027.14 | 14,083.54 | 8,586.12 | 6,945.05 | 7,402.39 | 8,240.47 | 5,947.96 | 4,091.32 | 3,022.69 | 3,369.90 | 1,977.97 | 1,680.24 | 815.33 | 278.24 | 23.48 | 18.03 | |
| Gross profit | 1,797.11 | 5,059.82 | 4,475.54 | 6,088.56 | 5,330.51 | 8,970.22 | 9,290.73 | 6,169.49 | 5,282.81 | 9,786.88 | 7,704.33 | 6,433.09 | 3,848.08 | 3,566.33 | 1,148.99 | 1,903.16 | 2,165.09 | 2,379.98 | 1,807.33 | 953.98 | 599.13 | 713.50 | 487.85 | 258.58 | 49.69 | -0.09 | -23.48 | -18.03 | |
| Total operating expenses | 4,742.50 | 5,585.48 | 5,751.76 | 5,547.60 | 5,056.29 | 5,266.90 | 5,988.75 | 5,835.64 | 6,024.76 | 6,750.46 | 5,402.95 | 4,885.02 | 3,514.02 | 3,699.95 | 3,368.26 | 2,894.57 | 2,578.39 | 2,355.88 | 1,904.88 | 1,490.59 | 1,012.14 | 791.23 | 664.58 | 434.10 | 287.53 | 582.12 | 533.74 | 297.41 | 326.15 |
| Operating income | -2,945.39 | -525.67 | -1,276.22 | 540.96 | 274.22 | 3,703.31 | 3,301.97 | 333.85 | -741.96 | 3,036.43 | 2,301.39 | 1,548.07 | 334.06 | -125.26 | -2,219.28 | -991.41 | -413.31 | 24.10 | -97.55 | -536.61 | -413.01 | -77.73 | -176.73 | -175.52 | -237.83 | -582.21 | -533.74 | -320.89 | -344.18 |
| Non-operating income (net) | 359.95 | 498.70 | 536.21 | 752.62 | 501.96 | 358.39 | 122.66 | 842.79 | 1,417.33 | 1,139.51 | 672.78 | 878.53 | 643.29 | 293.72 | 445.80 | 337.60 | 432.68 | 258.67 | 197.97 | 334.10 | 74.64 | 161.13 | 71.72 | 100.68 | 144.91 | -124.47 | -156.73 | -30.79 | -76.40 |
| Income before tax | -2,585.45 | -26.97 | -740.01 | 1,293.58 | 776.18 | 4,061.70 | 3,424.63 | 1,176.64 | 675.38 | 4,175.93 | 2,974.17 | 2,426.60 | 977.35 | 168.47 | -1,773.48 | -653.81 | 19.38 | 282.77 | 100.43 | -202.51 | -338.37 | 83.40 | -105.01 | -74.84 | -92.92 | -706.68 | -690.47 | -351.67 | -420.58 |
| Income tax expense | -323.18 | -46.93 | -114.70 | 192.73 | 128.07 | 529.01 | 583.94 | 77.03 | 84.42 | -1,576.39 | 139.27 | 43.21 | 39.13 | -96.84 | -58.54 | -4.28 | 30.25 | -12.74 | 121.88 | 33.28 | 26.29 | -22.50 | -57.41 | -10.24 | 5.50 | 345.66 | 248.54 | 22.75 | 86.09 |
| Net income | -2,275.68 | 6.43 | -625.89 | 1,096.46 | 651.80 | 3,522.94 | 2,834.42 | 1,101.26 | 592.38 | 5,658.08 | 2,845.33 | 2,365.90 | 934.03 | 256.94 | -1,709.29 | -626.15 | -10.87 | 295.51 | -21.45 | -235.79 | -364.66 | 105.90 | -105.01 | -74.84 | -78.32 | -710.20 | -694.66 | -357.16 | -747.90 |