Li Auto Inc. (LAAOF) Operating Margin (2020 - 2026)
Li Auto (LAAOF) posted quarterly Operating Margin of 13.05% for Q1 2026, down 1410.0% year-over-year from 1.0% in Q1 2025, and down 748.33% quarter-over-quarter from 1.54% in Q4 2025.
Li Auto Inc. (LAAOF) Operating Margin (2020 - 2026) Analysis & Trends
Li Auto's Operating Margin history runs 7 years deep, the most recent figure standing at 13.05% for Q1 2026.
- In Q1 2026, Operating Margin fell 1410.0% year-over-year to 13.05%; the TTM figure through Mar 2026 stood at 3.53% (down 899.0% YoY), while the FY2025 annual figure was 0.46%, down 532.0% from the prior year.
- Operating Margin for Q1 2026 stood at 13.05%, down from 1.54% in the prior quarter.
- The five-year high for Operating Margin was 8.36% in Q4 2024, with the low at 22.8% in Q3 2022.
- The 5-year median for Operating Margin is 1.05% (2025), against an average of 0.99%.
- The sharpest annual moves came in 2022 and 2023: Operating Margin slumped 2154 bps in 2022, then surged 2954 bps in 2023.
- Li Auto's Operating Margin stood at 0.76% in 2022, then surged by 1061 bps to 7.28% in 2023, then advanced by 15 bps to 8.36% in 2024, then tumbled by 118 bps to 1.54% in 2025, then plunged by 748 bps to 13.05% in 2026.
- Business Quant data shows LAAOF's Operating Margin at 13.05% in Q1 2026, 1.54% in Q4 2025, and 4.3% in Q3 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -13.05% |
| Dec 31, 2025 | -1.54% |
| Sep 30, 2025 | -4.30% |
| Jun 30, 2025 | 2.73% |
| Mar 31, 2025 | 1.05% |
| Dec 31, 2024 | 8.36% |
| Sep 30, 2024 | 8.01% |
| Jun 30, 2024 | 1.48% |
| Mar 31, 2024 | -2.28% |
| Dec 31, 2023 | 7.28% |
| Sep 30, 2023 | 6.75% |
| Jun 30, 2023 | 5.67% |
| Mar 31, 2023 | 2.16% |
| Dec 31, 2022 | -0.76% |
| Sep 30, 2022 | -22.80% |
| Jun 30, 2022 | -11.20% |
| Mar 31, 2022 | -4.32% |
| Dec 31, 2021 | 0.23% |
| Sep 30, 2021 | -1.26% |
| Jun 30, 2021 | -10.64% |