Li Auto (LAAOF) Net Margin (2020 - 2026)
Li Auto (LAAOF) posted Net Margin of 7.71% for Q2 2026, up 27.74% on a QoQ basis from 10.66% in Q1 2026, and down 1132.0% year-over-year from 0.75% in Q2 2025.
Powered by 
Analysis
Li Auto (LAAOF) Net Margin (2020 - 2026) Analysis & Trends
Li Auto has reported Net Margin for 7 years, with the latest figure at 7.71% in Q2 2026.
- On a quarterly basis, Net Margin fell 1132.0% year-over-year to 7.71% in Q2 2026; TTM through Jun 2026 was 5.25%, a 1105.0% decrease from a year earlier, with the FY2025 full-year figure at 1.0%, down 460.0% from the prior year.
- Net Margin was 7.71% for Q2 2026 at Li Auto, up from 10.66% in the prior quarter.
- The five-year high for Net Margin was 13.65% in Q4 2023, with the low at 17.56% in Q3 2022.
- Average Net Margin over 5 years is 0.91%, with a median of 2.41% recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Net Margin sank 1728 bps in 2022, then surged 2576 bps in 2023.
- Over 5 years, Net Margin stood at 1.69% in 2022, then jumped by 706 bps to 13.65% in 2023, then tumbled by 38 bps to 8.49% in 2024, then plunged by 114 bps to 1.15% in 2025, then plunged by 569 bps to 7.71% in 2026.
- The last three Net Margin figures came in at 7.71% (Q2 2026), 10.66% (Q1 2026), and 1.15% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,194.23 Bn | 1,150.70 Bn | 4.75 Bn | 3.99% |
| 2 | Toyota Motor | 256.51 Bn | 178.52 Bn | 12.27 Bn | 12.16% |
| 3 | Honda Motor | 125.71 Bn | 85.58 Bn | 8.46 Bn | 7.44% |
| 4 | Ford Motor | 79.74 Bn | 48.41 Bn | 6.08 Bn | -2.75% |
| 5 | General Motors | 76.29 Bn | 51.58 Bn | 7.33 Bn | 2.68% |
| 6 | Rivian Automotive | 21.32 Bn | 16.01 Bn | 179.00 Mn | -50.24% |
| 7 | Nio | 8.66 Bn | 2.33 Bn | 870.51 Mn | -2.62% |
| 8 | VinFast Auto | 7.21 Bn | 7.21 Bn | -677,431.76 Bn | -121.41% |
| 9 | Li Auto | 5.98 Bn | -6.51 Bn | 417.98 Mn | -7.71% |
| 10 | Xpeng | 5.26 Bn | 2.95 Bn | 601.83 Mn | -6.77% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -7.71% |
| Mar 31, 2026 | -10.66% |
| Dec 31, 2025 | -1.15% |
| Sep 30, 2025 | -2.55% |
| Jun 30, 2025 | 3.61% |
| Mar 31, 2025 | 2.51% |
| Dec 31, 2024 | 8.49% |
| Sep 30, 2024 | 6.56% |
| Jun 30, 2024 | 3.52% |
| Mar 31, 2024 | 2.31% |
| Dec 31, 2023 | 13.65% |
| Sep 30, 2023 | 8.20% |
| Jun 30, 2023 | 7.58% |
| Mar 31, 2023 | 5.10% |
| Dec 31, 2022 | 1.69% |
| Sep 30, 2022 | -17.56% |
| Jun 30, 2022 | -7.08% |
| Mar 31, 2022 | -0.11% |
| Dec 31, 2021 | 2.78% |
| Sep 30, 2021 | -0.28% |